Romans

Romans is an estate agency operating in Berkshire and the surrounding area, large enough to be a familiar local instruction for sellers, and still a high-street agent rather than a national portal. The fee is a percentage of the sale price, agreed when the seller signs the instruction and paid on completion.

The CMA found Romans coordinated that percentage with other Berkshire agents: Michael Hardy, Prospect Estate Agency, and Richard Worth among the names in the case. Coordination is the agreed floor. It is what remains after you take away the conversation in which one agent cuts the fee to win the house. The library status is fined.

No Romans-only fine appears here. No statement appears here about who confessed. Those omissions are deliberate. The fact this profile stands on is the coordinated commission, and the seller who could not use Romans as a genuine alternative to the agent down the road.

Romans sells the same local service as the other Berkshire respondents: a sale instruction priced as a commission.

The cartel is horizontal. The agents were rivals for the same sellers in the same county.

The CMA decision is the record. This profile does not restate anyone's individual penalty.

A seller who invited Romans and two other local agents to quote was the person the floor was aimed at.

The buyer's side of the house transaction is a different payment. The cartel was on the seller's commission.