This last week is probably the wildest week I’ve ever seen in my 40+ years in the business. The Sitzer Burnett verdict came in at $5.36 billion against NAR and three of the industry’s top franchises who elected to go to court rather than settle like Anywhere (Realogy) and RE/MAX did.
Two days later NAR CEO Bob Goldberg stepped down and Nykia Wright, who is a crisis management specialist and took the Chicago Tribune through bankruptcy without having to lay off a single employee, was appointed as NAR’s Interim CEO.
Because of the importance of what is happening right now, we are making all my articles on these the topics available to all RealClues subscribers. Consequently, today’s interview with James Dwiggins will be available both as a video as well as in our REC Radio format. If you’re not yet a subscriber to RealClues, click here to sign up.
Second, depending on what Inman decides to do with three additional articles I will be submitting this week, you may be getting one and possibly even two additional editions of RealClues this week. If you’re a NAR member or especially if you’re a member of the NAR Board of Directors and are going to Anaheim, please read these before you leave—it’s extremely important that you know exactly what is happening.