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The Wright Report

03/19/2024: Revolutionizing Home Buying - Major Changes Coming

The Wright Report

Bryan Dean Wright

News, Politics

4.92K Ratings

🗓️ 19 March 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

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In the March 19th episode of The Wright Report, Bryan Dean Wright, a former CIA Operations Officer, brings to the forefront pivotal developments affecting both national and international spheres. This episode commences with a significant update on the U.S. housing market, highlighting an impending shift that promises more flexibility and potential cost savings for homebuyers, stemming from a major lawsuit reshaping the real estate industry. Wright then delves into the concerning issue of automobiles collecting data on their owners, affecting auto insurance rates, providing insights into the phenomenon of digital exhaust and offering practical advice for concerned car owners. The global perspective widens as the report navigates through strategic updates from Fiji, the Maldives, and Okinawa, Japan, shedding light on the ongoing geopolitical contests in the Pacific and Indian Oceans. Concluding with a listener's inquiry, Wright addresses the rumors surrounding Former President Donald Trump's alleged authorization of covert operations against Beijing, evaluating their potential effectiveness and implications.

Transcript

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0:00.0

It's March 19th. I'm Brian Dean Wright, former CIA Operations Officer, gentlemen welcome to the right report your daily news

0:20.4

podcast I've got three briefs for you this morning that are shaping America and the world.

0:27.4

First, purchasing a home in the U.S. is about to change.

0:30.8

A massive lawsuit is forced the real estate industry to offer you more

0:34.6

flexibility and likely save you thousands of dollars. I'll tell you when the

0:38.4

changes are likely to start. Second, if your auto insurance recently went up, you might be able to blame your car because it's spying on you.

0:46.5

I've got an update on a previous brief about your digital exhaust, plus five ways to fight back. Third, we travel to three islands this morning to Fiji, the Maldives, and Okinawa in Japan

0:59.0

for updates on our battles for the Pacific and Indian Oceans.

1:03.0

Later, a listener question today about former President Donald Trump, who allegedly

1:07.6

authorized a covert action operation called propaganda against Beijing. We will talk about whether or not those operations will

1:15.3

likely work. But first, let's get to our top stories of the morning. The US

1:21.5

real estate industry is facing some big changes in the weeks ahead

1:25.0

with likely bad news for realtors and brokers, but good news for most consumers.

1:30.0

So here's why.

1:32.0

The National Association of Realtors reached a nationwide settlement

1:35.0

on Friday regarding claims that its industry conspired to keep commissions

1:39.2

artificially high for decades for realtors. As listeners are likely aware, agents in the real estate transactions in this

1:46.6

country generally collect about 6% or so the sale price of a home as payment for their services.

1:53.0

But back in October, a Kansas City jury found that the commission structure that they have or enjoy was in violation of antitrust laws.

2:01.0

They awarded the plaintiffs in the case $1.8 billion for it. A separate

2:06.4

class action lawsuit in Chicago could have increased those damages north of $40 billion more, but no longer.

2:14.1

With his proposed settlement, the cases and the penalties

...

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