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The $250M Settlement That will Impact the Industry

Industry Relations
Industry Relations
Episode • May 1, 2024 • 57m

HomeServices of America has reached a settlement in the slew of commission lawsuits. Now that a huge domino has fallen, what will happen next in the industry? Rob and Greg discuss  the next steps in the commission lawsuits and the potential challenges faced by copycat lawsuits. They also discuss the role of lawyers and the potential opt-out strategy for larger builders. And how fair are these settlements and will it potentially impact recruiting and retention efforts?

 

They discuss other major players like Compass, Keller Williams, and EXP, bringing to light the dynamic changes in the landscape, the controversy surrounding CoStar and Realtor.com, the future of Redfin, and discuss the upcoming NAR mid-year meetings.

 

This episode is packed with industry insights. 

 

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This podcast is produced by Two Brothers Creative 2024.