The Rise of Real Estate Auctions: A Solution to Industry Challenges
Change is in the air, and the recent Sitzer | Burnett trial verdict has cast a spotlight on a fundamental aspect of the real estate industry—structured buyer agent commissions through MLS. In light of these developments, the auction format is emerging as a logical solution that can address this issu
Shockwaves in Real Estate: Sitzer | Burnett Trial Verdict Shakes Industry
The world of real estate was rocked today as the verdict in the Sitzer | Burnett trial was announced. In a decision that sent shockwaves throughout the industry, a jury found in favor of homeseller plaintiffs, awarding them full damages totaling a staggering $1.78 billion. This unexpected outcome ca
National Association of Realtors Loses Key Appeal in Civil Case Impacting Real Estate Commission Structure
U.S. Court of Appeals denies defendant's petition, upholds class certification in the Moehrl case. In a recent development, the National Association of Realtors (NAR) and other major real estate players have suffered a setback in a civil case that challenges the traditional real estate commission st
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