Any brokers in the Texas Permian basin area? Curious on what rental commission rates you’ve been working with
and has the market started to pick back up again?
[{"id": "ij9f7jk", "text": "asking this question is a violation of your real estate license. Anyone who engages in this line of questioning is price fixing and is illegal. Mods should delete.", "replies": [{"id": "ij9id81", "text": "Do you mean for Texas?  Do they specifically have a law?  Because I disagree.", "replies": [{"id": "ij9isst", "text": "whether you agree or disagree doesnt matter. its a settled law. discussion of commission rates between brokerages is price fixing and in violation of real estate licensing. Yes, I'm no fun at parties\n\n[https://www.nar.realtor/legal-13#:\\~:text=The%20antitrust%20prohibition%20on%20fixing,violation%20of%20the%20antitrust%20laws](https://www.nar.realtor/legal-13#:~:text=The%20antitrust%20prohibition%20on%20fixing,violation%20of%20the%20antitrust%20laws).", "replies": [{"id": "ij9snzu", "text": "I\u2019m not a broker big guy but you do you \u2026 also you clearly haven\u2019t noticed these questions asked thousands of times before genius, looks like you\u2019ll be busy policing numerous posts from actual brokers.,", "replies": [], "depth": 4}, {"id": "ijbgmre", "text": "You aren\u2019t fun because you don\u2019t understand the law.  \n\nFrom your link: \u201c The antitrust prohibition on fixing commission rates means, simply, two or more real estate firms may not agree on the commission rate that each will charge. As noted earlier, price-fixing is a per se violation of the antitrust laws. Brokers must not agree with others on commission rates, and must take care to avoid even implying that they have discussed and/or reached agreement on fees. Salespeople must exercise similar caution to avoid the implication that the firm with which they are affiliated is part of a price-fixing conspiracy.\u201d\n\nSimply asking what people charge is NOT an agreement. That\u2019s called getting a quote.  \n\nBrokerages getting into a agreement not to lower their rates past a certain point is most certainly price fixing.  However, asking anonymous people on the internet, not so much.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]