University of Buffalo law professor Tanya Monestier claims in a 132-page objection that the settlement “is the worst of all possible worlds.”
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Despite initial concerns, real estate professionals say the temporary fix issued by Veterans Affairs has made these transactions better.
Questions about commissions linger a year after the Sitzer/Burnett verdict, but brokers are beginning to find patterns in seller behavior.
A breakdown of how the two new motions to appeal from HomeServices, Keller Williams and NAR deserve to be heard.
Crafting a content and communication strategy that genuinely acknowledges their insecurities can pave the way for substantial agent recruitment and business growth.
Through the first week of the trial, the plaintiffs’ central argument has been that despite the defendants having antitrust rules and regulations in place, documents from the firms suggest that they are knowingly violating their own rules.
Named plaintiffs in the Sitzer/Burnett lawsuit testified that they weren’t aware they could negotiate commissions, and felt that paying buyer agents was “unfair.”
The third day of the highly consequential Sitzer/Burnett buyer broker commission lawsuit included a deep dive into the training materials used by brokerages and the testimony of three of the named plaintiffs.
Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri. While two of the defendants — Anywhere and RE/MAX — have settled in the case, those settlements have not been finalized. The National Association of Realtors, Keller Williams, and Berkshire Hathaway are still going to court to fight the allegations.
Regardless of […]
The Sitzer/Burnett commission lawsuit goes to trial Monday and the stakes are high. Is this the end of guaranteed shared compensation?
The NAR and brokerages believe the plaintiffs are looking to dodge cross examination to avoid testimony that could conflict with other class representatives.