197: Real estate lawsuits mean buyer agents may be going away for good.

Selling Greenville

Real estate is under the legal microscope as the National Association of Realtors along with several major real estate brokerages recently lost the Sitzer/Burnett case that alleged realtor commissions have been anti-competitively fixed by the NAR and major brokerages. More lawsuits are coming, and the question is: what exactly does it all mean for the future of real estate? Will buyers agents be going away for good, forcing people to dial back the clock to when they only worked with listing agents? Will major brokerages be going out of business? Will there even be realtors in a few years? We don't know all the answers yet, but there's still a lot to discuss about what we do know.
As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at [phone] or by email at [e-mail].