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Residential Real Estate Industry Settlement Impact
The chapter delves into a recent $400 million settlement in the residential real estate sector, discussing changes such as reducing buying side fees to zero and mandating clearer fee disclosures. The conversation debates the effectiveness of these changes in addressing concerns about steering and access to information, while speculating on potential implications for investors and regulators. Additionally, the chapter explores the broader economic effects of transaction fees and discusses the potential impact of deregulating commissions in the industry.