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Realtors lose Anti Trust Ruling on Commissions

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Manage episode 381796304 series 3108253
Innhold levert av Home Building Hero. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Home Building Hero eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The National Association of Realtors recently lost an Antitrust ruling on commissions that could cost 1.8 billion.

The ruling states large brokerage firms conspired to artificially inflate the commission.

Typically the seller pays the commission to a listing firm and the fee is parsed out between the listing broker and the selling broker.

The fallout could mean in the future that a buyer would pay an agent directly to hire someone to help them buy a property and the seller would pay the listing firm only.

We explain why there will be an appeal and give our thoughts on this ruling and share additional information on this developing story.

  continue reading

508 episoder

Artwork
iconDel
 
Manage episode 381796304 series 3108253
Innhold levert av Home Building Hero. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Home Building Hero eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The National Association of Realtors recently lost an Antitrust ruling on commissions that could cost 1.8 billion.

The ruling states large brokerage firms conspired to artificially inflate the commission.

Typically the seller pays the commission to a listing firm and the fee is parsed out between the listing broker and the selling broker.

The fallout could mean in the future that a buyer would pay an agent directly to hire someone to help them buy a property and the seller would pay the listing firm only.

We explain why there will be an appeal and give our thoughts on this ruling and share additional information on this developing story.

  continue reading

508 episoder

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