HousingWire Daily
Brooklee Han on NAR’s clarification of buyer broker agreements
May 8, 2024
Reporter Brooklee Han discusses real estate lawsuit settlements, NAR's new buyer broker agreements, and challenges in housing markets. Topics include settlement details, DOJ involvement, evolving buyer agreements, real estate dynamics in North Carolina and Cincinnati.
29:49
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Final approval hearings on real estate settlement agreements are crucial, DOJ may influence outcomes.
- NAR's new buyer broker agreements mandate concrete compensation definitions, signed agreements before property tours.
Deep dives
Overview of Real Estate Lawsuit Settlements
Many major players in the real estate industry have reached settlement agreements following the Sitzer Burnett jury verdict. Companies like remax, Keller Williams, National Association of Realtors, and others have finalized agreements. However, there are still notable players like EXP, United Real Estate, and Howard Hanna awaiting settlement. The upcoming final approval hearings on these agreements will be crucial, with expectations of final approval, but the DOJ may still influence outcomes.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
