Kevin Sears

Here's what Kevin Sears says. Commissions are entirely negotiable, and they have been for the entirety of the 30 years that I've been a real estate licensee and a realtor.

Here's what Kevin Sears says. Commissions are entirely negotiable, and they have been for the entirety of the 30 years that I've been a real estate licensee and a realtor.

Yeah, I take great offense at that characterization. There's over 3 million across the country, and we have only half of those licensees as members. Consumers have tremendous choice right now. They can choose who to hire, what to pay, or to go it on their own. The fact that we are...

Yeah, I take great offense at that characterization. There's over 3 million across the country, and we have only half of those licensees as members. Consumers have tremendous choice right now. They can choose who to hire, what to pay, or to go it on their own. The fact that we are...

Yeah, I take great offense at that characterization. There's over 3 million across the country, and we have only half of those licensees as members. Consumers have tremendous choice right now. They can choose who to hire, what to pay, or to go it on their own. The fact that we are...

the only national organization that has reached to all 50 states, and we have the ability to lobby in our nation's capital, that's a good thing, not only for our members, but for our industry and for the American consumers who rely on us to promote private property rights and the protections thereof.

the only national organization that has reached to all 50 states, and we have the ability to lobby in our nation's capital, that's a good thing, not only for our members, but for our industry and for the American consumers who rely on us to promote private property rights and the protections thereof.

the only national organization that has reached to all 50 states, and we have the ability to lobby in our nation's capital, that's a good thing, not only for our members, but for our industry and for the American consumers who rely on us to promote private property rights and the protections thereof.

Unfortunately, a jury of eight in Missouri found us liable in federal court. And as a result, there was a jury verdict of $1.8 billion. Since it was an antitrust case, that meant it was tripled up just shy of $5.4 billion. We did not have the resources when it came to being able to satisfy that jury verdict. And so... we negotiated with the plaintiffs on a settlement.

Unfortunately, a jury of eight in Missouri found us liable in federal court. And as a result, there was a jury verdict of $1.8 billion. Since it was an antitrust case, that meant it was tripled up just shy of $5.4 billion. We did not have the resources when it came to being able to satisfy that jury verdict. And so... we negotiated with the plaintiffs on a settlement.

Unfortunately, a jury of eight in Missouri found us liable in federal court. And as a result, there was a jury verdict of $1.8 billion. Since it was an antitrust case, that meant it was tripled up just shy of $5.4 billion. We did not have the resources when it came to being able to satisfy that jury verdict. And so... we negotiated with the plaintiffs on a settlement.

The settlement does have a financial component. Over the next three years, the National Association of Realtors will pay $418 million as part of the settlement. There are a couple of other things that come along with that. The first is that the settlement was part of our agreement where we didn't admit to any wrongdoing.

The settlement does have a financial component. Over the next three years, the National Association of Realtors will pay $418 million as part of the settlement. There are a couple of other things that come along with that. The first is that the settlement was part of our agreement where we didn't admit to any wrongdoing.

The settlement does have a financial component. Over the next three years, the National Association of Realtors will pay $418 million as part of the settlement. There are a couple of other things that come along with that. The first is that the settlement was part of our agreement where we didn't admit to any wrongdoing.

We do believe that the practices were legal, meaning that they were allowed by the law. But with that said, we did agree to make some practice changes. There's two major components to the practice changes. The first has to do with the multiple listing service. There will no longer be allowed an offer of cooperating compensation displayed on the multiple listing service.

We do believe that the practices were legal, meaning that they were allowed by the law. But with that said, we did agree to make some practice changes. There's two major components to the practice changes. The first has to do with the multiple listing service. There will no longer be allowed an offer of cooperating compensation displayed on the multiple listing service.

We do believe that the practices were legal, meaning that they were allowed by the law. But with that said, we did agree to make some practice changes. There's two major components to the practice changes. The first has to do with the multiple listing service. There will no longer be allowed an offer of cooperating compensation displayed on the multiple listing service.

With that said, offers of compensation can still be made off the MLS. The second big change has to do with buyers. If buyers want to tour a home, they can expect to have a written agreement presented to them where it will spell out the services that will be provided by the realtor and the fee that that realtor will be looking to get paid.

With that said, offers of compensation can still be made off the MLS. The second big change has to do with buyers. If buyers want to tour a home, they can expect to have a written agreement presented to them where it will spell out the services that will be provided by the realtor and the fee that that realtor will be looking to get paid.

With that said, offers of compensation can still be made off the MLS. The second big change has to do with buyers. If buyers want to tour a home, they can expect to have a written agreement presented to them where it will spell out the services that will be provided by the realtor and the fee that that realtor will be looking to get paid.