The Big NAR DOJ Settlement Cage Match Megathread

Good morning everybody! By request I am putting up this megathread and locking the million posts about What Does This Mean. I will also be attempting to shut new ones down as they occur. You can be a good Reddit citizen by commenting to please come here and then reporting the post so it doesn’t escape mod attention.

I know this is a cage match but there are a couple of ground rules:

• Nobody benefits from hate here. You can keep your “ha ha now all the agents will go out of business and good riddance” comment. We’ve all heard it before. Don’t get me wrong, I support a solution that would result in at least half of agents sending their licenses back to the state. But many of us remember “ha ha Zillow will put agents out of business” and “ha ha eBay will put agents out of business” and “ha ha Redfin will put agents out of business.” Spoiler alert, didn’t happen.
• That also means no name calling. Yeah yeah we know you think that other user is a braindead idiot. You can say you think they are wrong without saying it out loud. One of the mods has a habit of taking down all posts between two people who bait and get nasty with one another, and one of us really loves the ban-hammer.
• No political crap. The President does not control housing prices. Stop it.
• Personally, I love when someone actually has sources to back up their opinions. Here, I’ll get things started! The first two segments are about real estate and the settlement.

Have fun and play nice.