Are we in store for another agent commission lawsuit battle? Why are home sales spiking right after the election? And guess what…it’s not investors buying up all the houses this time. We’re getting into the biggest housing market news in today’s headlines episode! Plus, we’re sharing exactly what you need to do TODAY to still get real estate deals done, even with high interest rates and higher home prices.
Home tours are surging after the election as potential homebuyers breathe a sigh of relief knowing that 24/7 election coverage has finally ceased. But it’s not the investors who are coming back to buy the houses. Investor purchase numbers are falling, so why are landlords sitting on the sidelines this time?
And say it ain’t so…another real estate agent commission lawsuit could be on the way as the Department of Justice finds faults in the NAR settlement. What does this mean for agents, brokers, and realtors? Will an easily browsable listing site like Zillow take over in place of real-life realtors? Some worry a Zillow “monopoly” could be forming. We’re sharing what we think in this episode.
Dave:
Our home sales. Finally on the rise, our agent commission’s going to change again. And what does declining trends in investor home purchases mean for you? That and more on today’s show. Hey everyone, it’s Dave. Welcome to On the Market, the Real Estate News and Economic Show where we like to have a little fun while keeping you informed. Today is our headline show, which means I am joined by my colleagues James Dainard and Kathy Fettke. Kathy, welcome. Good to see you.
James:
So good to see you,
Dave:
James. Good to see you as well.
James:
I’m excited to be here.
Dave:
So the way this works, if you haven’t watched this format before, is that each of the panelists, myself, James, and Kathy, each brought a headline that we think is particularly interesting or important for the greater real estate investing community to be paying attention to. And…