The End of Real Estate Commissions? The NAR Lawsuit Settlement Effects

Share Your Thoughts!NAR settled on their Sitzer/Burnett class action Lawsuit. What are the effects that removing the standard 6% commission for real estate agents? In this episode, we discuss the possible outcomes and how it may spark change and innovation in the real estate market. Is the 6% commission still justifiable with Artificial intelligence (AI) and other technology? Will sellers still offer seller-paid commissions? We discuss how real estate agents may be able to leverage technology to help keep costs down. Mentioned in this episode:Details on class action lawsuitPrevious Episode Discussing lawsuitSupport the showSign Up for the MoneyChisme & Raíces NewsletterResources:Start Investing with M1Finance or FidelityFinance Books to Start Your JourneyOpen a High Yields AccountSupport/Apoya MoneyChismeDisclaimer: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.*Affiliate links: I may earn a small commission when you click on the links at no additional cost to you. This helps me provide you with free content, like this podcast! You can read my full disclaimer here: MoneyChisme Affiliate Links and Paid Advertisers Disclosure.