Caught: Why These Real Estate Agencies Paid $4 Million+ to the Commerce Commission | Ep. 417
- Author
- Opes Partners
- Published
- Sun 01 Nov 2020
- Episode Link
- https://podcasters.spotify.com/pod/show/propertyacademy/episodes/Caught-Why-These-Real-Estate-Agencies-Paid-4-Million-to-the-Commerce-Commission--Ep--417-elkrge
In this episode, we go through the details of why several large real estate agencies have been fined millions of dollars by the Commerce Commission for alleged price-fixing.
This is a case that was widely publicised but poorly misunderstood. Here the real estate agencies entered into a price-fixing arrangement to pass on the cost of higher TradeMe fees to purchasers ... without room for negotiation.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
