Calling it a “kickback scheme,” HomeOpenly owner Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don’t actually buy and sell property.
Source: Inman News
Referral fees from so-called ‘paper brokerages’ including Zillow inflate commissions by $15B: HomeOpenly
Published in antitrust, Brokerage, dmitry shkipin, drew uher, false advertising, Federal Housing Finance Agency, FHFA, homelight, homeopenly, real estate commissions, Select, trademark infringement and unfair practices
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