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Dismissal Denied
No exit for major brokerages as judge keeps commission lawsuits alive
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Splits and Caps Daily: Action for Agents
December 17, 2024
đ Market Move:
Commission Clash Continues
The buyer agent commission lawsuits are heating up, and a U.S. District Judge just shut down motions to dismiss from a group of brokerages, including Hanna Holdings, eXp, Weichert, Berkshire Hathaway Energy and more. Translation? The fight isnât over.
These brokerages argued everything from âwrong venueâ to âwe shouldnât even be in this caseââall denied. The judge believes the plaintiffs made solid claims about anticompetitive practices and jurisdiction ties to Missouri.
For agents and brokers, this is yet another sign: the commission structure youâve always known is under scrutiny, and this wave of litigation isnât slowing down anytime soon. Stay sharpâbig changes could be coming.t thatâs heating up for both buyers and sellers. Buckle upâthis rideâs just getting started.
đQuote of the Day:
"A year from now you may wish you had started today." â Karen Lamb
⥠Quick Win:
âWant to Move Up?â Email: Craft a quick email to your past clients who bought starter homes. Ask if theyâre considering upgrading and share why now might be the right time. Plant the seed!
đ Fun Fact of the Day:
Real Estate in the Air: In Japan, some homes come with the right to the air above them. The "air rights" can be worth more than the house itself!
đ Book Recommendation:
"Rejection Proof: How I Beat Fear and Became Invincible Through 100 Days of Rejection" by Jia JiangâAlright, hereâs the dealâmost people are terrified of hearing âno.â But Jia Jiang? My guy went looking for it. For 100 straight days, he put himself in situations where rejection was almost guaranteed. Ask a stranger for $100? Rejected. Request free donuts shaped like the Olympic rings? Surprisingly accepted.
The point? Rejection isnât a death sentence; itâs a skill. Jiaâs journey will make you laugh, cringe, and, most importantly, rethink how you handle the word âno.â If youâre in real estate, rejection comes with the territoryâclients ghost you, deals fall apart, offers get ignored. But this book flips the script. Youâll walk away fearless, bulletproof, and ready to chase what you want.
Donât dodge rejectionâcollect it. Because every ânoâ is just practice for the âyesâ that changes everything.
Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your bizâgo get it!
Wrapping up for now! Stay relentless, keep your eyes on the prize, and rememberâsuccess rewards those who take action. Letâs crush it!
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