B: Monopolizing trade a felony; penalty
"Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court."
To Richard: With all due respect, you can run your business how ever you see fit.
ALL AGENTS PLEASE READ!!! Under no circumstances should a licensed agent or broker ever discuss commissions in a public forum. It includes every state, this is federal.... It is against the law, it violates the Sherman Antitrust Laws and you could face loss of license, fines or jail. An agent can quote commission to a potential seller on the phone, email, fax or in person. But can not discuss what others charge. the correct answer to this question is commissions are negotiable, each office has their own rate and more important what they offer for that rate. Please contact individual offices and simnply ask what they charge. So please review this question w9ith your broker or legal department before discussing commission in an open forum.
If you want to discuss further, please feel free to call me anytime at 310-482-0173.
#1 Listing and Selling Agent,
Keller Williams West LA
As stated below it is a violation of the Sherman Antitrust Act to discuss in an open environment. You can ask a Realtor directly what they charge, there is no problem with that. I'm not in your zip code so my commission rate is irrelevant. I would call a local Remax office and ask to speak with someone who handles commercial transactions. Maybe speak with a couple different Remax offices if you want to get a feel for what local Realtors are charging.
I know this doesn't help you, but none of us are in the mood to loose our license today. :)
Remax / Lakeland