The nation's second-largest real estate brokerage is expected to announce today a plan to pool all U.S. residential property listings on its website, a move that would create a formidable national competitor to industry-backed Realtor.com.
The move by Re/Max International Inc. also could eventually help reduce consumers' costs of buying and selling homes, as competition with other Web-based brokerages heats up.
Online real estate companies and consumer advocates have long complained about the real estate industry's efforts to limit access to property listings on the Internet. They see it as an attempt to thwart competition from Web-based upstarts, which typically charge lower commissions or charge referral fees.
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You have a great website here, and I'm going to tell all my friends about it.
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