Скачать или смотреть New Real Estate Commission Lawsuit Could Be Devastating for Agents

Episode #135

New real estate commission lawsuits could change home buying and selling as we know it. Long gone may be the days of buyers walking away paying zero commission and sellers having to bear the entire burden of a real estate transaction. Two new class action lawsuits against the National Association of REALTORS (NAR) could change how agents are paid and deals are done, but should investors even care?

We brought in James Rodriguez, Senior Real Estate Reporter at Business Insider, to explain exactly what could happen to commissions, what this means for the future of buying and selling real estate, and whether or not the next agent extinction is on our hands. With over $40 billion in damages from these combined lawsuits, real estate agents may wake up to an entirely new housing market where their services are rarely needed.

But who’s forging this fight against real estate agents, and why are they pushing for a “decoupling” of commissions? And, if you’re a full-time agent, should you be concerned about where your next paycheck could come from, or is this merely a hollow case with no REAL threat to hard-working agents and realtors? Stick around; we’ll get into who should (and shouldn’t) be worried.

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Understanding Real Estate Commissions (And How to Negotiate Them!):
https://www.biggerpockets.com/blog/re...
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The multibillion-dollar lawsuits that could radically reshape how we buy and sell homes forever:
https://www.businessinsider.com/real-...
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Insider: https://www.businessinsider.com/autho...
Twitter: @jamie_rod or   / jamie_rod  
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Show notes at: https://www.biggerpockets.com/blog/on...


00:00 Intro

04:06 How Agents Get Paid

11:35 The Lawsuits Explained

21:05 Do We NEED the MLS?

22:52 The “Decoupling” of Agents

32:38 Should Agents Be Concerned?

37:48 Connect with James!

38:28 Rethinking Real Estate Commissions