The Housing Market Has New Rules. Realtors Are Evading Them.

The Housing Market Has New Rules. Realtors Are Evading Them.

Last year, a historic legal settlement resulted in sweeping rule changes that were supposed to lower the price of buying and selling a home across the country. But those changes would cost real-estate agents money, and so those agents, it turns out, have
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Last year, a historic legal settlement resulted in sweeping rule
changes that were supposed to lower the price of buying and
selling a home across the country.


But those changes would cost real-estate agents money, and so
those agents, it turns out, have found ways around the new rules.


Debra Kamin, who reports on real estate, explains how they did
it.


Guest: Debra Kamin, a reporter for the real
estate section of The New York Times.


Background reading: 


Home sellers and buyers have accused real-estate agents of
blocking lower fees.

The rule change was the result of a legal settlement last
year by the National Association of Realtors.



For more information on today’s episode,
visit nytimes.com/thedaily. Transcripts of
each episode will be made available by the next workday. 


Photo: Jamie Kelter Davis for The New York Times


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