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 dollars.
Adrian Ma and Wailin Wong, co-hosts of NPR's The Indicator, breakdown how that decision could change the entire real estate industry.
Email us at [email protected]
This episode was produced by Brittany Cronin, with engineering by Ko Takasugi-Czernowin. It was fact-checked by Sierra Juarez and edited by Kate Concannon and Jeanette Woods. Our executive producer is Sami Yenigun.
2024-12-24 21:15823 view
2024-12-24 20:521226 view
2024-12-24 20:241097 view
2024-12-24 19:54327 view
2024-12-24 19:522137 view
2024-12-24 19:322449 view
Is imitation the sincerest form of flattery? Not for Elon Musk, at least when it comes to "Saturday
LANCASTER, Pa. — Lexi Thompson’s history with the U.S. Women’s Open began as a prodigious 12-year-ol
JUNEAU, Alaska (AP) — State election officials acted properly when they allowed sponsors of a measur