The LIEB CAST

Analyzing How the NAR Lawsuit Could Reshape and Disrupt the Real Estate Industry

November 02, 2023 Andrew Lieb / Lauren Lieb / Alex Licitra Season 2 Episode 109
The LIEB CAST
Analyzing How the NAR Lawsuit Could Reshape and Disrupt the Real Estate Industry
Show Notes

Attorney Andrew Lieb dives deep into analyzing the implications of the landmark $5.3 billion verdict against NAR and major real estate brokerages in the class action lawsuit. On this episode of The Lieb Cast, Andrew breaks down the antitrust allegations at the center of the case and what the jury's decision could mean for the future of how home sellers and buyers work with real estate agents. He explores possible outcomes of the looming appeal and discusses how the rules of the MLS system and broker commission structures may be disrupted. Andrew also considers what innovative new business models or technologies could emerge as real estate professionals adapt to an industry undergoing significant change in the wake of this high-stakes litigation.