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Tuesday, October 2, 2007
The 1890 Sherman Act prohibits any agreement among competitors.
If an agent ever tells you not list your property with a broker who offers discounted commissions, they are breaking the law. If an agent ever tells you that no agent will show your property because you are currently listed with a discount broker, they have broken the law. Violation is a felony. Restitution to victims: civil recovery up to 3 times damages, $10M corporations and $350K and/or imprisonment for individuals.
Please report this illegal activity immediately to the
Department of Justice
Antitrust Division - New Case Unit
601 D Street NW, Ste 10107
Washington, DC 20530
email: newcase.atr@usdoj.gov
PH: 1-888-647-3256 or 1-202-307-2040