On The Market

149: Agent Lawsuit Ends in Settlement & Why Dave Ramsey Thinks You Should Sell

Oct 13, 2023

38:50

The real estate commission lawsuit that threatened buyer’s agents’ income is coming to an end. The conclusion? There could be even more murkiness ahead, and agent commissions are far from future-proofed. This settlement could either have been a cash grab from the get-go or a way to end the “unfair” buyer-seller agent commission split. So, how will this affect buyers and sellers today, and will these lawsuits make a difference on your next home sale or purchase?

We’ve got the hard-hitting housing market headlines you need to hear about on this episode of On the Market. First, we’ll talk about RE/MAX’s settlement and the future for buyer’s agents. Then, we’ll uncover why exactly housing starts have started (no pun intended) to freeze and why apartment investors could be begging you to take land off their hands. And, if you’ve ever wanted your home to pay you money every month, the new “passive home” development has just what you’re looking for. But with a high initial purchase price, are the savings/profits worth the cost?

Finally, if you thought you were smart for house hacking, prepare for an ego-blow because Dave Ramsey wants YOU to know that subsidizing your mortgage is a move for LOSERS. Sell that investment property, buy your house in cash, and prepare some beans and rice for dinner! All that and more on this episode!

In This Episode We Cover:

The RE/MAX agent lawsuit settlement and what this means for real estate agent commissions

Too many agents, not enough housing, and why “change” is coming to the industry

Home construction numbers and why housing starts dropped to their lowest level in years

The “passive home” with such massive energy savings that utility companies will pay you to live

Dave Ramsey’s house hacking rant and why his investing advice doesn’t quite hit the mark

And So Much More!

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