NAR Lawsuit: Impact on Agents, Lenders & Home Sellers

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In our earlier NAR lawsuit video, we broke down the general overview and potential effects it may have on buyers. In this 2nd part, we dive a little deeper into how it affects agents, lenders and sellers! Thanks for watching! Please subscribe and share if you haven't already!
Brad Reynolds
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[@aaronmosesmusic]

Amazing education here

[@DougTrovinger]

I would recommend a series or a video for FHA/first-time homebuyers. I know that may not be your area of expertise but something helpful as to how they navigate things and can get an equally fair opportunity in the marketplace.

[@thinkbrad]

I’ve got a few videos on it! Scroll back and you will see. Plus more coming.

[@charleswr8359]

RE agents claimed thus far 5% to 6% of the homeowner's wealth, many times over because each and every home is sold many times.
RE agents do not have to attend college paying expensive tuition.
RE agents do not have to get special education like lawyers and doctors do to be able to charge clients tens of thousands dollars. If you sell a few homes, you could have earned as much as doctors or lawyers do. Yet you do not have to learn special skills paying expensive tuition.
In UK, RE agents claim less than 2% for each home sold.
In USA, RE agents claimed 5%-6% for each home sold. They did not add a single $ to the value. They just matched a buyer to the seller.
Homes are the greatest valued asset for most Americans. 5 to 6% of that asset was owned by the RE agents.

[@thinkbrad]

Charles, please provide some more context. It would be appreciated.