Burnett v. NAR Summary Judgment Opinion: Per Se Liability!
December 21, 2022
About a week ago, the judge in the Burnett v. NAR case (formerly Sitzer v. NAR) handed down his ruling in the motion for summary
Articles filed under V.I.P.
Exploring the Worst Case Scenario: Copycat Litigation & Peculiar Hell for the Local MLS
December 12, 2022
In my last post exploring the worst case scenario from the commission lawsuits (Sitzer, Moehrl), I mentioned that MLSs will be going through their own
Exploring the Worst Case Scenario: On Bankruptcy
December 7, 2022
Had a conversation recently with the CEO of a large MLS who desires anonymity. But who he is is unimportant since the topic is the
[VIP] Redfin 3Q22: Back to the Future
November 21, 2022
I have had to think about Redfin after Q3 of 2022. Redfin has been my favorite brokerage for years now for a few reasons. I
[VIP] 3Q22, Compass: Unique Value Proposition?
November 17, 2022
This will be, I think, relatively brief. Compass reported its Q3/2022 numbers and… well, it’s not good. That was expected since every real estate company
[VIP] Opendoor 3Q/22: I Can See Clearly Now
November 10, 2022
As most of you know, I am a big giant iBuyer bull, which means I am a big giant Opendoor bull. I am long OPEN
[VIP] Zillow 3Q22 Earnings: Lonesome Dove
November 9, 2022
Zillow reported its 3Q/22 results last week and it was one of the most anticipated earnings calls for people following the real estate industry,
[VIP] 3Q22 CoStar Group: The House of the Rising Sun
October 30, 2022
Last year I published a special Red Dot on CoStar after its entry into residential real estate. I subtitled it, “The Rising Sun” for a
Department of Labor Goes After Independent Contractors
October 19, 2022
As longtime readers know, I’ve been talking about the possibility of the 1099 exemption for real estate agents going away for quite a few years
