NAR president offers guidance on how agents can navigate commission lawsuit uncertainty

NAR president offers guidance on how agents can navigate commission lawsuit uncertainty

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision.... Read more »
How the commission lawsuits may prompt intervention from DOJ and regulators

How the commission lawsuits may prompt intervention from DOJ and regulators

For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. “We’ve definitely seen a movement in the last few years to be... Read more »
Illinois homebuyers file second commission lawsuit, and it may be the largest one yet

Illinois homebuyers file second commission lawsuit, and it may be the largest one yet

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist... Read more »
What’s different about the 0B(!) Gibson commission lawsuit

What’s different about the $200B(!) Gibson commission lawsuit

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. The class action-seeking... Read more »
Immunity or liability? Antitrust experts weigh in on commission lawsuit settlement outcomes

Immunity or liability? Antitrust experts weigh in on commission lawsuit settlement outcomes

Speculation is still swirling around the proposed commission lawsuit settlement agreements reached by RE/MAX and Anywhere in the Sitzer/Burnett, Moehrl and now Nosalek lawsuits. The settlement agreements outline specific policy changes, including... Read more »
What’s different about the 0B(!) Gibson commission lawsuit

RE/MAX has no regrets over $55M commission lawsuit settlements

In light of the recent verdict in the Sitzer/Burnett commission lawsuit, RE/MAX executives expressed great satisfaction about their decision to settle the suit — as well as the Moehrl and Nosalek lawsuits... Read more »
Experts weigh impact of commission lawsuit verdict on future of NAR membership

Experts weigh impact of commission lawsuit verdict on future of NAR membership

Speculation is still swirling around what Judge Stephen Bough’s final ruling on the Sitzer/Burnett commission lawsuit will be and how it will impact the industry. Thanks to provisions in both Anywhere’s and RE/MAX’s... Read more »
eXP’s Glenn Sanford is “concerned” about the commission lawsuit’s impact on buyers

eXP’s Glenn Sanford is “concerned” about the commission lawsuit’s impact on buyers

eXp World Holdings executives did not mention the Sitzer/Burnett verdict in their third quarter earnings presentation on Thursday, but analysts wanted to hear their thoughts on the potential implications. In response, Glenn... Read more »
Glenn Kelman says Redfin has ‘very good defenses’ for commission lawsuit

Glenn Kelman says Redfin has ‘very good defenses’ for commission lawsuit

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a... Read more »
What an appeal of the .8B Sitzer/Burnett commission lawsuit verdict will look like

What an appeal of the $1.8B Sitzer/Burnett commission lawsuit verdict will look like

While much remains unknown in the wake of the verdict in the Sitzer/Burnett commission lawsuit case, the one certainty is that all three defendants — National Association of Realtors, HomeServices of America and Keller Williams... Read more »