National Association Of Realtors
Officials with Keller Williams Realty Inc. announced Tuesday the hire of former U.S. Solicitor General Paul D. Clement to represent them in the Sitzer/Burnett v. National Association of Realtors lawsuit. The NAR and two codefendants were found liable Oct. 31 in the federal Sitzer/Burnett trial, which challenged MLS rules and the real estate compensation model.…
While Bob Goldberg, CEO of the National Association of Realtors, had planned to retire at the end of 2024, the nation’s largest trade organization just announced that the timeline for his exit has accelerated. Former Chicago media exec Nykia Wright will replace Golberg as interim CEO effective Nov. 20. The news of Goldberg’s departure comes…
It did not take long for a Kansas City jury to create a Halloween nightmare for real estate agents. The jury in the bombshell Sitzer/Burnett trial in Kansas City has found the National Association of Realtors, HomeServices of America, and Keller Williams guilty of colluding to inflate or maintain high commission rates through the National Association of Realtors’ Clear Cooperation…
As many agents and brokers know, a major lawsuit began Monday in Missouri that could permanently affect the commission structure across the US. It could also, I believe, place a huge obstacle in home affordability by putting the burden of the buyer agent commission onto the homebuyer. The Sitzer/Burnett commission trial is in its fourth…
In the landmark settlement from Anywhere, the parent company of Sotheby’s International Realty, Coldwell Banker, and Century21 agreed to pay $83.5 million to the plaintiffs of Moehrl v. National Association of Realtors and Sitzer/Burnett v. NAR. As of now, Anywhere and RE/MAX are the only defendants to pay a settlement in the suits. According to…
