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#1: The Changing Landscape of Real Estate Commissions
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In this episode of The R.E.A.L. (Real Estate and Life) Podcast, hosts Dawn and Erik Olson dive into the recent uproar in the real estate industry regarding lawsuits against the National Association of Realtors and several major real estate companies. Dawn breaks down the history of commission structures and explains the implications of a significant class action lawsuit that began in 2019. They discuss how this lawsuit and the Department of Justice's involvement are poised to change the way commissions are handled, potentially impacting both buyers and sellers starting in July 2024. Erik offers his unique perspective on the evolving market, and together they debunk some of the myths and sensationalized media coverage surrounding this hot topic. Whether you're a seasoned homeowner or a first-time buyer, this episode will provide valuable insights and a few laughs as Dawn and Erik navigate the roller coaster of the real estate world. Tune in for some real talk and get ready for eye-opening moments about the future of real estate commissions.
Contact Dawn Olson today to help you buy or sell your next home!
Website: https://www.homesbydawnolson.net/
Email: dawn.olson@cbrealty.com
Phone: 815.735.9594
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