A little more than a week before the Sitzer/Burnett class action suit goes to trial, NAR reversed course and said it’s now allowing listings with $0 for buyer compensation.
Redfin announces it is leaving for two reasons: NAR’s policy requiring a fee for the buyer agent on every listing and its “pattern of alleged sexual harassment.”
With a commission lawsuit trial scheduled for October, BrightMLS is breaking a NAR policy requiring an amount higher than zero in the cooperative compensation field for property listings. Their goal is to improve transparency in agent-client communications.
For daily real estate news, business and marketing.
