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

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

18 ways to show buyers you’re worth every commission dollar

Broker Cara Ameer writes that, from a leaky icemaker to a stellar professional reputation, the work of a buyer agent can make or break a home purchase. Continue reading

Commission lawsuits are piling up. Keep track of them all right here

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading

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. Continue reading

Opendoor can’t hang on to profitability as Q3 revenue craters

The iBuyer saw revenue fall 71 percent year over year in the third quarter of 2023. The company also lost $106 million — a reversal from Q2’s net profit. Continue reading

Redfin CEO: With commissions in peril ‘cooperation may crumble’

Kelman said during virtual Inman Connect on Wednesday that pressure from the bombshell lawsuits and the Department of Justice may ultimately lead to “a different world” than the one that exists today. Continue reading

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. Continue reading

The activity with best ROI? It’s old-school networking, Intel poll shows

Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time. Continue reading

‘Rabbit gets the gun’: The essential guide to Week 1 of Sitzer | Burnett

Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading

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

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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