Editorial: Realtors must embrace fair rules of competition, lest their hands get forced

Published by
Chicago Tribune

These are boom times for residential real estate, and especially for real estate agents who help to buy and sell homes. Soaring prices and fast-paced sales in markets across the country have put many top agents on easy street. Their sales commissions are expected to surge 16% this year, surpassing $100 billion for the first time, according to an industry analysis. The embarrassment of riches is drawing attention to the National Association of Realtors. Known as NAR, this Chicago-based trade group is like a union for real-estate professionals, setting rules and policies through more than 1,400 …

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