Brokers compete for $85B in annual commissions but ignore how their data makes markets that generate huge fees beyond the first point of sale.
A new economic model for MLS, and an awakening in the Industry is part of the solution.
On a side note:
$85 Billion in annual commissions (times 4 years) is a number that may be a baseline for disgoragement if the Moehlr class action lawsuit is successful ..
Whatcha think?
What would a $200 Billion Dollar Judgment and award of damages against the major brokers, franchises, your MLS and Association, and maybe even you do to the present construct of the real estate industry?
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