Is there a Monopoly in the Real estate industry?
I hear many buyers and sellers who think there is a monopoly in real estate. Is it true?
Deleted User Deleted User
Los angeles, CA
3 years ago
This is an issue that has been in the industry for many years and now gets more attention. Yes, I personally think there is a monopoly in our industry. NAR is a monopoly in my opinion. They failed to protect our future selling Realtor.com to Move inc for money. Don't they have enough money from our membership fees?
I was a real estate agent in the late 70s. I can say that nothing really changed. From a printed MLS listings to online is the only thing that really changed. I don't know about a monopoly but, the way we buy and sell houses have not changed much. So, maybe there is a monopoly.
Of Course there is a monopoly in the real estate industry. NAR is one of the strongest lobby in the U.S
There is a Monopoly in real estate. But this Monopoly will be lost in 5-10 years. The internet will take over this industry.
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