4min chapter

Industry Relations cover image

Commission Lawsuit Aftermath: What Brokerages Need To Do

Industry Relations

CHAPTER

The Soft Injunction Apocalypse

The case is all about do buyer agents steer consumers, their customers away from properties that don't offer enough compensation. So in order to deal with that, the court could say, not only is the mandatory rule gone, but you are not allowed to share commissions. In other words, you have to pay your own agents. If it's a soft injunction apocalypse, what happens? "I think we take it on the chin and I think we're going to be okay"

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