The chapter explores a recent settlement in the real estate sector that alters how agent commissions are structured, leading to increased competition among realtors. It delves into the potential effects on the industry, including fee compression and potential market changes, focusing on traditional and online brokerages as well as specific companies like Zillow and CoStar.
The National Association of Realtors settled a lawsuit that could dramatically change the way homes are sold.
(00:21) Nick Sciple and Ricky Mulvey discuss:
- How the settlement could impact realtors and traditional brokerages.
- The potential effect on Redfin’s growth story.
- Why CoStar may be a winner in the shake-up.
Plus, (16:50) Robert Brokamp and Alison Southwick discuss a critical piece of financial planning that can help any family.
Link to receive the “3 Dividend Stocks” report: www.fool.com/2024dividends
Companies discussed: RDFN, Z, ZG, COMP, RMAX, CSGP
Host: Ricky Mulvey
Guests: Nick Sciple, Robert Brokamp, Alison Southwick
Producer: Mary Long
Engineers: Dan Boyd, Rick Engdahl
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