See the link below for the Staff Opinion on the question of whether the Realtors Association of Jamaica could require its members to pay a minimum commission of 1.5% when two real estate companies are involved in the sale of a property. The FTC concluded that the implementation of a minimum commission and/or minimum commission split for co-brokered transactions could constitute a price-fixing agreement, in breach of section 34 of the Fair Competition Act.
Staff Opinion on 1.5% Minimum Co-broking Commission on Real Estate Sale