Back to the Oxley hearings. In addition to the three witnesses from government agencies, Department of Justice, Government Accountability Office, and Federal Trade Commission who testified in general that real estate lacks real competitiveness , there were four other witnesses who testified against the...
It has been almost a year since Congressman Michael Oxley (R, Ohio), Chairman of the House Committee on Financial Services, wrote a letter to the General Accountability Office (GAO) asking questions about the state of competition in the real estate industry . In June 2005 he was joined by the ranking...
If officials of the National Association of Realtors are looking a little beleaguered these days one can hardly blame them. Not only are state real estate licensing authorities being sued by the U.S. Department of Justice in several states for various rules and regulations that may be protecting agent...