Current Litigation in Real Estate against the Broker Compensation Clause in the NAR MLS Handbook – Part 1

 Current Litigation in Real Estate against the Broker Compensation Clause in the NAR MLS Handbook

• Civil Litigation

• Antitrust Class Action Lawsuits Sitzer/Burnett – Damage Award of $1.78 B, tripled to $5 Billion; Moehlr – Illinois, Nosalek – MLS PIN

• Important to learn more about MLS – The more you can speak authoritatively of these, the more opportunity you will find

• Types of MLS “Compensation Vehicle”

• -From Sub Agency to an Offer of Compensation

• FTC Study of the Residential Real Estate Industry – 1983

• Agency Disclosure law passed first in California, in 1986

https://www.youtube.com/watch?v=8TYA1REX8Ag&list=PLz4UQdKrkAi0i0kd8x0YJDaeswUR6cE33&index=1