Debra Kamin

My number one piece of advice is to understand... Even if you're told you cannot negotiate on commissions, you can negotiate on commissions. And if the agent doesn't want to, you have the right to go find another agent. You also absolutely have the right to know what you are paying for and to ask the questions, okay, you're going to charge me this much money. What are you doing for that money?

My number one piece of advice is to understand... Even if you're told you cannot negotiate on commissions, you can negotiate on commissions. And if the agent doesn't want to, you have the right to go find another agent. You also absolutely have the right to know what you are paying for and to ask the questions, okay, you're going to charge me this much money. What are you doing for that money?

Just like you would with any other transaction.

Just like you would with any other transaction.

Since August of last year, correct.

Since August of last year, correct.

Michael, I asked this question to the lawyer who brought the case that resulted in the settlement and won it. His name is Michael Kachmar. And what he said to me was pretty interesting. He said, you know, Blockbuster Video, when movies started streaming— Okay, now you're really taking us back. Yes, I am. Back to the 90s.

Michael, I asked this question to the lawyer who brought the case that resulted in the settlement and won it. His name is Michael Kachmar. And what he said to me was pretty interesting. He said, you know, Blockbuster Video, when movies started streaming— Okay, now you're really taking us back. Yes, I am. Back to the 90s.

But Blockbuster did not shut down all of its stores the minute things started streaming. It took time.

But Blockbuster did not shut down all of its stores the minute things started streaming. It took time.

Yeah. It was a great transformation, just like he believed this will be a great transformation, too. But these things do not happen overnight. We're talking about an industry that has been ruled by a group, NAR, for over 100 years. And only very recently have people started challenging the way things are done. So the people that I've spoken to in my reporting believe, yes, it is going to change.

Yeah. It was a great transformation, just like he believed this will be a great transformation, too. But these things do not happen overnight. We're talking about an industry that has been ruled by a group, NAR, for over 100 years. And only very recently have people started challenging the way things are done. So the people that I've spoken to in my reporting believe, yes, it is going to change.

But it's going to take real time before those changes are clear and obvious and buyers and sellers feel the effects.

But it's going to take real time before those changes are clear and obvious and buyers and sellers feel the effects.

Well, Michael. Thank you very much. My pleasure, as always.

Well, Michael. Thank you very much. My pleasure, as always.