Want to create an interactive transcript for this episode?
Podcast: The Daily
Episode: The Bombshell Case That Will Transform the Housing Market
Description: For decades, an invisible hand has been guiding and controlling the American real estate industry, dictating how much buyers and sellers pay to their agents and how homes are sold. A few days ago, after a stunning legal settlement, that control — wielded by the National Association of Realtors — collapsed.Debra Kamin, who reports about real estate desk for The Times, explains how the far-reaching change could drive down housing costs.Guest: Debra Kamin, a reporter on real estate for The New York Times.Background reading: The National Association of Realtors agreed to a lan...