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The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

Update: 2024-08-191
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Digest

The podcast begins with a discussion about the start of the school year in the US, highlighting the difference in school start dates between the North and South. It then delves into a major change in the real estate industry, with a class action settlement impacting how real estate agents are compensated. The new model requires buyers to sign a written contract with an agent before viewing a house and allows for negotiation on commission fees. The podcast then analyzes the economic plans proposed by Kamala Harris and Donald Trump, focusing on Harris's plan to address basic needs, including a ban on grocery price gouging and increased housing supply. Trump echoes some of Harris's proposals while also criticizing her for copying his plan to end federal taxes on tips. The podcast continues with a discussion about the recent MPOX outbreak in the DRC and the role of Bavarian Nordic, a vaccine maker, in addressing the situation. The outbreak has led to a surge in the company's stock price as it seeks approval to extend the use of its vaccine to teenagers. The podcast then examines the ongoing battle between Epic Games and Apple over the App Store. Epic has launched its own app store in the EU, challenging Apple's monopoly. The podcast discusses the implications of this move and the potential impact on the app store market. The podcast features a segment called "Winners of the Weekend," where Neil and Toby highlight two things that are "crushing the game of life." Neil's winner is Northeastern University, which has become increasingly popular due to its co-op programs that provide students with real-world work experience. Toby's winner of the weekend is the song "Bye Bye Bye" by *NSYNC, which has experienced a resurgence in popularity thanks to its inclusion in the latest Deadpool movie. The podcast discusses the phenomenon of old songs gaining new life through their use in popular media. The podcast concludes with a rundown of upcoming events, including the Democratic National Convention in Chicago, the Jackson Hole Symposium for global economic officials, and the start of college football season.

Outlines

00:00:00
Real Estate and Economic Updates

This chapter discusses the changes in the real estate commission model, requiring buyers to sign a contract with an agent before viewing a house and allowing for negotiation on commission fees. It also analyzes the economic plans proposed by Kamala Harris and Donald Trump, focusing on addressing basic needs and ending federal taxes on tips.

00:11:32
MPOX Outbreak and App Store Battle

This chapter discusses the recent MPOX outbreak in the DRC and the role of Bavarian Nordic in addressing the situation. It also examines the ongoing battle between Epic Games and Apple over the App Store, highlighting Epic's launch of its own app store in the EU.

00:19:14
Winners of the Weekend and Upcoming Events

This chapter features a segment called "Winners of the Weekend," highlighting Northeastern University's co-op programs and the resurgence of *NSYNC's "Bye Bye Bye." It concludes with a rundown of upcoming events, including the Democratic National Convention in Chicago, the Jackson Hole Symposium, and the start of college football season.

Keywords

MPOX


MPOX, previously known as monkeypox, is a viral disease that can cause a range of symptoms, including fever, rash, and swollen lymph nodes. The recent outbreak in the DRC has raised concerns about the virus's potential to spread globally.

Bavarian Nordic


Bavarian Nordic is a Danish pharmaceutical company that specializes in vaccines and other treatments for infectious diseases. The company's vaccine for MPOX has become a key focus due to the recent outbreak in the DRC.

App Store Monopoly


Apple's App Store has been criticized for its dominance in the mobile app market, with concerns about its high commission fees and control over app distribution. Epic Games has challenged this monopoly by launching its own app store in the EU.

Co-op Programs


Co-op programs are educational initiatives that allow students to alternate their coursework with paid work experience. These programs are becoming increasingly popular as employers seek candidates with real-world skills.

Sync Licensing


Sync licensing is the process of obtaining permission to use a song or piece of music in a film, television show, or other media. This can be a lucrative opportunity for artists, as it can lead to increased exposure and revenue.

Real Estate Commission


The real estate commission model has undergone a significant change, requiring buyers to sign a written contract with an agent before viewing a house and allowing for negotiation on commission fees.

Presidential Economic Plans


The podcast analyzes the economic plans proposed by Kamala Harris and Donald Trump, focusing on addressing basic needs, including a ban on grocery price gouging and increased housing supply.

Northeastern University


Northeastern University has become increasingly popular due to its co-op programs that provide students with real-world work experience.

*NSYNC


The boy band *NSYNC has experienced a resurgence in popularity thanks to the inclusion of their song "Bye Bye Bye" in the latest Deadpool movie.

Q&A

  • What are the key changes to the real estate commission model in the US?

    The new model requires buyers to sign a written contract with an agent before viewing a house and allows for negotiation on commission fees, shifting power away from agents and towards buyers.

  • What are the main points of Kamala Harris's economic plan?

    Harris's plan focuses on addressing basic needs, including a ban on grocery price gouging, increased housing supply, and expanded support for families with children.

  • How has the recent MPOX outbreak impacted Bavarian Nordic?

    The outbreak has led to a surge in the company's stock price as it seeks approval to extend the use of its vaccine to teenagers, making it a key player in addressing the health crisis.

  • What is the significance of Epic Games launching its own app store in the EU?

    This move challenges Apple's monopoly on the App Store and could potentially lead to greater competition and lower fees for app developers.

  • What are the benefits of Northeastern University's co-op programs?

    These programs provide students with real-world work experience, making them more competitive in the job market and allowing them to graduate with valuable skills.

  • How has *NSYNC's "Bye Bye Bye" experienced a resurgence in popularity?

    The song has gained new life through its inclusion in the latest Deadpool movie, showcasing the power of sync licensing in reviving old songs.

Show Notes

Episode 390: Neal and Toby discuss the massive change to the real estate industry that shifts the dynamics of buyers and sellers. Then, both Harris and Trump campaigns are promoting their economic plans that are set to change the landscape of businesses across the country. Next, Mpox is on the rise which has the world growing concerns… Except for Danish pharmaceutical companies. Also, Epic Games is returning to iOS… But only in the EU. What happened in the ugly battle between the game company and Apple? Meanwhile, the big winners of the weekend: Northeastern University and *NSYNC. Lastly, the news happening this week to get your Monday started off right.


00:00 - Back to school

2:00 - Big change to Real Estate

7:10 - Presidential economic plans

11:30 - Mpox on the rise

15:00 - Epic Games in the EU

18:30 - Weekend winners: Northeastern & *NSYNC

24:30 - Week ahead


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The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

The Biggest Real Estate Rule Change in Decades & Presidential Candidates' Economic Plans

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