HousingWire Daily
Real estate industry may still be in DOJ's crosshairs under Trump
Dec 10, 2024
Brooklee Han, a savvy reporter for HousingWire specializing in real estate, dives deep into the industry's future amidst the Trump administration's potential influence. She unpacks the nuances of ongoing commission lawsuits and the DOJ's antitrust scrutiny, stressing the evolving challenges for brokers. Han also highlights noteworthy philanthropic efforts by Realtor Leigh Brown in disaster relief, showcasing how real estate professionals are stepping up during crises while navigating a complex legal landscape.
30:18
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Quick takeaways
- The nomination of Gail Slater to the DOJ indicates ongoing scrutiny and potential regulatory challenges for the real estate industry under Trump.
- Realtor Leigh Brown's charitable work post-Hurricane Helene highlights how real estate professionals can significantly impact their communities during crises.
Deep dives
Impact of DOJ Leadership on Antitrust Scrutiny
The nomination of Gail Slater to lead the DOJ's antitrust division under the Trump administration raises concerns about continued scrutiny in the real estate industry. Slater, known for her aggressive stance on antitrust issues, including advocating for the breakup of major tech companies, suggests that the hoped-for reduction in antitrust enforcement may not materialize. Industry experts express frustration at the possibility that antitrust regulations will persist, countering the optimism surrounding a change in administration. Conversations with industry leaders indicate a general expectation that regulatory oversight will remain rigorous, especially regarding commission-related issues and buyer representation agreements.
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