joshua hunt

  • Latest property newsPurpleBricks Federal Trade Commission
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    Purplebricks USA speaks at workshop designed to help legislators prevent discrimination against online agents

    Purplebricks USA says its appearance yesterday at a Federal Trade Commission and Department of Justice workshop in Washington DC was in part to help the country’s legislators prevent traditional agents discriminating against online competitors. In the past the Department of Justice (DoJ) has been forced to intervene in the US industry and prevent ‘anti-competitive’ practices involving online/digital agents. This is in stark contrast to the UK, where the main portals have from the outset enabled online-only agents to list on their platforms. This has been despite agents being unhappy that some online operators have walked a thin line between being an agent and offering vendors and landlords direct access to the portals. In 2008 the DoJ sued the National Association of Realtors – the NAEA’s counterpart in the US – for blocking internet brokers, as online agents are called there, from the country’s property portals. This in theory freed up internet brokers to offer a pared-down, low-fee service via the same portals as traditional agents, and ultimately paved the way for Purplebricks to launch in America, but anti-competitive activities persist, according to commission-free property firm Trelora. During the workshop its CEO Joshua Hunt (pictured) said his company had endured “bricks…

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