Home Sales Rise, Investor Purchases Shrink, and ANOTHER Commission Lawsuit!?
Description
Are we in store for another agent commission lawsuit battle? Why are home sales spiking right after the election? And guess what…it’s not investors buying up all the houses this time. We’re getting into the biggest housing market news in today’s headlines episode! Plus, we’re sharing exactly what you need to do TODAY to still get real estate deals done, even with high interest rates and higher home prices.
Home tours are surging after the election as potential homebuyers breathe a sigh of relief knowing that 24/7 election coverage has finally ceased. But it’s not the investors who are coming back to buy the houses. Investor purchase numbers are falling, so why are landlords sitting on the sidelines this time?
And say it ain’t so…another real estate agent commission lawsuit could be on the way as the Department of Justice finds faults in the NAR settlement. What does this mean for agents, brokers, and realtors? Will an easily browsable listing site like Zillow take over in place of real-life realtors? Some worry a Zillow “monopoly” could be forming. We’re sharing what we think in this episode.
In This Episode We Cover
Why home sales are starting to jump after the 2024 presidential election results
The future of agent commissions and whether they could be regulated even more
The Zillow “monopoly” that some worry will overtake the NAR (National Association of Realtors)
What’s causing investor purchases to shrink since the pandemic?
Where James and Kathy see investing opportunity in the 2025 housing market
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Find an Investor-Friendly Agent in Your Area
On The Market Podcast 201 - NAR Settles for $418M, Buying and Selling Homes Could Change Forever
Pending Home Sales Rise After Post-Election Surge in Home Tours
The battle against 6% broker fees isn’t over after a surprise 11th hour court filing
Zillow’s Takeover of the Real Estate Industry: The Path to Monopoly
Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
Grab Dave’s Newest Book, “Start with Strategy”
Jump to topic:
(00:00 ) Intro
(00:58 ) Post-Election Home Sales JUMP
(09:56 ) Another Agent Commission Lawsuit?
(18:07 ) The Zillow “Monopoly”
(21:44 ) Investor Sales Shrink
(34:10 ) Stick Around for This!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-275
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