NAR lawsuit x Michael Ketchmark

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Check out one of the ads that are popping everywhere.

May be an image of 3 people and text that says '< Consumer Protection Rights Sponsored … Real Estate One, Inc. is currently under investigation for potential commission-related issues. If you engaged a realtor through Real Estate One, Inc. to buy a house in Michigan prior to 2021, know your rights. Speak with a lawyer at no cost today. Did you buy a home in Michigan through Real Estate One, Inc. before 2021? If so, your realtor may have charged you excessive commissions. Read on to see if you may be entitled to compensation. Attorney Advertising. consumerclassadvocates.co You may be entitled to compensation. Learn more'

How is something "excessive " when there is no set price?

The current proposed settlement is for the Seller class action lawsuits. This ad is for Buyers to feed the buyer class action lawsuits that are not a part of the current settlement.

If you saw the updates, once the other one is approved, it goes out to everyone who may be included in the class.

It’s going to be in almost everyone’s mailbox and ads. Eventually, it will be to the point that everyone gets a check for $12 bucks.

Which brings me to Michael Ketchmark:

Michael Ketchmark — the lawyer who put profits over people in the NAR lawsuit.

This personal injury attorney was unknown to the real estate world but famous in Missouri’s circles of power and influence. He’s a star lawyer who won a $2.2 billion verdict in the early 2000s and is a high-profile political donor in the state.

Ketchmark and his legal team wasted little time after their big win and immediately filed a similar suit against other major brokerages.

NAR let the public and the real estate community down.

The lawsuit was without merit, impacting their inability to articulate to the ignorant. Its effect on the bottom line resulted in a ruling that will confuse buyers and sellers for a long time.

Just wait for the lawsuits of all the unrepresented buyers — VA, first-time buyers, those that need the most representation!

As unhappy as I am with NAR. This is also an attack from the higher up.

The elites are sabotaging many industries. It’s time for America to wake up and realize that it’s coming straight from the top.

It’s not politically motivated. It’s about controlling the people.

Best,

Alexa

P.S. If you’re worried about the NAR settlement and having a hard time planning how to change your team’s approach, talk to our partner here who are doing an excellent job training their 10,000+ agents for this transition.

Reserve your spot early in case they open up more slots.