1 00:00:00,440 --> 00:00:02,480 Speaker 1: Why don't you point seven? It's kiss fab. 2 00:00:02,560 --> 00:00:04,400 Speaker 2: I don't know if you noticed, when you buy a 3 00:00:04,400 --> 00:00:06,720 Speaker 2: concert ticket or you book a hotel room, they tack 4 00:00:06,800 --> 00:00:09,280 Speaker 2: on junk fees what they call them, right. 5 00:00:09,560 --> 00:00:12,360 Speaker 3: Yeah. You think you're getting a concert ticket for let's say, 6 00:00:12,400 --> 00:00:14,240 Speaker 3: like one hundred and twenty dollars, and then when you 7 00:00:14,280 --> 00:00:17,440 Speaker 3: go to check out, they tack on an extra forty 8 00:00:17,440 --> 00:00:19,400 Speaker 3: five dollars and you're like, wait, wait a minute, I 9 00:00:19,400 --> 00:00:20,680 Speaker 3: didn't want to spend this much. 10 00:00:21,200 --> 00:00:23,880 Speaker 2: I find that hotels tack on things that confuse me 11 00:00:24,040 --> 00:00:24,680 Speaker 2: all the time. 12 00:00:24,920 --> 00:00:29,000 Speaker 3: Yeah, the resort fees and this fee and then state 13 00:00:29,120 --> 00:00:31,040 Speaker 3: tax and then whatever the TAXI. 14 00:00:30,880 --> 00:00:32,559 Speaker 1: Was the fee that I had to pay for the room, right? 15 00:00:32,640 --> 00:00:35,080 Speaker 1: Why they together? Exactly? 16 00:00:35,320 --> 00:00:37,000 Speaker 2: Can we do that with our commercials? Do we like 17 00:00:37,080 --> 00:00:39,000 Speaker 2: charge a fee and then add a luxury fee for 18 00:00:39,040 --> 00:00:39,600 Speaker 2: the commercial? 19 00:00:40,240 --> 00:00:42,920 Speaker 1: No? Mark if you stalk to sales, right, I mean, 20 00:00:43,159 --> 00:00:44,160 Speaker 1: although these things are. 21 00:00:44,000 --> 00:00:46,879 Speaker 3: Going, don't wrap but wrap buzz into this. 22 00:00:47,040 --> 00:00:47,240 Speaker 1: No. 23 00:00:47,600 --> 00:00:50,760 Speaker 2: So a junk fee is not good, it's not cool, 24 00:00:51,040 --> 00:00:51,960 Speaker 2: it's not transparent. 25 00:00:53,159 --> 00:00:53,760 Speaker 1: So what's happening? 26 00:00:53,840 --> 00:00:56,600 Speaker 3: So Live Nation announced that it will provide customers with 27 00:00:56,880 --> 00:01:00,120 Speaker 3: up front all in pricing, meaning that meaning that the 28 00:01:00,200 --> 00:01:04,440 Speaker 3: actual purchase price, including service charges and any other fees 29 00:01:04,840 --> 00:01:07,240 Speaker 3: that they would try to usually add on at the end. 30 00:01:07,720 --> 00:01:09,960 Speaker 3: It's all going to be you're gonna see it when 31 00:01:09,959 --> 00:01:11,360 Speaker 3: you're buying the ticket. 32 00:01:11,560 --> 00:01:14,160 Speaker 2: So it's not that the price is changing, it's just 33 00:01:14,240 --> 00:01:16,440 Speaker 2: that you're gonna pay for what they tell you all 34 00:01:16,480 --> 00:01:18,320 Speaker 2: at once, and they'll have to add it all up 35 00:01:18,360 --> 00:01:20,000 Speaker 2: with a different fat calculation. 36 00:01:20,200 --> 00:01:24,240 Speaker 3: Ticket Master's already doing this. Airbnb has already rolled this out. 37 00:01:24,280 --> 00:01:26,920 Speaker 3: I noticed it with Airbnb when I was looking at 38 00:01:26,959 --> 00:01:30,720 Speaker 3: some Airbnb's a few months ago. And Biden is behind 39 00:01:30,760 --> 00:01:33,280 Speaker 3: all this. He's basically trying to get behind these major 40 00:01:33,319 --> 00:01:36,440 Speaker 3: companies and say, don't hide, don't hide these charges because 41 00:01:36,480 --> 00:01:39,960 Speaker 3: a lot of consumers don't even notice it. 42 00:01:40,080 --> 00:01:42,440 Speaker 1: What's the gas? What's the gas? Dream? 43 00:01:42,560 --> 00:01:46,039 Speaker 2: We were in an Airbnb? I just it just struck me. 44 00:01:46,160 --> 00:01:47,000 Speaker 2: We were in Airbnb. 