On Friday, April 12, 2024, the U.S. Judicial Panel on Multidistrict Litigation decided against consolidating copycat commission lawsuits into one large case—at least for the time being.
Nykia Wright, Interim CEO for the National Association of Realtors (NAR), issued a statement to share the “real story” in response to a Wall Street Journal article criticizing the trade organization.
Attorneys for the National Association of Realtors filed documents on January 23 supporting the consolidation of class-action commission lawsuits but arguing for the inclusion of all 19 national lawsuits and requesting a new venue, preferably Illinois or Texas.
This week in BAM, we have NAR president Tracy Kasper stepping down, 3 new copycat lawsuits, 2 new programs from Real Brokerage, a 1-question email you should send out, an Instagram Story hack, a 4-step prospecting plan, 3 mailers that convert, and more.
Lawyers in Missouri filed the Umpa lawsuit on behalf of U.S. home sellers, on December 27. Defendants include the National Association of Realtors (NAR) and more than a dozen brokerages, including, for the first time, The Real Brokerage.
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