Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs. Continue reading
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
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
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
“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
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
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy Continue reading
Jurors on Tuesday shocked the real estate industry, awarding damages adding up to $5.36 billion to homesellers after deliberating for 2 hours and 28 minutes. Continue reading
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
Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week. Continue reading