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I continue to hear smart people say the NAR settlement is going to reduce residential real estate commissions. They are all dead wrong. Discount brokerages have been around for a long time. People are acting like this settlement all of a sudden gives discount brokerages…
Interesting discussion on the residential real estate "portal wars" Discusses the recent NAR settlement and Zillow and Costar $Z $CSGP https://t.co/MxPo8m4FK9
Logan Mohtashami on the economics of the NAR lawsuit settlements https://t.co/iEzRtvVmHT via @YouTube
Redfin's CEO, Glenn Kelman, reports a surge in calls from people inquiring about home listings and potential deals, with listing fees as low as 1%. Speculation arises on whether the DOJ vs. NAR lawsuit will put an end to double dipping. The NAR settlement and its impact on real estate commissions are topics of ongoing discussions.