A recent class-action lawsuit focuses attention on a long-festering consumer issue in real estate: Alleged steering of home buyers to affiliated title, settlement and mortgage companies by large real estate brokerage firms, a practice that could cost consumers hundreds of dollars, compared with fees and services offered by nonaffiliated competitors. -
Agents' Costly Referrals Spark Class-Action Suit
A recent class-action lawsuit focuses attention on a long-festering consumer issue in real estate: Alleged steering of home buyers to affiliated title, settlement and mortgage companies by large real estate brokerage firms, a practice that could cost consumers hundreds of dollars, compared with fees and services offered by nonaffiliated competitors.-
By Kenneth R. Harney