Housing is expensive, rates are high, but the cut-going agents might be going down.

Motleyful Money starts now.

I'm Dylan Lewis, and I'm joined over the airwaves by Motleyful Analyst, Austin Sharma.

Austin, thanks for joining me.

Dylan, thank you for having me.

Today, we've got two stories on the state of real estate.

Our first one, the National Association of Realtors and several real estate brokerages are

facing damages of nearly $2 billion after a jury ruled they conspired to keep commissions

high.

Asset, those damages could swell and could reach up to $5 billion, but the story to me

with this one is it seems like we may be approaching one of those industry cross-road

type moments in real estate.

It has that feeling, Dylan.

I wonder if the pressure on home buyers now with supply being short, interest rates being

so high is not part of the propellant of this movement to break apart like a

registrulture that's been here for a long time.

I've got some thoughts on this, but you broke down pretty well when we were preparing

for the show on the crux of the matter.

If you can explain that for members, I've got some thoughts on it.

Yes, so under NAR rule, a home seller is required to pay commissions to the agent representing

the buyer, which sellers in this case have claimed force them to pay excessive fees.

Those commissions are generally set with NAR, and there's consistency across NAR members,

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