What is it called when a group of brokers agree to not deal with a certain company?

When a group of brokers agrees to not deal with a certain company, this practice is referred to as boycotting. Boycotting typically involves a collective action taken by individuals or groups to withdraw support or refuse to engage with an entity, often in protest of its practices or policies. In this scenario, brokers may find common ground in their decision to avoid working with a particular company based on shared concerns or strategic interests.

Boycotting can have significant implications in the real estate industry, including the potential for damaging the targeted company's reputation and business. It exemplifies how cooperation among competitors can influence market dynamics and consumer choices. This understanding of boycotting is critical for real estate professionals, as they navigate the ethical and legal considerations of competition and collaboration in their dealings.