09-07-2006, 01:37 AM
Around Atlanta, it would be the "end of the 7-percenters." About 20 yrs. ago, the biggest realtors came together and decided to get a 7% commission. Even though the Federal government came in twice and found them to be price-fixing, the realtors received a slap on the wrist each time and are still charging 7%. I know that in some areas of South Carolina the MLS members get to see the listings on the internet before the public does. I suspect this is to give any real estate agent the opportunity to buy the property before the public knows it's for sale. After all, most of the agents get into the business initially to be able to buy and sell real estate that the public does not know about.