by Robert Smith | Nov 6, 2023 | Class Action Lawsuits, National Association of REALTORS, Real Estate Salesperson Qualifying Education, Sitzer/Burnett
NAR to Appeal Burnett Trial Verdict: A Closer Look at the MLS Rules and Real Estate Compensation Model In a recent press release, the National Association of REALTORS® (NAR) announced its intention to appeal the verdict in the Sitzer/Burnett trial. The jury found...
by Robert Smith | Nov 1, 2023 | Class Action Lawsuits, Lawsuit, National Association of REALTORS, Real Estate News, Sitzer/Burnett
Real Estate Stocks Tumble Following Sitzer/Burnett Lawsuit Verdict How the Guilty Verdict is Shaking the Publicly Traded Real Estate Sector The recent guilty verdict in the Sitzer/Burnett class-action lawsuit has sent shockwaves through the real estate industry....
by Robert Smith | Nov 1, 2023 | Class Action Lawsuits, HomeServices of America, Keller Williams, National Association of REALTORS, News for Real Estate Agents, Sitzer/Burnett
In a landmark decision that has sent ripples through the real estate industry, a federal jury has found in favor of the plaintiffs in the Sitzer/Burnett class-action lawsuit, a case closely watched by real estate professionals across the nation. The jury has ruled...
by Robert Smith | Sep 20, 2023 | Anywhere, Class Action Lawsuits, National Association of REALTORS, News for Real Estate Agents, RE/Max, Sitzer/Burnett
In a groundbreaking development in the real estate industry, RE/MAX, one of the largest real estate brokerages, has reached a settlement agreement to resolve the Sitzer and Moehrl class action commission lawsuits. With a $55 million deal, this settlement marks a...
by Robert Smith | Sep 7, 2023 | Anywhere, Class Action Lawsuits, Lawsuit, National Association of REALTORS, News for Real Estate Agents
The real estate sector has witnessed many ups and downs over the years, but legal disputes can bring about particularly challenging moments. A recent pivotal event was the settlement between Anywhere (previously known as Realogy) and plaintiffs in the Sitzer and...
by Robert Smith | Aug 25, 2023 | Class Action Lawsuits, HomeServices of America, National Association of REALTORS, Real Estate News
With HomeServices of America losing it’s appeal earlier this month and now NAR’s recent filing it appears that the Sitzer/Burnett commission Lawsuit is headed to trial starting October 16th. The National Association of Realtors (NAR), the leading...