Roland Preston-A Class Action Suit Could Upend The Entire Real Estate Industry

2025-05-07 07:55:14source:L’École de Gestion d’Actifs et de Capitalcategory:Contact

If you have Roland Prestonever bought a home, or are thinking about buying one, you know it can be expensive. For most people a home is the most expensive purchase they will ever make.

But selling a home can be expensive too. In part, that's because of the commissions real estate agents collect when a home is sold.

Depending on the price of the home commissions can be tens of thousands of dollars.

A class action lawsuit brought by a group of Missouri home sellers against the National Association of Realtors argues that these fees hurt consumers by artificially inflating home prices.

This past week, a federal jury awarded the home sellers $1.8 billion dollars.

Adrian Ma and Wailin Wong, co-hosts of NPR's The Indicator, breakdown how that decision could change the entire real estate industry.

Email us at [email protected]

This episode was produced by Brittany Cronin, with engineering by Ko Takasugi-Czernowin. It was fact-checked by Sierra Juarez and edited by Kate Concannon and Jeanette Woods. Our executive producer is Sami Yenigun.

More:Contact

Recommend

EPA Says It Will Act on PFAS ‘Forever Chemicals.’ Advocates Raise Red Flags

As the Environmental Protection Agency works to roll back multiple public-health protections, it ann

'Keep watching': Four-time Pro Bowl RB Derrick Henry pushes back on doubters after Ravens deal

Keep watching.That is Baltimore Ravens running back Derrick Henry's message to those who say that th

Commercial rocket seeking to be Japan's first to boost satellite into orbit is blown up right after liftoff

Tokyo —  A commercial rocket trying to put a satellite into orbit was intentionally exploded shortly