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cover of episode The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

2024/8/19
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Morning Brew Daily

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A class action settlement with the National Association of Realtors has introduced significant changes to the home buying process in the US. Buyers now have more control over agent compensation, potentially leading to lower commissions and increased transparency. While this shift aims to empower buyers and improve affordability, its impact on home prices remains uncertain, with mortgage rates playing a more significant role.
  • Buyers must now sign a written contract with an agent before house viewings.
  • Agent compensation is now negotiable, potentially lowering commissions.
  • The change aims to empower buyers and improve transparency.
  • Impact on housing affordability is uncertain, with mortgage rates being a bigger factor.

Shownotes Transcript

Episode 390: Neal and Toby discuss the massive change to the real estate industry that shifts the dynamics of buyers and sellers. Then, both Harris and Trump campaigns are promoting their economic plans that are set to change the landscape of businesses across the country. Next, Mpox is on the rise which has the world growing concerns… Except for Danish pharmaceutical companies. Also, Epic Games is returning to iOS… But only in the EU. What happened in the ugly battle between the game company and Apple? Meanwhile, the big winners of the weekend: Northeastern University and *NSYNC. Lastly, the news happening this week to get your Monday started off right.

00:00 - Back to school

2:00 - Big change to Real Estate

7:10 - Presidential economic plans

11:30 - Mpox on the rise

15:00 - Epic Games in the EU

18:30 - Weekend winners: Northeastern & *NSYNC

24:30 - Week ahead

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