4 • 4K Ratings
🗓️ 15 March 2024
⏱️ 15 minutes
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0:00.0 | Did you know you can listen to this show ad free on Amazon Music included with your Prime membership? |
0:06.0 | To start listening, download the Amazon Music App for free and catch up on the latest episodes without the ads. |
0:12.8 | A nationwide settlement could change how Americans buy and sell homes. |
0:20.8 | And can Biden and Trump appeal to America's most disillusioned voters, Gen Z? |
0:26.4 | Democrats, in particular, and Republicans need to engage these voters. |
0:30.9 | They need to make sure they turn out because this election is |
0:34.6 | going to be very tight. Plus Georgia prosecutor Fawny Willis can stay on the |
0:39.9 | election interference case against former President Donald Trump now that her deputy has resigned. |
0:45.3 | It's Friday, March 15th. |
0:47.0 | I'm Anne Marie Fertoli for the Wall Street Journal. |
0:49.4 | This is the PM edition of What's News, |
0:51.7 | the top headlines and business stories that moved the world today? |
0:57.0 | If you're looking to buy or sell a home, this story is for you. A groundbreaking settlement announced |
1:05.0 | today could drive down realtor commission rates and force thousands of real estate agents |
1:09.5 | out of the industry. The National Association of Realtors has settled claims that the industry |
1:14.2 | conspired to keep Agent Commissions high. In the US that Commission is |
1:18.3 | typically 5 to 6 percent of the purchase price, among the highest in the world. |
1:22.3 | If approved by a federal court, the |
1:24.6 | $418 million agreement changes a couple of things. Sellers who typically pay a buyer's |
1:30.4 | agent now don't have to include in their home listing how much they'll pay. |
1:33.9 | And buyers will now sign agreements with real estate agents on how much to pay them. |
1:38.5 | These would be the biggest changes to how Americans buy and sell homes in decades, and it could mean big savings for both |
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