SOTM 10: The Lawsuit That Could Kill Realtor Associations and the MLS

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 13 March 2019

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Last week, a class action lawsuit was filed against the NAR (among others) on behalf of “all persons who paid a broker commission since March 6, 2015 in connection with the sale of residential real estate listed on one of the Covered MLSs.” The MLSs included in the class action complaint cover major real estate markets and have serviced millions of consumers since 2015. While similar suits against the NAR have failed to go the distance, the law firms leading this one are among the most successful in the nation. Find out what could happen if they win on today’s State of the Market podcast! Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:17.2	So the big question is this, how do most agents who don't have access to the secrets that the top agents hoard to themselves grow and prosper in today's real estate environment?
0:19.2	That is the question and this podcast will give you the answers.
0:23.0	I'm Pat Hyman and welcome to real estate rock stars. All right guys. We've tried the new show for a number of episodes and the
0:39.8	downloads have spoken you guys loved this show.
0:43.4	Wow I am so honored that we can do an engaging and fun
0:48.1	and current show that agents from all over the world
0:51.7	are listening to and learning from about
0:53.7	what's happening in our beloved real estate industry. So we're going to keep it up.
0:57.6	We're excited and welcome to today's state of the Market.
1:12.0	Welcome, Rock Star Nation. Thanks for tuning into the State of the Market podcast
1:15.0	with your host Pat Hybin and Kevin Coffman. Hey, what's up Rockstar Nation. You may have some sound differences today and I apologize for that. I had a dilemma at my house where I had
1:34.0	HVAC company have to come in at unexpectedly this morning and started jacking up
1:39.2	my floors and ceilings and I had to leave it.
1:43.0	I'm at Starbucks, it's kind of noisy,
1:45.0	but the show must go on and there was some good stuff that I needed to talk about today.
1:50.0	So Kevin Kaufman is out today and his business partner and a realtor, well-known realtor,
1:57.0	Mr Nolly Williams is my co-host.
1:59.0	Welcome to State of the Market Nolly.
2:02.0	Hey, thank you, Pat.
2:03.0	Glad to be here, man.
2:04.7	Hey, why don't you tell her about yourself, Nollie,
2:06.8	so they get to know you better?
	...

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