South Carolina homesellers latest in line to sue NAR, Keller Williams
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
by Andrea V. Brambila Nov 10
Donna Gland, longtime NAR HR Chief, set to retire after 38 years
Some NAR staffers and members had called for Gland's resignation, alleging she allowed a toxic work environment to flourish unchecked while protecting wrongdoing at the top
NAR President addresses Realtors for first time since Sitzer verdict
In a 5-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead
by Marian McPherson Nov 8
Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
The verdict is in: 4 key realities in the emerging market
With the coming appeal, writes team leader Carl Medford, it will be some time before the final verdict is reached. However, there are 4 key realities that you can expect to see in the days ahead
by Carl Medford Nov 8
Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
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 Ketchmark told Inman exclusively
NAR CEO Bob Goldberg to retire early after 'emergency meetings'
Goldberg had been set to leave at the end of 2024, but will now step down this month. His departure comes on the heels of a harassment scandal at the trade organization
Realtor.com chief: Buying without an agent was 'terrifying'
Damian Eales lauded the American system of having agents representing buyers and sellers, but said that change is likely coming thanks to lawsuits and the DOJ
by Jim Dalrymple II Nov 2
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Jury awards $5B to homesellers in landmark Sitzer | Burnett verdict
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
by Andrea V. Brambila Oct 31
Sitzer | Burnett closing arguments wrap as judgment day approaches
In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions
by Andrea V. Brambila Oct 31
Gary Keller takes stand in person as Sitzer | Burnett verdict nears
Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week
As Sitzer | Burnett trial winds down, plan for what's next: The Download
As the first of the buyer commission trials draws to a close, get to know the plaintiffs in Sitzer | Burnett and plan for the changes ahead
by Christy Murdock Oct 28
2023 is full of noise and disruption. Here’s how to do business anyway
There’s a lot going on in real estate and beyond, writes broker Troy Palmquist. Here’s how to block out the things you can’t control so you can get back to business
by Troy Palmquist Oct 28
7 massive mistakes most real estate agents are making right now
Uncertainty breeds error, and mistakes cause clients to find new agents. Avoid these agent blunders, and you'll find all kinds of opportunity, says Jimmy Burgess
by Jimmy Burgess Oct 27