45 00:01:47,120 --> 00:01:47,640 Speaker 1: It was gray. 46 00:01:47,800 --> 00:01:50,680 Speaker 2: It was a gray Airbnb and the window, the windows 47 00:01:50,680 --> 00:01:52,880 Speaker 2: were light gray. It was a dark gray's charcoal grayhouse 48 00:01:53,040 --> 00:01:55,360 Speaker 2: made of wood and the windows were framed and like right, 49 00:01:55,480 --> 00:01:56,760 Speaker 2: we were in a house. 50 00:01:56,840 --> 00:01:58,360 Speaker 1: I don't know why it was an Airbnb house. 51 00:01:58,360 --> 00:01:59,120 Speaker 3: What are we doing? 52 00:01:59,360 --> 00:02:01,440 Speaker 2: We just I didn't get that far. We would maybe 53 00:02:01,440 --> 00:02:03,080 Speaker 2: we can't talk about go one of the desert together 54 00:02:03,120 --> 00:02:03,440 Speaker 2: or something. 55 00:02:03,480 --> 00:02:06,120 Speaker 1: Maybe that's what it was. It was us. It was literally, Yeah, 56 00:02:06,120 --> 00:02:07,960 Speaker 1: we did talk about the desert. We talked about doing 57 00:02:07,960 --> 00:02:10,640 Speaker 1: a weekend together. Maybe that's what it was. But so 58 00:02:10,680 --> 00:02:11,840 Speaker 1: I have a question for you while you tell me 59 00:02:11,880 --> 00:02:13,519 Speaker 1: about this. Yeah, would you rather. 60 00:02:15,040 --> 00:02:17,640 Speaker 2: Know the number up front or have them, you know, 61 00:02:17,760 --> 00:02:20,200 Speaker 2: sort of subtly tell you and then it's all the 62 00:02:20,240 --> 00:02:22,079 Speaker 2: same at the end of the day, net net. 63 00:02:22,120 --> 00:02:24,480 Speaker 3: I would rather know the number up front because then 64 00:02:24,520 --> 00:02:27,000 Speaker 3: I'm not even going to consider that home that I 65 00:02:27,040 --> 00:02:28,120 Speaker 3: want to rent on Airbnb. 66 00:02:28,200 --> 00:02:30,600 Speaker 1: I would meet her a cheaper house. I'm an all 67 00:02:30,680 --> 00:02:31,640 Speaker 1: in math person. 68 00:02:31,880 --> 00:02:35,560 Speaker 2: Yes, well it's a base price plus these other percentages 69 00:02:35,560 --> 00:02:35,919 Speaker 2: for things. 70 00:02:36,040 --> 00:02:36,840 Speaker 1: Yeah, don't. I don't. 71 00:02:37,320 --> 00:02:39,200 Speaker 2: And that's the well, that's the thing. I mean, that's 72 00:02:39,280 --> 00:02:41,680 Speaker 2: why anybody would not tell you. The whole thing is 73 00:02:41,720 --> 00:02:43,960 Speaker 2: because sometimes your brain just sees one number in things. 74 00:02:44,040 --> 00:02:46,200 Speaker 2: Oh that's good, I can do that, but then you 75 00:02:46,240 --> 00:02:48,720 Speaker 2: don't really calculate all the different editions. 76 00:02:48,760 --> 00:02:50,600 Speaker 3: Well, and the thing when it comes to like airbnb, 77 00:02:50,800 --> 00:02:55,000 Speaker 3: sometimes you you already fell in love with that house. 78 00:02:55,280 --> 00:02:57,480 Speaker 3: You're like, well, you know, it's just so pretty, and 79 00:02:57,639 --> 00:03:00,239 Speaker 3: like well, I guess we'll just spend the extra three 80 00:03:00,320 --> 00:03:02,560 Speaker 3: hundred dollars or whatever it is. You know, all these fees. 81 00:03:02,560 --> 00:03:05,440 Speaker 1: It's the game, isn't it exactly? But now and then 82 00:03:05,440 --> 00:03:05,839 Speaker 1: you'll pay. 83 00:03:05,960 --> 00:03:07,840 Speaker 3: But now that you will see all the fees up front, 84 00:03:07,880 --> 00:03:09,240 Speaker 3: it's like you're not even going to look at those 85 00:03:09,240 --> 00:03:12,040 Speaker 3: other homes, like. 86 00:03:11,360 --> 00:03:13,400 Speaker 1: My budget, I got one to one of that. 87 00:03:13,840 --> 00:03:18,760 Speaker 2: What I'm about to give away tickets with no fee? Yeah, 88 00:03:19,160 --> 00:03:20,400 Speaker 2: Jonas Brother's tickets next