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On Point with Meghna Chakrabarti

This attorney's ideas could change how you buy and sell your home

On Point with Meghna Chakrabarti

WBUR

Talk Show, News, On Point, Daily, Npr

4.33.9K Ratings

🗓️ 28 March 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

The National Association of Realtors agreed to pay a $418 million settlement and change the way members charge commission. A federal jury ruled last year that the NAR conspired to inflate housing market costs. What could that mean for the way homes are bought and sold in the U.S.?

About:

On Point is WBUR’s award-winning, daily public radio show and podcast. Every weekday, host Meghna Chakrabarti leads provocative conversations that help make sense of the world.

Transcript

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0:00.0

This episode is brought to you by Krakhan.

0:03.0

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0:23.0

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0:25.6

This is a high risk investment and you should not expect to be protected if something goes wrong.

0:29.6

Join Capital Group CEO Mike Gittlin for a new edition of the Capital Ideas Podcast.

0:36.0

In unscripted conversations with investment professionals, you'll hear real stories about successes and lessons learned,

0:43.2

informed by decades of investment experience.

0:46.4

It's your look inside one of the world's largest asset managers.

0:49.9

New episodes are available monthly.

0:52.0

Subscribe wherever you get your podcasts.

0:54.3

Invest 30 minutes in an episode today.

0:57.0

Published by American Funds Distributors, Inc.

1:00.9

This is on point.

1:02.0

I'm Meagna Chakrabardi. This month, the National Association of Realtors agreed to pay a

1:08.0

418 million dollar settlement and change its rules on commissions earned in housing sales.

1:17.0

Those rules have defined the industry for decades.

1:20.9

It was a culmination of a verdict handed down last fall when a federal jury ruled that realtors have been

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