Will Two National Lawsuits Get Rid of Buyer Agents Forever?

Inspector Toolbelt Talk

Are buyer agents going away? Some think so, and some not. In this episode, we navigate the intricate maze of the antitrust lawsuits filed against the National Association of Realtors. In this journey, we promise you'll come away with a comprehensive understanding of the complexities of these lawsuits and their potential ripple effects on the real estate industry. Part of our discussion will reveal the controversies surrounding the buyer's agent commission and its lack of disclosure to sellers, all within the context of the Sherman Antitrust Act.
As the plot thickens, we'll ponder the emerging trend of buyers taking the home search into their own hands. Could this signal a significant shift in commissions from the seller's agent to the buyer's agent, or even the phasing out of the buyer's agent entirely? We'll dissect the necessary changes this would impose on the Multiple Listing Service (MLS), and how this could shake up the market. Pulling the curtain back further, we'll debate the merits and drawbacks of employing an attorney who charges a flat fee. So, ready to unlock the mysteries of these landmark lawsuits and their potential implications for the home inspection estate industry? Then listen in!

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*The views and opinions expressed in this podcast, and the guests on it, do not necessarily reflect the views and opinions of Inspector Toolbelt and its associates.

Chapters

1. Lawsuit Against Realtors for Antitrust (00:00:00)

2. Buyers' Agents and Real Estate Industry (00:14:45)

3. Buyer's Agents and Potential Industry Changes (00:25:49)