Word: catalist
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...held listings on which the agents have exclusives, and they pocket a hefty 5%-to-7% commission on each sale. Today that clubby world is being shaken more and more by a handful of upstarts. Internet interlopers like LendingTree, along with regional discounters like Foxtons in the Northeast and CataList Homes on the West Coast, have been gaining traction with a new scenario--one that simplifies and shortens the process for buyers and offers sellers overdue relief on the commissions they must...
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