Pivot
Apple's AI Plans, Real Estate Shake-up, and Guest Dana R. Fisher
Mar 19, 2024
Dana R. Fisher, the Director of the Center for Environment, Community, & Equity at American University and author of "Saving Ourselves," shares her journey as an "apocalyptic optimist" focused on climate activism. She highlights the urgency of systemic change in real estate and critiques high commission fees. The discussion also touches on significant shifts in climate solutions, including the role of technology and clean energy investments, showing how collaborative efforts can drive real progress.
01:08:19
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Quick takeaways
- Real estate commission fees are set to decrease, allowing for more negotiation and cost control for buyers.
- Climate shocks worsened by carbon emissions require systemic changes beyond individual actions.
Deep dives
Real Estate Commission Fees Settlement
The National Association of Realtors has agreed to settle lawsuits accusing them of conspiring to keep agent commissions high. The settlement aims to slash the standard 6% commission fee, allowing for more negotiation with agents or the option to not use an agent at all. The settlement, still to be approved, includes a $418 million payout over four years, aiming to bring down the high real estate commission fees.
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