{"id":26584,"date":"2022-05-19T08:17:14","date_gmt":"2022-05-19T12:17:14","guid":{"rendered":"http:\/\/t3_ut24lf"},"modified":"2022-05-19T08:17:14","modified_gmt":"2022-05-19T12:17:14","slug":"price-fixing-has-sent-realtor-commissions-soaring-in-an-already-hot-market-lawsuit-alleges","status":"publish","type":"post","link":"https:\/\/blog.andrewwbradley.ca\/index.php\/2022\/05\/19\/price-fixing-has-sent-realtor-commissions-soaring-in-an-already-hot-market-lawsuit-alleges\/","title":{"rendered":"\u201cPrice fixing has sent Realtor commissions soaring in an already hot market, lawsuit alleges\u201d"},"content":{"rendered":"<p><!-- SC_OFF --><\/p>\n<div class=\"md\">\n<p>\u201cFor example, a brokerage representing a buyer in 2005 in the Greater Toronto Area would have earned a commission of about $8,795 on the average single-family home \u2014 while in December 2021, the buyer&#039;s brokerage would earn about $36,230, or four times more on that same home, according to Dr. Panle Jia Barwick, a leading economist on the real estate industries commission structure. <\/p>\n<p>To put that jump in perspective, the median household income increased by just 14 per cent between 2005 and 2019, after adjusting for inflation.\u201d<\/p>\n<p><a href=\"https:\/\/www.cbc.ca\/news\/marketplace\/price-fixing-real-estate-1.6458531\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cbc.ca\/news\/marketplace\/price-fixing-real-estate-1.6458531<\/a><\/p>\n<\/p><\/div>\n<p><!-- SC_ON --> &#032; submitted by &#032; <a href=\"https:\/\/www.reddit.com\/user\/t0r0nt0niyan\" target=\"_blank\" rel=\"noopener\"> \/u\/t0r0nt0niyan <\/a> <br \/> <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/ut24lf\/price_fixing_has_sent_realtor_commissions_soaring\/\" target=\"_blank\" rel=\"noopener\">[link]<\/a><\/span> &#032; <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/ut24lf\/price_fixing_has_sent_realtor_commissions_soaring\/\" target=\"_blank\" rel=\"noopener\">[comments]<\/a><\/span><a href=\"\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cFor example, a brokerage representing a buyer in 2005 in the Greater Toronto Area would have earned a commission of about $8,795 on the average single-family home \u2014 while in December 2021, the buyer&#039;s&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":24127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/26584"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=26584"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/26584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media\/24127"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=26584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=26584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=26584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}