Welcome to "Millennial's Choice: Real Estate, Finance & Entrepreneurship" with hosts Matthew and Danny Ablakan. In this riveting episode, we dissect the seismic impact of a $1.8 billion lawsuit on real estate commissions. Dive into the controversial practice of buyer agents steering clients based on commissions and explore industry disruption through buyer commissions. Mandatory insurance sparks concerns while rising taxes and expenses become burdensome. Questioning our generational indoctrination, we ponder whether to collapse the system or empower the people. Join us for a thought-provoking exploration of real estate, finance, and entrepreneurship that challenges conventional norms.
TIMESTAMPS
00:00:00 Introduction
00:03:30 Real estate commissions may be impacted by a $1.8 billion lawsuit.
00:11:34 Buyer agents may steer clients away from properties with lower commissions.
00:15:41 Disrupting industry through buyer commissions.
00:28:11 Mandatory insurance raises concerns.
00:39:25 Rising taxes and expenses are burdensome.
00:47:08 Our generation is indoctrinated.
00:54:17 Collapse the system or the people.
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