Hundreds of small brokers joined together in meetings, frantic emails and a petition criticizing the fait accompli announcement by REBNY of a planned portal to present broker exclusives to consumers. Universally, brokers criticized REBNY for undertaking a mandatory portal that included no participcation from 95% of REBNY’s broker members and the lack of a business plan. Buyer brokers especially expressed concerns that buyeres would not need or use their services.

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