As Week Two of the Sitzer/Burnett trial begins, plaintiffs wrap up their testimony and attempt to show negligence on the part of NAR and Keller Williams leadership in regards to antitrust violations in their organizations.
Tom Toole breaks down three things every real estate agent needs to do in light of the commission lawsuits going to trial.
Four plaintiffs in the Sitzer/Burnett class action lawsuit took the stand on Wednesday and Thursday (October 18-19) to challenge the real estate industry’s commission structure.
On Day 3 of the Sitzer/Burnett trial, lead attorney Michael Ketchmark questioned RE/MAX CEO Nick Bailey, former Coldwell Banker CEO M. Ryan Gorman, and Keller Williams University executive Meredith Maples.
The second day of the Sitzer/Burnett trial included opening remarks from both plaintiffs and defendants, along with testimonies from Gary Keller (Keller Williams CEO), Gino Blefari (HomeServices of America CEO), and Bob Goldberg (NAR CEO).
On day one of the Sitzer/Burnett trial, jury selection took several hours as lawyers for both sides reduced a jury pool of around 80 to nine. And a pro-plaintiff Wall Street Journal article published the day before could make it difficult for jurors to avoid external bias.
This week in BAM (October 9–13), we have rapport-building tips, a script to use with seller/buyers this fall, a NAR timeline, PR lessons from NAR’s response to allegations, a hidden sales superpower, lagging Instagram Reels, and a little-known hack for Instagram bios.
Here’s a timeline of recent events and changes facing the National Association of Realtors® (NAR), along with its reactions.
PR expert Audie Chamberlain outlines three lessons real estate agents can learn from NAR’s recent response to allegations of sexual harassment.
The MBA, NAR and NAHB wrote a letter to Fed Chairman Jerome Powel urging the Fed to take steps to provide market certainty about rate hikes.
This week in BAM focuses on big news about NAR, one word to eliminate from your vocabulary, business planning basics, October content ideas, how to send 200 Instagram DMs at once, and podcasting tips for real estate agents.
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.
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