|Allows choice of brokerage services|
|Allows brokers to offer rebates to consumers|
In response to a U.S. Department of Justice investigation, the South Dakota Real Estate Commission unanimously voted to repeal two previous Declaratory Rulings that prohibited real estate brokers from paying rebates to customers. Because of the South Dakota Real Estate Commission's action, consumers in that state may now benefit from increased price competition in the form of consumer rebates.
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Brokerage services: Discount Brokers Can Make Selling a Home Less Costly
August 17, 2005
Related documents on the Internet:
South Dakota Real Estate Commission, Rebates, Inducements & Discounts—Information for Licensees (2005)