Tag Archives: Antitrust

Sitzer | Burnett defendants bulk up lawyer bench to prep for appeal

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The National Association of Realtors and Keller Williams have hired former U.S. solicitors general to help them beat back the multibillion-dollar verdict. Continue reading →

NAR won’t use lobbying chops for ‘legislative fix’ to commission suits

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At a forum for reps of 50 large brokerage firms, The Realty Alliance CEO Craig Cheatham asked why the nearly 1.6 million-member trade group can’t use its political influence for an “existential threat.” Continue reading →

NAR: ‘We have many grounds’ to appeal the Sitzer | Burnett verdict

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The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs’ attorney said if the trade group doesn’t change, it risks an injunction and DOJ wrath. Continue reading →

NAR will argue for ‘complete reversal’ of Sitzer | Burnett verdict

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The National Association of Realtors’ legal team on Monday blamed the ruling on the judge. The plaintiffs’ attorney, meanwhile, said NAR hadn’t “learned anything” from its “resounding defeat.” Continue reading →

South Carolina homesellers latest in line to sue NAR, Keller Williams

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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. Continue reading →

Mother of all commission suits filed in Illinois, this time by homebuyers

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“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 new suit called Gibson. Continue reading →

Sitzer | Burnett plaintiffs’ attorneys in talks with Department of Justice

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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. Continue reading →

First American settles ‘no-poach’ allegations with New York AG

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The $4.5 million agreement follows similar settlements with “big four” title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty. Continue reading →

As objection handlers come under fire, these 7 ChatGPT ideas hold up

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Although you need to be careful with ChatGPT and other AI platforms, they can offer a great resource for idea generation. We asked for ideas on handling objections and got some surprisingly solid suggestions.
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Under their thumbs: The enigmatic homesellers behind Sitzer | Burnett

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The plaintiffs in a class action antitrust suit challenging the real estate industry’s commission structure took to the stand Wednesday and Thursday to make the case that the practice of homesellers paying buyer agents is “unfair.” Continue reading →