Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
'Sue the lawyers for defamation': Your post-Sitzer sound-off
We asked what changes you're seeing, and what changes you're making, now that the first of the commission lawsuits is officially in the rearview mirror. You had thoughts
by Inman Nov 7
Sitzer litigation: What agents need to hear from you now
Opinion
According to CEO Dan Stewart, the way you communicate with clients and agents right now will set you up for success as buyer commission litigation continues to unwind
by Dan Stewart Nov 7
Compass trims losses, improves cash flow despite Q3 revenue dip
The brokerage saw revenue fall 10% year over year, but also managed to cut net losses from $154M in the third quarter of last year to $39M this time around, according to a Q3 earnings call Monday
by Jim Dalrymple II Nov 6
Distance yourself from disaster. 10 to-dos in the wake of Sitzer
Do you feel like NAR is playing a game of chicken with your business? You're probably not alone. Here are 10 action steps you can take right now to build sustainability into your business
by Rachael Hite Nov 6
That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
Exemplary agents will see commissions grow: NextHome CEO
Opinion
NextHome CEO James Dwiggins points out that the final chapter of the bombshell commission lawsuits hasn't been written. Find out what you need to know to plan ahead
by Bernice Ross Nov 3
Opendoor can't hang on to profitability as Q3 revenue craters
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
by Jim Dalrymple II Nov 2
Realtor.com chief: Buying without an agent was 'terrifying'
Damian Eales lauded the American system of having agents representing buyers and sellers, but said that change is likely coming thanks to lawsuits and the DOJ
by Jim Dalrymple II Nov 2
'A new age': Brad Inman, panelists unpack the Sitzer | Burnett verdict
During a live session Wednesday at virtual Connect, Brad Inman moderated a panel with Russ Cofano and Kendall Bonner on what lies ahead for agents as the commission model is upended
by Ben Verde Nov 1
Will Q3 earnings keep real estate mired in a 'Groundhog Day' loop?
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
by Jim Dalrymple II Nov 1
Redfin CEO: With commissions in peril 'cooperation may crumble'
Redfin CEO Glenn Kelman said at Inman Connect on Wednesday that pressure from lawsuits and the Department of Justice may ultimately lead to 'a different world' than the one that exists today
by Jim Dalrymple II Nov 1
Verdict's in: Brad Inman, experts break it down at Inman Connect
Join Brad Inman, Kendall Bonner and Russ Cofano at Virtual Connect Wednesday as they tackle the historic Sitzer | Burnett ruling and what it means. It’s part of a 2-day virtual ticket, only $149
by Inman Nov 1
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Jury awards $5B to homesellers in landmark Sitzer | Burnett verdict
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
by Andrea V. Brambila Oct 31