Invitational Symposium on Competition in Residential Real Estate Brokerage Industry

Welcome

Albert Foer, President, American Antitrust Institute

Overview of AAI’s Real Estate Competition Project

Norman Hawker, Senior Research Fellow, American Antitrust Institute and
Associate Professor, Haworth College of Business, Western Michigan University

What Is the State of Knowledge About Residential Real Estate Broker Commissions?

John Weicher, Senior Fellow at the Hudson Institute and former Federal Housing
Administration Commissioner

On the Political Power of the ® in Realtors®: What Are the Lobbying Resources of Full-Service Real Estate Brokers?

Virginia Gray, Robert Watson Winston Distinguished Professor of Political Science,
University of North Carolina Chapel Hill

How Can They Possibly Fix Prices When There Are So Many Realtors?

Robert Lande, Venable Professor of Law, University of Baltimore Law School,
and Senior Research Fellow, American Antitrust Institute

Is Competition Robust or Restrained Among Realtors?

Steven Sawyer, Associate Professor of Information Sciences and Technology,
The Pennsylvania State University

Robert Litan, Brookings Institution

Robert Hahn, Executive Director, AEI-Brookings Joint Center

Luncheon: A Journalist's Perspective

Alan Murray, The Wall Street Journal

How Would Increased Competition Affect Residential Real Estate ?

Lawrence White, Arthur E. Imperatore Professor of Economics, The Stern
School of Business, New York University

Breakout Sessions

Session A: What Information is Still Needed to Understand the Industry
Moderator:
Lawrence J. White, Arthur E. Imperatore Professor of Economics, The Stern
School of Business, New York University

The GAO’s Report on Real Estate Brokerage
David Wood, Director, Financial Markets and Community Investment, U.S. GAO

Comparable prices for real estate brokerage services in other developed nations
Norm Miller, Director of Real Estate Center, University of Cincinnati

Avenues for Data Collection
Darren Bush, Assistant Professor, University of Houston Law Center

Session B: How Can Internet and Other New Business Models Affect Competition?
Moderator:
Norman Hawker, Senior Research Fellow, American Antitrust Institute and
Associate Professor, Haworth College of Business, Western Michigan University

Panelists:
Markham Erickson, General Counsel, NetCoalition

LaLa Wang, CEO, MLX.com

Philip Henderson, Director of Government Affairs, LendingTree.com

Steve DelBianco, Executive Director, NetChoice

What Does the Future Hold for Antitrust Enforcement in the Real Estate Industry?

Moderator:
Albert Foer, President, American Antitrust Institute

Panelists: Maureen Ohlhausen, Director, Office of Policy Planning, Federal Trade Commission

Blake Harrop, Chair of the National Association of Attorneys General Real Estate
Working Group

Robert Litan, Brookings Institution