A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered “illogical, harmful, irrational and anticompetitive effects” of NAR’s cooperative compensation rule. Source: Inman…
Posts published in “sitzer/burnett”
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and…
A majority of potential buyers say they’re open to paying their agents in the wake of legal threats to commissions, according to results from a…
In a five-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a…
“Batton 2,” exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at…
With the coming appeal, writes team leader Carl Medford, it will be some time before the final verdict is reached. However, there are four key…
Disrupting the National Association of Realtors’ use of multiple listing services as a “vehicle for higher commissions” is at the center of talks, lawyer Michael…
Now that the first of the bombshell commission suits is in the rearview mirror, what’s next? What changes are you seeing, and what changes are…
According to CEO Dan Stewart, the way you communicate with clients and agents right now will set you up for success as buyer commission litigation…
The brokerage saw revenue fall 10 percent year over year, but also managed to cut net losses from $154 million in the third quarter of…