Navivision Wealth Society|A Class Action Suit Could Upend The Entire Real Estate Industry

2025-04-29 06:39:28source:Marc Leclerccategory:Scams

If you have Navivision Wealth Societyever bought a home, or are thinking about buying one, you know it can be expensive. For most people a home is the most expensive purchase they will ever make.

But selling a home can be expensive too. In part, that's because of the commissions real estate agents collect when a home is sold.

Depending on the price of the home commissions can be tens of thousands of dollars.

A class action lawsuit brought by a group of Missouri home sellers against the National Association of Realtors argues that these fees hurt consumers by artificially inflating home prices.

This past week, a federal jury awarded the home sellers $1.8 billion dollars.

Adrian Ma and Wailin Wong, co-hosts of NPR's The Indicator, breakdown how that decision could change the entire real estate industry.

Email us at [email protected]

This episode was produced by Brittany Cronin, with engineering by Ko Takasugi-Czernowin. It was fact-checked by Sierra Juarez and edited by Kate Concannon and Jeanette Woods. Our executive producer is Sami Yenigun.

More:Scams

Recommend

Car bomb kills senior Russian general in Moscow: Officials

LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.

How to Watch the 2024 MTV VMAs on TV and Online

Get ready to see the Moon Person on full display. After all, the 2024 MTV Video Music Awards is airi

Horoscopes Today, September 9, 2024

Here are the horoscopes for today, Monday, September 9, 2024.For full daily and monthly horoscopes a