Feds say Kansas rule reduces competition, harms homebuyers
June 21, 2017
WICHITA, Kan. (AP) — A proposed Kansas rule barring real estate brokers from offering gift cards would reduce competition and cause "significant harm" to homebuyers, the U.S. Department of Justice's Antitrust Division told state regulators.
The federal government doesn't often weigh in on Kansas real estate regulations and its letter, written by Acting Assistant Attorney General Andrew Finch, comes as the Kansas Real Estate Commission considers public comments. The letter, dated Friday, was addressed to Erik Wisner, the commission's executive director.
A public hearing held Monday on the...