AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Morning Brew Daily
The End of 6% Real Estate Commissions? & Uber and Lyft Are Out in Minneapolis
Mar 18, 2024
28:40
Snipd AI
The podcast discusses the potential end of 6% real estate commissions and why Uber and Lyft are leaving Minneapolis. They also cover a former UK tech mogul going on trial for fraud, winners of the weekend, viral trends like the Trader Joe's tote bag, and upcoming events like NCAA tournament brackets and Reddit's IPO.
Read more
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The settlement changing real estate commission fees could lead to a potential 30% reduction in yearly payments, reshaping the industry.
- Uber and Lyft's potential exit from Minneapolis due to a minimum wage law shows the delicate balance between fair pay for drivers and sustaining operations.
Deep dives
Real Estate Agents Face Industry Shake-Up with Commission Fee Settlement
The National Association of Realtors settled lawsuits changing commission fees setup, impacting how buyers and sellers pay agents separately and slapping NAR with a $418 million fine. Experts foresee potential 30% reduction in the $100 billion Americans pay yearly in real estate commissions and a potential agent drop-off, reshaping the industry.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode