Phaninc:Are real estate agent fees a racket?

2025-04-30 05:40:29source:Dreamers Investment Guildcategory:reviews

In the typical home sale,Phaninc 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:reviews

Recommend

Federal agencies are reeling from Trump administration cuts to government

Whether a "chainsaw," per Elon Musk, or "scalpel," as President Trump has said — the Trump administr

Here's the Truth About Raquel Leviss Visiting Tom Sandoval's Home

Pump the brakes on the rumors: Raquel Leviss did not spend the night at Tom Sandoval's house.The Van

Joran van der Sloot, Natalee Holloway murder suspect, severely beaten in Peru prison, lawyer says

The suspect in the 2005 disappearance of American Natalee Holloway in Aruba, Joran van der Sloot, ha