RERL-1777 – Will Real Estate Brokerage Industry Survive Antitrust Litigation?
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Description
Despite the recent ups and downs we’ve seen in the market, sellers around the US have been happy with their transactions over the last 10 years; but have they gotten the short end of the stick? The National Association of Realtors and a few major brokers have been found guilty of inflating their commissions in Missouri, Kansas, and Illinois. Though this only pertains to a few states for now, the rest of the US will likely follow and potentially bankrupt the whole industry or force mass consolidation. Today Joe Cucchiara and Jack Russo look at the significant blow the NAR just took and how things like automation and blockchain technology will further disrupt the industry.     To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.
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