Schedule Details:
Length | 63 Hours (Over 2 Weeks)
Delivery | In-Person
Location | 7009 Dr Phillips Blvd #110 Orlando, FL 32819 United States
Dates | Dec 2 - Dec 13, 2024
Times | 5pm - 10pm EST
Frequency | Monday - Friday (Weekdays)
eXP CEO Glenn Sanford Voices Concerns About Commission Lawsuits’ Impact on Buyers
Commission lawsuits in the real estate sector are becoming increasingly prevalent, causing industry professionals to worry. Glenn Sanford, eXp World Holdings' CEO, recently voiced his fears about the potential repercussions of these lawsuits on low-income buyers. Sanford's primary worry centers around affordable housing access for low-income buyers. With the rise of commission lawsuits, Sanford is apprehensive that the legal costs will ultimately be shouldered by the buyers. This could further complicate the process for low-income individuals striving to enter the housing market and achieve homeownership. The Sitzer/Burnett verdict, which found real estate agents guilty of antitrust violations by conspiring to fix buyer broker commissions, has brought the issue of commission lawsuits to the forefront. The far-reaching implications of this verdict have ignited debates about the future of buyer broker commissions.