The Eighth Circuit Court of Appeals in Kansas City, Missouri, heard oral arguments in the Sitzer-Burnett settlement appeal on Jan. 14, with attorneys representing objectors as well as defendants debating the validity of the settlement amount and its effectiveness in addressing homebuyer claims. Nearly two years after the landmark March 2024 settlement—where the National Association…

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The industry is two years post the historic outcome of the Burnett trial, and more than one year post-practice changes from the National Association of Realtors® (NAR), but the conversations surrounding commissions and compensation have yet to cease. Many could not agree a year ago how the changes in policy (i.e., the requirement of broker-buyer…

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The November issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at one year after NAR’s practice changes went into place, how commissions have shifted across the industry in RISMedia’s 2025 Contract & Commission Study. In addition, we take a look at…

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Above: Rick Haase and Marco Fregenal  Despite legal changes that came about due to the Burnett v. National Association of Realtors® et al. lawsuit settlement, commissions remain central to the real estate industry, driving $1.5 trillion in annual transactions and shaping how professionals earn and brokerages attract highly productive agents, brokerages and teams. With increased…

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