Tag Archives: moehrl

NAR to shed 1M members if shared commission banned, analysts say

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A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30 percent as a result of ongoing threats to the real estate industry. Continue reading →

Sitzer | Burnett: Live updates from the buyer-agent commission trial

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The long-awaited Sitzer | Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more. Continue reading →

‘Modest’ commission proposals are insufficient, says watchdog

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Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive landscape around agent commissions. Continue reading →

Stakes are incalculable for NAR as bombshell commission trial looms

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Next week’s long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate’s most powerful trade organization as it navigates a series of existential challenges. Continue reading →

RE/MAX becomes 3rd major firm to distance itself from NAR

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In announcing the details of its settlement in the bombshell commission suits, the franchisor said that agents and brokerages would “have the freedom to set and/or negotiate commissions as they see fit.” Continue reading →

Anywhere unveils the details of its bombshell commission settlement

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Among the proposed changes, Anywhere said its company-owned brokerages, franchisees and affiliated agents will no longer be required to belong to the National Association of Realtors. Continue reading →

In ‘sudden’ reversal, NAR says listing brokers can offer 0%

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An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading →

Brokers fear losing commissions, agents if lawsuits succeed: Survey

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Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows. Continue reading →

The commission suits are headed to court. What happens after that?

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At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference. Continue reading →

Judge narrows in on trial date for bombshell commission lawsuit

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If the parties don’t settle, expect a lengthy trial for the Moehrl homesellers’ case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America. Continue reading →