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In this episode, Eric Forney and Greg Fowler discuss the NAR settlement agreement and its potential impact on the real estate industry. Eric expresses his concerns about the agreement, particularly its effect on home buyers, especially first-time buyers and low-income individuals. He highlights the challenges of the new compensation structure for real estate agents and the potential discrimination that may arise. They emphasize the importance of homeownership and property rights in a democracy and argues that the settlement agreement may hinder access to housing and wealth-building opportunities. Eric discusses the potential harm to consumers and the fallout in the industry.
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In this episode, Eric Forney and Greg Fowler discuss the NAR settlement agreement and its potential impact on the real estate industry. Eric expresses his concerns about the agreement, particularly its effect on home buyers, especially first-time buyers and low-income individuals. He highlights the challenges of the new compensation structure for real estate agents and the potential discrimination that may arise. They emphasize the importance of homeownership and property rights in a democracy and argues that the settlement agreement may hinder access to housing and wealth-building opportunities. Eric discusses the potential harm to consumers and the fallout in the industry.