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National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

by Phil Hall | Mar 15, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has agreed to a $418 million settlement that will resolve a series of lawsuits that challenged its rules on real estate broker commissions. The New York Times reported that it obtained a copy of the settlement, which will be...
Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
A Phil Hall Op-Ed: Why Are Politicians Silent About the Real Estate Commission Lawsuits?

A Phil Hall Op-Ed: Why Are Politicians Silent About the Real Estate Commission Lawsuits?

by Phil Hall | Feb 19, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: If you’ve been following the kudzu-level spread of lawsuits regarding real estate broker commissions, you might have noticed something interesting regarding the reaction to this litigation. Or to be more precise, the lack of reaction – especially...
And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

by Phil Hall | Feb 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The chain of copycat lawsuits over real estate broker commissions has expanded to Utah, which has become the 13th state where the National Association of Realtors (NAR) and leading brokerages are being sued over how brokers are paid. On Feb. 9, Dalton K. Jensen filed...
A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?

A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?

by Phil Hall | Feb 12, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Here’s a question for the real estate brokers out there: What are the business challenges that will flummox you this year? Okay, that’s not an original question on my part – the folks at Delta Media Group asked that question of more than 130...
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