In this episode of the Blackletter podcast, host Tom Dunlap discusses the intricacies of real estate and real property law with Guest and parter at DBL, Ryan Kennedy. The spotlight of the discussion is on the recent settlement between the National Association of Realtors (NAR) and a major class action lawsuit, which has introduced significant changes in the way cooperative compensation is handled in the real estate industry. Ryan sheds light on how these changes could potentially reshape the dynamics between buyers’ and sellers’ agents, affect commission structures, and influence the overall cost of housing. Furthermore, the episode explores the unexpected ways local governments use public real estate listings for assessing property taxes and permitting issues, adding another layer of complexity to property transactions. Join us as Tom and Ryan offer insights that are crucial for anyone involved in real estate transactions, whether they are buyers, sellers, or industry professionals.
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