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Squawk Pod

Realtor Commissions, Epic Gaming, & Crypto for Politicians 08/16/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 16 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Real estate agent commission rules change on Saturday, after the National Association of Realtors’ landmark $418m settlement in March. CNBC’s Diana Olick explains the shift underway for the real estate industry, and Re/Max President Amy Lessinger discusses the contracts and negotiations worked into every property transaction before and after this change. In DC, CNBC’s Emily Wilkins reports on the crypto community’s support for Vice President Harris in her Presidential bid. In the EU, Epic Games is launching a new store on mobile devices in direct competition with Apple’s App Store. CNBC’s Steve Kovach explains the power play between the two companies and the legal case to protect consumers, both in Europe and in the U.S. Paramount Global has a new suitor (again); in the latest chapter of the company’s messy merger, media executive Edgar Bronfman is readying a bid. Plus, the FDA may make a regulatory move on sodium, and former President Trump has released his latest financial disclosure, revealing crypto holdings and a branded Bible-driven income. Amy Lessinger - 14:57 Emily Wilkins - 22:10 Steve Kovach - 26:30 In this episode: Diana Olick, @DianaOlick Emily Wilkins, @emrwilkins Melissa Lee, @melissaleecnbc Steve Liesman, @steveliesman Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in Show Music Please.

0:03.0

Hi, I'm the NBC producer Katie Kramer.

0:07.0

Today, on Squack Pot.

0:09.0

A Shake Up Coming to compensation for your real term.

0:13.4

Remax President Amy Lessinger on tomorrow's

0:16.4

new rules of the road for real estate.

0:18.4

The prices are negotiable as are commissions

0:21.2

between buyers and sellers.

0:22.8

Market prices determined by supply and demand.

0:26.3

And this story went on for about what, five years and then it was sold and now it's back

0:30.9

in the news.

0:31.9

Can it be over?

0:32.8

Another paramount bidder. This time Edgar Bronfman, the media executive, is getting involved

0:38.0

in this very messy merger.

0:41.2

Plus the other big headlines, crypto support for Kamala Harris, and in the volatile

0:46.1

worlds of global tech regulation, a big move for upstart epic games.

0:51.2

If you ask Apple, this is a privacy nightmare and a virus nightmare. If he

0:55.0

has the EU, it's going to unleash a wave of innovation on the iPhone.

1:00.3

It's Friday. Finally, August 16, 2024, Squack Pod begins right now.

1:06.0

Stand under by in three, two, one, Hugh Andrew.

1:10.0

Good morning. Welcome to Squack Box right here on C and B. Andrew policeman. Joe and Becky are off today on this Friday morning, former President Donald Trump releasing

1:25.5

a personal financial disclosure form yesterday is required by federal election laws.

...

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