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The real estate industry on trial

Planet Money

Uncovering Collusion in Real Estate Commissions

13min Snip

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The chapter explores a legal case exposing inflated fees and collusion in the real estate industry, leading to a class action lawsuit against major realtor franchises and the National Association of Realtors. It highlights the power dynamics and lobbying influence of the real estate industry. The episode delves into the intricacies of buyer's agent commissions, discussing price-setting conspiracies and contrasting views on the value of real estate services.

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