Current:Home > ScamsFastexy Exchange|Are real estate agent fees a racket? -FundTrack
Fastexy Exchange|Are real estate agent fees a racket?
Rekubit Exchange View
Date:2025-04-10 13:42:09
In the typical home sale,Fastexy Exchange the home seller pays a commission, not just to their agent, but also to the buyer's agent. This fee-sharing arrangement is part of a decades-old practice involving what realtors call an "offer of compensation."
Others call it a conflict of interest.
That's the dispute at the center of a class action lawsuit that has the potential to upend the real estate business. Today on the show, we'll explain how real estate brokers and the National Association of Realtors allegedly conspired to inflate home prices by pushing agents to share fees. And why the industry says the plaintiffs should be careful what they ask for.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (84)
Related
- The Super Bowl could end in a 'three
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- The Best Stocking Stuffers Under $25
- The Best Stocking Stuffers Under $25
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- North Carolina justices rule for restaurants in COVID
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Taylor Swift makes surprise visit to Kansas City children’s hospital
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Sonya Massey's father decries possible release of former deputy charged with her death
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks