How will the legal settlement by the National Association of Realtors affect real estate investing?

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Business:investing, Education, Entrepreneurship, How To, Investing, Business

4.8 • 953 Ratings

🗓️ 12 November 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Click Here for the Show Notes ---------------------------------------------------------------------------------------------------------------- Summary In this episode of Ask Marco, Marco Santarelli discusses the recent legal actions against the National Association of Realtors (NAR) and their potential impact on the real estate market. He addresses a listener's question about how these changes might affect landlords and real estate investors, particularly in relation to commission structures and transaction costs. Marco emphasizes that while there may be some changes in how commissions are handled, the overall impact on real estate investing may not be as significant as some might hope. He concludes by encouraging listeners to stay informed and engaged in the evolving real estate landscape. ---------------------------------------------------------------------------------------------------------------- Timestamp 00:00 Introduction to the Episode 01:24 Understanding the NAR Lawsuit 03:40 Impact of Commission Changes on Real Estate 10:32 Future of Real Estate Transactions 12:28 Conclusion and Final Thoughts ---------------------------------------------------------------------------------------------------------------- Takeaways Changes in commission structures may lead to lower transaction costs. Buyers may start paying their agents directly, increasing transparency. The settlement could enhance affordability for first-time buyers. There may be a shift in buyer-seller dynamics due to commission changes. Real estate investors may not see dramatic impacts in the short term. The housing market may become more competitive and flexible. The legal settlement was seen as long overdue by many in the industry. The demand for rental properties remains high despite potential changes. Overall, minor changes are expected in the real estate industry. ---------------------------------------------------------------------------------------------------------------- Easy, stress-free, and personalized business formation for clever people with big ideas. Get your FREE LLC up and running fast and hassle-free ---------------------------------------------------------------------------------------------------------------- If you missed our last episode, be sure to listen to TBT: 10 Good Reasons to Invest in New Construction Properties Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed ---------------------------------------------------------------------------------------------------------------- Check Out These Links Norada Real Estate Investments Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties #NoradaRealEstateInvestments #NoradaCapitalManagement

Transcript

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0:00.0	Welcome to Passive Real Estate Investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term. And now, here's your host, Marco Santorelli.
0:12.8	Hello, my friends. Welcome to another episode of Ask Marco on the Passive Real Estate Investing show. I'm glad you're here today with me. I went digging in my folder of
0:22.6	Ask Marco questions. There's a bunch of them. I don't know how to keep up with some of these.
0:28.9	But anyway, I'm glad you're writing in and I appreciate it. I do reply to some of them personally.
0:33.3	And I just pick and choose one, two, three for these Ask Marco episodes from time to time.
0:38.3	So today I went and picked one that was a little kind of interesting, but definitely a pertinent
0:45.0	question and possibly one that's on many people's minds.
0:48.6	But I'm going to guess that a lot of people don't even know what has been going on with
0:52.9	some of the legal actions that have been put
0:56.5	up against the National Association of Realtors, NAR, as it's known as an acronym.
1:01.8	So Sylvia wrote in with an interesting question, and I definitely want to read that out and
1:07.6	then address it. I've got a couple of thoughts about it. And I don't know if it's
1:11.5	going to impact you directly or indirectly or even in the short term. But before I read the question,
1:16.9	or at least her email to me that she submitted at passive real estate investing.com by clicking on
1:22.7	Ask Marco. I just want to remind everybody to subscribe if you haven't done so. I know we have a lot of
1:27.4	new listeners each and every month and each and every week.
1:30.9	And we are now, and have been for quite a while, one of the top real estate investing podcasts
1:35.6	globally, certainly in the United States, and definitely rank in the top 0.05% on iTunes.
1:43.7	So that is outstanding and it has a lot to do with you. I appreciate you guys listening,
1:49.5	providing feedback, comments, questions, ratings, reviews, all that stuff. It's all very,
1:56.1	very positive. So I appreciate it. All right. Well, having said that, Sylvia writes in, she says,
2:00.8	Hi, Marko, I love your podcast. I've been listening for the past few years, and I really appreciate
	...

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