Trending News: November 8, 2023

Today we’re joined by special guest and KW Leader, Stacie States, as we break down the shocking Sitzer | Burnett verdict, discuss the latest $500 Million Zillow acquisition, and look to the future of NAR as CEO Bob Goldberg retires early.

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Show Notes

Jury awards $5B to homesellers in landmark Sitzer | Burnett verdict: Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes. Read more

Zillow Group acquiring Follow Up Boss for up to $500M in quest for ‘housing super app’: Zillow is paying $400 million in cash up front, plus an additional $100 million cash earnout. Read more

NAR CEO Bob Goldberg to retire early after ’emergency meetings’: Goldberg had been set to leave at the end of 2024, but will now step down this month. Read more

Music by: Gloria Tells from Epidemic Sound

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