Competition Policy and the Real Estate Industry
A Public Workshop hosted by the Federal Trade Commission and Department of Justice
On Tuesday, October 25, 2005, the Federal Trade Commission and the Department of Justice hosted a public workshop entitled “Competition Policy and the Real Estate Industry.” The workshop focused on issues related to the competitiveness of the residential real estate industry, and covered topics such as multiple listing services, online “virtual office Web sites,” discount and limited-service brokers, and minimum-service requirements. The event was open to the public and there was no fee for attendance.
WHEN:
Tuesday, October 25, 2005
WHERE:
FTC Conference Center, 601 New Jersey Avenue, N.W., Washington, D.C. 20001
RELATED DOCUMENTS:
- Workshop Transcript (Updated 12/09/05)
- Agenda with Panelist Bios (Updated 10/20/05)
- Public Comments
- Press Release (09/13/05)
- Federal Trade Commission and Department of Justice: Public Workshop: Competition Policy and the Real Estate Industry: Joint Notice of Workshop and Opportunity for Public Comment.
- Text of the Federal Register Notice
- Broker Complaint Questionnaire
PANELIST PRESENTATIONS:
- Steve DelBianco, Executive Director, NetChoice Coalition
- Tom Early, National Association of Exclusive Buyer Agents
- Aaron Farmer, Owner, Texas Discount Realty
- Robert W. Hahn, Executive Director, AEI-Brookings Joint Center
- Philip Henderson, Attorney, Government Affairs, LendingTree, LLC
- Chang-Tai Hsieh, Associate Professor of Economics, University of California
- Thomas R. Kunz, President and Chief Executive Officer, Century 21 Real Estate
- Geoff Lewis, Senior Vice President/Chief Legal Officer, RE/MAX International, Inc.
- Alexander Perriello, President and Chief Executive Officer, Cendant Real Estate Franchise Group
- Colby Sambrotto, Chief Operating Officer, ForSaleByOwner.com
- Wayne Thorburn, Administrator, Texas Real Estate Commission
- Catherine B. Whatley, 2003 President of National Association of Realtors
- Lawrence Yun, Managing Director of Quantitative Research, National Association of Realtors
RELATED FTC COMPETITION ADVOCACY COMMENTS:
- Federal Trade Commission and Justice Department Encourage Michigan Senate Committee to Continue to Allow Consumer Choice in Real Estate Brokerage Services
- Federal Trade Commission and Justice Department Urge the Governor of Missouri to Continue to Allow Consumer Choice In Real Estate Brokerage Services
THE RESIDENTIAL REAL ESTATE BROKERAGE INDUSTRY (1983 FTC Staff Report):
- Table of Contents [4.5 MB]
- Introduction and Glossary of Terms [1 MB]
- Chapter 1 [4.6 MB]
- Chapter 2 [4.1 MB]
- Chapter 3 [7.1 MB]
- Chapter 4 A-B [6.0 MB]
- Chapter 4 C [8.1 MB]
- Chapter 4 D-E [6.9 MB]
- Chapter 4 F-G [7.4 MB]
- Appendix A [2.5 MB]
- Appendix B [15.5 MB]
- Appendix C [4.1 MB]
- Appendix D [8.1 MB]
- Appendix E [1.6 MB]
- Exhibit A Buyer Survey [5.1 MB]
- Exhibit A Seller Survey [4.4 MB]
- Exhibit B Multiple Listing Service Survey [3.4 MB]
- Exhibit C Alternative Broker Survey [4.3 MB]
- Consumers' Experiences with Real Estate Brokers (the Butters Report) [7.9 MB]
- Tables and Appendices [8.5 MB]