What does consumer advocate Ralph Nader say about a Buyers Broker?
Consumer advocates Ralph Nader and Stephen Brobeck mounted blistering attacks on the real estate profession at a two-day conference held earlier this month in Cambridge, Ma. Reform has never been possible before, according to Ralph Nader, because no group has had the power to oppose organized real estate or a vested interest in coming out on the side of the home buyer. “That’s why,” he declared, “I think the rise of the buyer brokerage movement will become the most significant single factor in crumbling the tight-knit real estate cartel”. However, it was the practice of “disclosed dual agency” which came in for the severest criticism. Dismissing it as “A maneuver for the big guys to have it both ways,” and “shaft the consumer,” Nader urged Buyer Brokers to make “the struggle against disclosed dual agency their number one priority.
