Industry Relations
The Sitzer Burnett Lawsuit: Reactions to Gary Keller’s Testimony
Oct 25, 2023
Hear reactions to Gary Keller's testimony in the Sitzer Burnett lawsuit. Discover insights on the potential impact of the lawsuit on the real estate industry. Learn about the lack of awareness regarding negotiability of contracts in real estate. Speculate on the motivations of pillars of society involved in the case. Discuss the judge's ruling and upcoming week of the trial. Explore the creation and popularity of the '#SitzerBurnett' hashtag. End with an ad for 'Content in a Box' by 'Two Brothers Creative'.
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Quick takeaways
- The outcome of the Sitzer Burnett lawsuit will depend on the jury's response to the plaintiffs' arguments and expert testimonies regarding the lack of transparency and negotiability of commissions.
- The defense in the Sitzer Burnett lawsuit might face limitations in highlighting the positive aspects of cooperation and compensation within the MLS system due to the per se analysis; the jury's interpretation of this analysis will impact the weight given to the defense's arguments.
Deep dives
Main Idea 1
The first week of the Citropranette trial started with the Wall Street Journal article that criticized N.A.R., referring to it as a cartel. The defense argued that the article showed a bias against N.A.R. and its model. The plaintiffs focused on the training materials and claimed that they highlighted the lack of transparency regarding commissions and the misconception that they are not negotiable. The defense countered by stating that the training materials demonstrated the importance of negotiating commissions. The jury's response to the plaintiffs' arguments and expert testimonies will play a crucial role in determining the outcome of the trial.
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