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The Housing Market Has New Rules. Realtors Are Evading Them.
Published 1 year ago
Description
Last year, a historic legal settlement resulted in sweeping rule changes that were supposed to lower the price of buying and selling a home across the country.But those changes would cost real-estate agents money, and so those agents, it turns out, have found ways around the new rules.Debra Kamin, who reports on real estate, explains how they did it.Guest: Debra Kamin, a reporter for the real estate section of The New York Times.Background reading:
- Home sellers and buyers have accused real-estate agents of blocking lower fees.
- The rule change was the result of a legal settlement last year by the National Association of Realtors.