Home sellers pay billions in excess agent fees, CPC report claims

Sabotaging low-fee brokers?

Nadel wrote that this threat has led the industry to “thwart legislative or administrative threats to the status quo,” to discourage agents from openly declassing their rates, and to attempt to “sabotage brokers offering lower prices by steering clients away from deals that involve “low-fee” brokers or agents on the other end of the sale.”

The…