Byron Lazine and Nicole White discuss the Sitzer/Burnett trial and jury selection, the opportunity this trial represents for the National Association of Realtors (NAR), a Notorious R.O.B. Tweet, the potential cost of a ruling in favor of the plaintiffs, and a misleading Wall Street Journal editorial.
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This episode's sources:
https://twitter.com/robhahn/status/1714025465705578963
https://www.wsj.com/articles/burnett-v-national-association-of-realtors-home-buyers-sellers-brokers-commission-7e58fda0
https://www.housingwire.com/articles/datadigest-what-happens-if-1-million-real-estate-agents-disappear/
https://www.realestatenews.com/2023/10/16/jury-selection-underway-in-landmark-sitzer-burnett-trial
Timestamps:
00:00–00:38 Intro
00:38 The Sitzer/Burnett trial and the WSJ editorial
02:16 Tweet by Notorious R.O.B. – “The fate of the real estate industry…”
04:32 The opinion piece by the Wall Street Journal
08:05 Byron calls out WSJ for the inaccuracies in their editorial
17:34 “If shared commission is banned….” (Keefe Bruyette Woods report)
20:29 This is NAR’s last-ditch opportunity to show members extreme value
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#nationalassociationofrealtors #narlawsuit #nar
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