And The Largest Information Of 2023 Is … Inman’s High 10 Tales Of The Yr
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Trying again at this yr, it’s no shock that 9 out of Inman’s prime 10 most-read tales of the yr have been fee lawsuit centered. The tenth story, at No. 9 on the checklist, was about Keller Williams cutting profit sharing for brokers who fled to rivals.
As a result of we’re positive you bear in mind these tales all too properly, we’ll simply get to it with out additional ado. Listed here are the highest information tales of 2023, ranked by readership.
By Inman, initially revealed Oct. 16, 2023
The eight-member jury within the Sitzer | Burnett trial is deliberating on the twelfth day of the trial.
Jurors awarded full damages totaling $1.78 billion to homesellers after deliberating for two hours and 28 minutes. Stay protection continued with statements from the winners and losers.
By Andrea Brambila, Oct. 31, 2023
Jurors within the two-week fee trial shocked the actual property trade, awarding an astonishing $5.36 billion in damages to homesellers after deliberating for two hours and 28 minutes.
By Andrea Brambila, Oct. 29, 2023
Sirocco / Shutterstock.com
A decide granted class certification in a federal fee swimsuit that would rock the actual property trade and affect how brokers are compensated nationwide.
By Andrea Brambila, Nov. 8, 2023
Getty Photos
“Batton 2,” exponentially bigger in scope than Sitzer | Burnett and the Moehrl fee fits, was filed in Illinois and took intention at most of the defendants in one other new swimsuit referred to as Gibson.
By Andrea Brambila, Sept. 18, 2023
spxChrome and Getty Photos
The deal resolved claims in each the Sitzer and Moehrl antitrust instances. The franchisor agreed to vary its enterprise practices, together with “now not forcing homesellers to pay purchaser’s brokers.”
By Ben Verde, Oct. 2, 2023
Glenn Kelman of Redfin. Picture By: AJ Canaria of MoxiWorks
In a message to staff, Redfin CEO Glenn Kelman cited NAR’s harassment scandal and different grievances as causes for calling on 1,800 Realtors to cancel memberships.
By Andrea Brambila, Oct. 6, 2023
Gwoeii / Shutterstock.com
An lawyer for the Sitzer | Burnett homeseller plaintiffs referred to as the change a “beautiful act of contrition” on the eve of a class-action trial.
By Andrea Brambila, Sept. 5, 2023
Getty Photos, Thomas De Wever, Werner Schnell, Christian Thiel, EyeEm
Precise phrases have been revealed when the plaintiffs requested the court docket to approve the deal, however an lawyer for the plaintiffs mentioned the franchisor was the primary of the defendants to comply with “change its practices.”
By Andrea Brambila, Aug. 23, 2023
Gary Keller
The franchisor drastically slashed revenue share for “vested KW brokers who actively compete with our brokerages” until they return inside six months, Keller Williams President Marc King mentioned.
By Taylor Anderson, Oct. 6, 2023
Getty Photos, Thomas De Wever, Werner Schnell, Christian Thiel, EyeEm
Among the many proposed adjustments, Wherever mentioned its company-owned brokerages, franchisees and affiliated brokers would now not be required to belong to the Nationwide Affiliation of Realtors.
