Stay updated with breaking news from Challenged Rules. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.
The real estate establishment's latest salvo against the "bombshell" buyers' agent case is a sprawling, 3,000-word argument against granting class-action status in the Moehrl federal lawsuit.
The certification of the class in Sitzer/Burnett v. NAR is only an initial procedural step and there are serious issues with the plaintiff’s complaint. Still, however, the industry needs to proactively address the underlying issues regarding agent compensation.
A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry.