Marketplace artwork

Who pays real estate agents?

Marketplace

English - March 18, 2024 23:31 - 28 minutes - 11.8 MB - ★★★★★ - 7.7K ratings
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Previous Episode: A labor market paradox
Next Episode: Food, glorious food!

To buy a house, you’ll probably need a real estate agent. Traditionally, sellers pay both agents a commission, a cost baked into the buyer’s closing fees. But a lawsuit settlement last week means buyers could start paying their agents directly or on an hourly basis. Also in this episode: global central banks meet this week, new tech may help bring down methane emissions, and avian flu is killing chickens across California.