On this special episode of The Real Word, Byron Lazine and Nicole White discuss yesterday’s verdict announcement for the Sitzer/Burnett trial, reactions from real estate professionals, what we can expect, and what it means for the real estate industry.

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This episode's sources:

https://www.youtube.com/watch?v=rnG-8ZoHT0o (“Breaking News: Sitzer/Burnett Verdict In”)

https://nowbam.com/the-verdict-is-in-the-sitzer-burnett-jury-awards-plaintiffs-1-785-billion/

https://nowbam.com/whats-next-for-the-real-estate-industry-reactions-to-the-sitzer-burnett-verdict/

Timestamps:

00:00–00:32 Intro

02:14 “I was shocked with the ultimate decision… ”

02:53 This is the first of what will likely be many trials.

07:16 NAR attorney talked down to the jury

08:21 “Those five witnesses for the plaintiffs, where were their five agents?”

10:22 NAR’s pathetic legal defense (and misuse of member dues)

11:06 “Now, you’re faced with a national lawsuit.”

12:22 The jury said yes to four out of the five questions.

13:06 NAR reaction to the Sitzer/Burnett verdict

15:05 “Is there any scenario where NAR would consider settling?”

16:21 Byron’s 90-minute live coverage (w/ open phone line)

17:41 Clips from yesterday’s pre-verdict episode of The Real Word

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#nar #commissionlawsuit #nationalassociationofrealtors