Gibson Dunn’s Post

The Wall Street Journal story portrays the National Association of Realtors as inflexible in the face of legal challenges to the industry’s commission structure. #realestatenews #realestate #NAR #realtorlife #futureofrealestate

Here are the key points you need to know: Assessment of Impact: Texas REALTORS® is actively evaluating how this settlement could affect ongoing litigation in Texas, our organizational policies, and the documents we use in real estate transactions. Compliance and Transparency: Should the settlement receive court approval, Texas REALTORS® is committed to ensuring compliance with its terms. We are particularly focused on issues related to client representation and broker compensation, striving to address them transparently and effectively. Commission Negotiation: It's crucial to dispel any misconceptions about standard commissions. Before and after this settlement, commission fees and compensation structures have always been subject to negotiation. This settlement does not change that fundamental aspect. The Role of REALTORS®: In today's competitive real estate market, the expertise and advocacy of REALTORS® are more valuable than ever. Whether you're buying or selling, having a knowledgeable professional by your side can make all the difference in navigating complex transactions and securing the best possible outcome. Rest assured, as your dedicated real estate advisor, I am here to keep you informed every step of the way. #narlawsuit #narupdate #news #dallasnativeteam #realestate #texasrealestate

The countdown continues to August 17, when the National Association of REALTORS® will implement a series of changes as part of its settlement agreement in the real estate commission litigation. In a recent article for the American City Business Journals, Marty Green highlighted the positive outcomes for the industry as a result of these changes, including Zillow’s new program that allows buyers to “test drive” agents before making any commitments. Read the full article here: https://lnkd.in/eUxf_Y9Y    #NAR #residentialrealestate  

Great explanation of the NAR settlement by Justin A. Meyer, Biz Law, Real Estate/Title, a partner at the Rosenthal Meyer PLLC #NAR #NARSettlement, #Realestate #Realestatelaw

🏡 Big News for Real Estate Pros and Clients! We've just received important updates from the National Association of Realtors regarding the Sitzer-Burnett litigation case, and it's time to take note! In their settlement agreement, NAR has agreed to paying $418 million over 4 years to resolve claims against over 1 million NAR members and various real estate industry entities. NAR believes this settlement will ultimately benefit both members and consumers alike. What does this mean? It means things are getting clearer and smoother in our world. We're seeing a path forward that's looking brighter by the day. With more transparency and understanding, we can pave the way for a stronger, more resilient real estate landscape. 📆 Stay tuned in the coming months as we unravel the multifaceted details of this proposed settlement agreement. As your trusted real estate expert with over 25 years of experience, I am committed to standing by your side every step of the way. 💬 Got questions or concerns? Don't hesitate to reach out! I'm here to offer guidance, support, and clarity in navigating these changes. Let's embark on this journey together towards a brighter future for real estate! #RealEstateUpdates #NARSettlement #HereForYou #Transparency #Clarity #RealEstateExpertise #FloridaRealEstateBroker #YourTrustedAdvisor

It comes to what makes America so unique. is the spirit of celebrating the freedom to choose. When paying commissions, it’s all a matter of choice. Commissions are and have always been negotiable. A seller Commission is negotiated and made clear while signing a listing agreement with the client. Buyers enter an agreement with the agent when signing, in the State of Texas, A Buyer's Tenant Representation Agreement. Before reviewing these documents, in the State of Texas, ALL agents are required by Law to review broker responsibilities with the IABS (Information about Broker Responsibilities) What is happening now reminds me of the days when attorneys drove around looking for buildings that were not handicap-compliant and bringing lawsuits. We as a professional organization needed to police our agents who were being neglectful of their fiduciary duties. I wonder if they know the meaning of the word. There is a lot of blame to go around. However, Stop the madness Some States independently from NAR had these systems in place. I am proud of my State and Proud to be a REALTOR. Before you kick this can down the street in these United States buyers have a choice not to choose your house, they buy. #Realtors #texasrealestate #houstonrealestate

Here's a great example of resilience -- along with empathy and other facets of emotional intelligence -- coming from Barbara Corcoran, one of the stars of Shark Tank, reacting to the NAR ruling about real estate agent commissions. A lot to role model here: #law #lawyers #legalprofession #lawyerpersonality #resilience #lawfirms #lawfirmmanagement #lawdepartment https://lnkd.in/e5ARj_is

🚨🏡 Breaking News: DOJ vs. National Association of Realtors! 🏡🚨 📜⚖️ The Department of Justice has filed a major lawsuit against the National Association of Realtors (NAR), and it's set to shake up the real estate world! 🤔 Why does this matter to you? 🔍 For Buyers: This lawsuit could impact how buyers' agents show homes. Previously, there were some practices where buyers’ agents might have been showing properties without all the necessary documentation or full transparency. With new regulations potentially on the horizon, expect clearer processes and better documentation to protect your interests. 🏠 For Sellers and Agents: If you’re selling a home or working with a buyers' agent, this lawsuit could lead to more stringent rules and practices, ensuring every step in the home-buying process is properly documented and transparent. 👨🏾⚖️ Stay tuned for updates as this legal battle unfolds and could bring significant changes to how real estate transactions are handled. 🔑 Agent hoping won't help. If you find an agent willing to show you WITHOUT proper documentation, know that they aren't following the federal law...and their integrity is therefore shot. #RealEstate #DOJ #NAR #HomeBuying #Transparency #RealEstateNews 🦁🏘 Scott Realty Group | #TʜᴇHᴏᴜꜱᴇPʟᴜɢ 🏠🔌

L!VE at 12:45 with Dawn D'Amico | Realtor® Today's question: Can real estate agents lie about offers? In this video, Dawn D'Amico, a licensed Realtor in PA and NJ, answers the question: can real estate agents lie about offers? She explains that real estate agents have a fiduciary duty to their clients, what this means and what you can do about it.

How did you hear about Trust Properties USA? David has been a great partner with Trust Properties USA. Since founding this company 25 years ago, we've always prioritized our clients' needs. We've navigated the ups and downs alongside them, and we wouldn't have it any other way. Our deep knowledge extends to working closely with fiduciaries and handling all probate matters efficiently. Trust us to guide you through your real estate journey with our Fix and Sell Strategy, compassion, and unwavering expertise. #1 Probate and Trust Realtors in California #TrustPropertiesUSA #fixandsellstrategy #probatehomes #ProbateExperts #PartnerCare #whytpusa