25 min
The legal battle over real estate commissions Looped In
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- Business
New lawsuits challenging how real estate commissions are structured could lead to a number of possible outcomes, including changes in how much home sellers pay in fees and how agents who represent buyers are compensated. Plaintiffs in the case want to see more transparency in the real estate transaction. The defendants, including the National Association of Realtors, warn of potential dangers to the consumer if the system is drastically altered. The Chronicle's Rebecca Schuetz recently spoke on a panel with NAR's legal counsel and a lawyer/real estate broker from Washington at the annual Inman Connect conference. On the newest episode of Looped In, Schuetz discusses potential outcomes should the case be settled or even go to trial.
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New lawsuits challenging how real estate commissions are structured could lead to a number of possible outcomes, including changes in how much home sellers pay in fees and how agents who represent buyers are compensated. Plaintiffs in the case want to see more transparency in the real estate transaction. The defendants, including the National Association of Realtors, warn of potential dangers to the consumer if the system is drastically altered. The Chronicle's Rebecca Schuetz recently spoke on a panel with NAR's legal counsel and a lawyer/real estate broker from Washington at the annual Inman Connect conference. On the newest episode of Looped In, Schuetz discusses potential outcomes should the case be settled or even go to trial.
Support the show: https://offers.houstonchronicle.com/?offerid=125&origin=newsroom&ipid=podcast
See omnystudio.com/listener for privacy information.
Learn more about your ad choices. Visit megaphone.fm/adchoices
25 min