Tag Archives: sitzer/burnett

The commission suit tsunami is upon us: The Download

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Catch up with the “mother of all lawsuits” and all of the other so-called copycats that have followed in the wake of Sitzer | Burnett. Continue reading →

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

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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

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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 →

New commission lawsuit targets REBNY and 26 companies in NYC

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Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws. Continue reading →

Exclusive Survey: 95% would pay a buyer agent under right conditions

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A majority of potential buyers say they’re open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights. Continue reading →

NAR President addresses Realtors for first time since Sitzer verdict

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In a five-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead. 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 →

The verdict is in: 4 key realities in the emerging market

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With the coming appeal, writes team leader Carl Medford, it will be some time before the final verdict is reached. However, there are four key realities that you can expect to see in the days that lie ahead. 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 →