October 2023

Commission Class Action Lawsuits Part 7

Reading Time: 2 minutes The long-anticipated Sitzer/Burnett class action commission lawsuit verdict is in. I have gathered 30 pages of information and will spend the next several hours summarizing the information for a newsletter I will send you tomorrow, but I wanted to get this news to you right away, so stay tuned. Here are the major points: Missouri […]

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Commission Class Action Lawsuits Part 6

Reading Time: 3 minutes The long-anticipated Sitzer/Burnett class action commission lawsuit entered its first day in court last Monday, leaving real estate professionals to ponder the fate of today’s cooperation and commission practices. Here are some of the highlights of the first week of the court case: At the crux of the case is the allegation that commission rates

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Class action Lawsuits Part 5

Reading Time: 3 minutes Now that Trials are starting, it’s important for the industry to be able to explain why our structure and standards of practice work best for all parties. We’ve talked about the details of the 3 leading Class Action Commission Lawsuits unfolding against the real estate industry in Parts 1-4 in our newsletter series: Sitzer/Burnett Moehrl

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Class Action Lawsuits Part 4

Reading Time: 5 minutes Commission Class Action Lawsuits Part 4 As a bombshell class-action trial fast approaches, the National Association of Realtors says it’s now allowing listing brokers to offer buyer brokers nothing in compensation when listing a home in a Realtor-affiliated multiple listing service. The new interpretation of the controversial commission rule being challenged in the case comes

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Class Action Lawsuits Part 3

Reading Time: 2 minutes Are Class Action Real Estate Commission Lawsuits coming to Alaska? Mastermind groups nationwide have moved the discussion of these class action lawsuits to the top of their concerns Cheryl. Are you hearing any discussions? So what’s the big deal? In the two lawsuits that have already been filed, where multi million dollar settlements have already

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