Ep 39 Exclusive Interview with Arizona Realtors CEO: Inside the Real Estate Compensation Lawsuits

Beau and Scott discussed the operations of the Arizona Association of Realtors, including its role as the largest Political Action Committee in the state. Scott, the association's CEO, shared his transition from a law firm to a role in real estate and the ongoing class action lawsuits involving the National Association of Realtors and multiple listing services. They also debated the fairness of the current system where sellers cover the buyer's agent's commission, and the potential outcomes of the ongoing case, including changes to the Multiple Listing Service and monetary damages. Scott and Beau also clarified misconceptions about class action certification and the importance of compliance with regulations to protect themselves and their clients in real estate transactions.

 

Arizona Association of Realtors website: aaronline.com

 

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