
Consider This from NPR A Class Action Suit Could Upend The Entire Real Estate Industry
Nov 5, 2023
A class action lawsuit in Missouri argues that real estate commissions artificially inflate home prices, and a federal jury awarded the sellers $1.8 billion. The podcast discusses the lawsuit's potential impact on the real estate industry, the history of agent commissions, and the conflict of interest in the system. It also explores the contentious practice of sellers paying agent fees, the impact on buyers and sellers, and potential legal repercussions.
Chapters
Transcript
Episode notes
1 2 3 4
Introduction
00:00 • 2min
Understanding Real Estate Agents' Commission and the Lawsuit Against the Industry
01:53 • 3min
Examining the Impact of Seller-Paid Commissions on Real Estate Buyers and Sellers
04:44 • 5min
The Cost of Real Estate Agents and Potential Legal Repercussions
09:15 • 2min
