Kevin Stewart’s Post

🚨 **Breaking News in Real Estate Industry!** 🏠💼 🔍 In a groundbreaking move, Keller Williams settles Sitzer/Moehrl commission suits for a staggering $70 million! 🤯 This marks the third major franchise to succumb to the bombshell commission lawsuit trend, following Anywhere Real Estate ($83.5M) and REMAX ($55M). 💰 Last year, the industry witnessed seismic shifts as settlements reached unprecedented levels. Anywhere Real Estate settled for a jaw-dropping $83.5 million, while REMAX resolved their case with a hefty $55 million payout. 🏡💸 📆 On October 31, 2023, Sitzer/Moehrl secured a monumental verdict of $1.78 billion, which is set to treble to a mind-blowing $5.3 billion! 📈 This verdict triggered a wave of two dozen copycat commission lawsuits nationwide, signaling a paradigm shift in the real estate landscape. 🌐⚖️ 🏢 The writing is on the wall! Changes are imminent in the real estate industry. Are you prepared for the upcoming transformations? 🤔✨ #RealEstateNews #CommissionLawsuit #KellerWilliams #IndustryShift #LegalUpdates #SitzerMoehrlSettlement #RealEstateChanges #TransformationsAhead #ReadyForChange #RealEstateRevolution 🏠🔄

#RealEstateNews #VerdictDrama #NARvsSitzerVsBurnett Ready for some real estate drama? The Sitzer vs. Burnett verdict has left the industry on edge. Will this landmark case shake things up? Who's bracing themselves? Let's discuss! #RealEstateIndustry #LegalBattles #blog https://lnkd.in/gBE9XFg9

🎙️ Join the conversation! 🏠 Tune in as Greg Wilkerson of South Cedar Real Estate dives into the latest NAR settlement and its implications. Curious about what this means for you? Let's connect and explore the options we're offering to our clients. 💬📩 #RealEstateInsights #NAR #SouthCedarRealEstate

Intriguing conversation with Douglas Elliman CEO Scott Durkin and CNBC's Robert Frank as they dive into the world of real estate, lawsuits, housing trends, and the ongoing debate over brokerage commissions. #RealEstateTalk #DouglasElliman #HousingMarket

Navigating probate real estate can feel like a maze. 🌟 But fear not! With eXp Realty NYC, you're getting a powerhouse of expertise, professionalism, and empathy. 🛠️ We're dedicated to helping executors and heirs sail smoothly through the sale of inherited properties. 🗝️💙 Ready to make this journey hassle-free? 🚀 Learn more about our specialized services! 👇 #ProbateRealEstate #InheritedPropertySale #eXpRealtyNYC #probatenyc #probatebrooklyn #probatecleanout #probaterealestatenyc

"Breaking news in the real estate world! Lawsuits have been filed in Arizona and Illinois against multiple industry players, including At World, Realty One, HomeSmart, Realty Executives, and various local real estate firms and Realtor associations. These lawsuits, which were just announced, are centered around commission disputes. Stay tuned for updates as this story develops. #realestate #lawsuits #commissiondisputes"

Two Vegas legends, two different outcomes. Howard Hughes' estate took 34 years to settle, while Frank Sinatra's trust kept his assets private. Learn more about estate planning and its impact! #HowardHughes #FrankSinatra #EstatePlanning

#InventoryGate: Is HW open to crowdsourcng lines of inquiry? Ask Anthony if homebuyers benefit at the expense of seller clients on pre-MLS listings, or do sellers benefit at the expense of buyers? If it’s either way, doesn’t that run risk of forfeiting the commission? Can buyers who have their own buyer agents have access to in-house listings pre-MLS, too? If not, doesn’t that undercut the case for the value fiduciaries provide in real estate transactions? Or, as some researchers and critics have argued, are off-market, exclusive listings: 1. A way to double dip some say will increase post class action lawsuits, and 2. A fair housing violation by definition because they exclude?

Are your belief systems holding you back? Join us at Live Rich—2024 Property Strategy, our Two-Day Virtual Exclusive Event on October 19th and 20th. DM me Live Rich for a ticket. #liverich #morethanmoney #conclave #markrolton #propertyoptions #secureyourfinancialfuture #smartinvesting #propertydevelopment #propertystrategist #propertydevelopment

The October 31st verdict reached by the jury in one of the class action lawsuits NAR (National Association of Realtors) is facing may have the potential to disrupt the way homes are bought and sold. To be clear, there is still a lot of unknowns and continued courtroom drama ahead of us, but it is worth considering the implications of this case and the future of real estate sales. There is A TON to consider with this case, both logistically and its potential ramifications, so apologies for even the below summary being so chock-full of text. For a much deeper dive, check out this week's newsletter via the link in comments. #realestate #realestateagent #classaction #realestatenews