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#22 - Realtor Commissions Remain Strong Despite $418M NAR Settlement
Manage episode 456657643 series 3540956
Sisällön tarjoaa Sean Reynolds. Sean Reynolds tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
The $418 million settlement against the National Association of Realtors (NAR) was predicted to disrupt the real estate industry, slashing agent commissions and housing prices. However, real-world data shows minimal impact. Average buyer-agent commissions barely budged, holding steady at 2.62% before the settlement and 2.59% afterward. Critics argued this would foster transparency and competition, but sellers continue to offer competitive commissions to attract buyers' agents. Realtors emphasize that sellers have long been able to negotiate commissions, making the settlement’s practical effect negligible. This reinforces the enduring value of market-driven practices over litigation-induced regulation.
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