Justice Department Expresses Concerns to Kansas Real Estate Commission Regarding Regulation that Would Prohibit Real Estate Agents from Offering Gift Cards to Home Buyers
Regulation Would Take Money Out of Home Buyers’ Pockets
The Department of Justice’s Antitrust Division sent a letter to the Kansas Real Estate Commission expressing its concerns regarding K.A.R. 86-3-32, a proposed regulation that would bar Kansas real estate brokers from offering gift cards to home buyers. According to the Division, this regulation would reduce competition and the likely effect would be to harm home buyers in Kansas.
A copy of the Division’s June 16, 2017, letter is attached.