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Reading Time: 3 minutes AKMLS Bringing Attorney for 3 Presentations this week. What questions should I ask? MLS Questions. What rule changes do you plan on making? What forms are you planning on changing? How soon do you plan on making the changes? What role will the broker members have in the changes? What changes should MLS members make …
Commission Class Action Lawsuits Part 9 Critical MLS Questions Read More »
Reading Time: 3 minutes Are Class Action Real Estate Commission Lawsuits coming to Alaska? As you know, the long-anticipated Sitzer/Burnett class action commission lawsuit verdict is in. In the Sitzer/Burnett buyer broker commission lawsuit a Kansas City jury has found the National Association of Realtors, HomeServices of America, and Keller Williams guilty of colluding to inflate or maintain high …
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 …
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 …
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 …
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 …
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 …
Reading Time: 2 minutes We notified Alaska Real Estate Professionals last week about breaking news on some significant class action lawsuits against the real estate industry commission structure how some of the major brokerages have moved forward with some partial settlement agreements that are bound to affect you. Joshua Sitzer and Amy Winger (now referred to as the Stitzer/Burnett …
Reading Time: 2 minutes Breaking news on some significant class action lawsuits against the real estate industry commission structure have moved forward with some partial settlement agreements that are bound to affect you. RE/MAX makes $55 million deal to settle commission lawsuits, and they are not the only defendants that have been named in the lawsuit. Key points: RE/MAX’s …
Reading Time: 9 minutes I have tenants that have their son living in their garage. They have a full bed, put down rugs, a desk, computer, etc. We have told them that that was not allowed but it continues. Can you tell me where I can find rules against this and advise me on how to resolve this My …
A student asks: Can a tenant that have their son living in their garage? Read More »