Please login or sign up to post and edit reviews.
A Class Action Suit Could Upend The Entire Real Estate Industry - Publication Date |
- Nov 05, 2023
- Episode Duration |
- 00:09:10
If you have ever bought a home or are thinking about buying one, you know it can be expensive. For most people, a home is the most expensive purchase they will ever make. But
selling a home can be expensive too. In part, that's because of the commissions real estate agents collect when a home is sold.Depending on the price of the home, commissions can be tens of thousands of dollars.A class action lawsuit brought by a group of Missouri home sellers against the National Association of Realtors argues that these fees hurt consumers by artificially inflating home prices. This past week, a federal jury awarded the home sellers $1.8 billion.
Adrian Ma and
Wailin Wong, co-hosts of NPR's
The Indicator, break down how that decision could change the entire real estate industry. Email us at
considerthis@npr.org.Learn more about sponsor message choices:
podcastchoices.com/adchoicesNPR Privacy PolicyThis episode could use a review!
This episode could use a review! Have anything to say about it? Share your thoughts using the button below.
Submit Review