Buyer Broker Commissions Go to Trial
On Monday, October 16, 2023, the Sitzer/Burnett lawsuit goes to trial. It’s expected to last about three weeks, with a verdict due by mid-November. The fundamental question is how buyer commissions will be paid in the future. The plaintiffs are a group of home...Zero Percent Commissions Are Now a Reality
Last week Anywhere announced the terms of their settlement agreement for the two bombshell lawsuits that sought to have buyer agents negotiate their commission directly with the seller and/or their own buyers. Part of that settlement would allow listing brokers...Brave New World
If you’re affiliated with Better Homes and Gardens, Century 21, Coldwell Banker, Corcoran Group, ERA, or Sotheby’s International, your company will be among the first to implement changes that are most likely to result in buyers having to negotiate their own...
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