Judge approves $110M settlements for Compass, Redfin, and seven other brokerages in the Gibson/Umpa commission lawsuit, marking one year since the Sitzer/Burnett verdict.
Here’s a recap of major real estate industry developments since the Sitzer/Burnett verdict, from NAR settlement updates to an objection that could change everything. We’re also sharing a timeline of BAM events, including our final event of 2024.
This week in BAM brings news of the biggest commission lawsuit yet, an 11-point plan for real estate agents, NAR HR Chief Donna Gland’s departure, how to get 19 pieces of content from one listing, the best social media platform for agents, and much more.
Tracy Kasper, president of the National Association of Realtors (NAR) posted a video on November 7th addressing the Sitzer/Burnett verdict, what it means for real estate agents, and what Realtors should tell clients who ask about the verdict or lawsuits.
On the day Bob Goldberg stepped down as NAR CEO, Byron Lazine hosted a special Hot Sheet livestream. Jason Haber called in and revealed the most commented-on New York Times article on October 31 was about the real estate industry.
This week in BAM (Oct 30–Nov 3) covered the Sitzer/Burnett verdict, Bob Goldberg stepping down, Zillow acquiring Follow Up Boss, Anywhere partnering with RealScout, a Krys Benyamein webinar, and a BAMx mastermind hosted by Byron Lazine.
Minutes after the jury of the Sitzer/Burnett trial returned from two hours and 28 minutes of deliberation to issue its verdict, Byron Lazine started a live broadcast to share the breaking news. Here are the highlights.
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