Esthen Exchange-Are real estate agent fees a racket?

2025-04-29 09:09:26source:Greenledgers Trading Centercategory:Stocks

In the typical home sale,Esthen 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.

More:Stocks

Recommend

Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say

Pilots at Southwest Airlines can sock away more for retirement, thanks to a new retirement plan bene

Henry Winkler and Ron Howard stage 'Happy Days' reunion at Emmys for 50th anniversary

Emmys Sunday, Monday, "Happy Days"!Ron Howard and Henry Winkler staged a "Happy Days" reunion at the

32 things we learned in NFL Week 2: Saints among biggest early-season surprises

The 32 things we learned from Week 2 of the 2024 NFL season:1. The jersey number of Miami Dolphins Q