Out of commission: Will America’s realtors change their ways?

Agent commissions are a key part of how the US housing market operates. Realtors representing the seller and the buyer have typically taken a large cut of the sale price - usually 5% or 6%. Now the National Association of Realtors has lost a class action lawsuit brought by homesellers, claiming these high commissions are the result of anti-competitive practices. So will new rules, agreed in the settlement of this suit, bring down the cost of buying and selling a home? Hosts: Alice Fulwood and Mike Bird. Guests: Michael Ketchmark, personal injury attorney at Ketchmark and McCreight; and Rob Hahn, real estate strategist and author of the Notorious ROB Substack. Transcripts of our podcasts are available via economist.com/podcasts. Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.