Do NOT Use a Realtor in your Real Estate Transaction. The E and O insurance is to protect the Realtor, the "Forms" are to protect the Realtor and the Real Estate Consumer has no rights. '
This class action lawsuit is what happens in many MLS's and I would even dare to say all MLS's, I have been in many of them and been boycotted for charging less money and giving Buyer and Seller Rebates.
"Pennsylvania homeowner Thomas Logue filed a class action lawsuit in April 2010, alleging that a group of real estate brokerages and a local MLS (and its board of directors) conspired to keep broker commissions artificially high by limiting competition among companies, according to court documents. The area real estate companies stifled competition by keeping some rival businesses from effectively marketing properties, blocking discount brokers from listing in the MLS, alleges the suit, which Logue’s attorneys say caused him to pay more than was necessary to list his home in 2006.
as a Real Estate Industry Insider and Whistleblower