Broker commission system that charges up to 6% could face antitrust probe

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The reported scrutiny by the DOJ comes amid private class-action lawsuits that look to loosen the stranglehold the National Association of Realtors has over the housing market.

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The Justice Department has turned its focus to the real estate commission-sharing system that bakes in a 5% to 6% cut of the sale, which is split between the seller’s and buyer’s agents, according to Bloomberg. Representatives for the NAR and Justice Department did not immediately respond to The Post’s request for comment.

 

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