Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yeah I'm going to charge more. Because these aholes are not the boss of me. I do more, so why shouldn't i? My clients don't disagree. I don't see that changing.

Nov 11, 2023 02:20 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

Sherman Antitrust Act prohibits me from discussing commissions but, suffice it to say, I'll keep doing what I'm doing! I'll keep explaining to my clients & potential clients my value and why I do what I do but, only they will know what I charge!

Nov 11, 2023 07:34 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Nope. 🤔

#1 CA is not affected by this lawsuit due to our CAR forms.
#2 We're years away from results due to the court of appeals.
#3 This was a frivolous lawsuit in principle since all commissions are always negotiable. So unless someone screwed the pooch in Missouri, there's many a slip twixt a cup and a lip.

When you hire me you choose from a 7%-6%-5% rate sheet and the menu of services that correlates accordingly. 

By the way Richie Alan Naggar - great icebreakers this week, you've had some great Q&A contributions lately.

Nov 11, 2023 04:03 PM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA

Well, nothing is finalized yet. If things don't go our way, I will simply move to something else. 

Nov 11, 2023 02:32 PM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

In Oregon we are trying to make buyer contracts mandatory per state law. This will enable buyer's agents to negotiate directly with their buyers on their fee - and to demonstrate their worth.

Nov 11, 2023 09:07 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I thank God that I am retired Richie Alan Naggar but then again I used to have both sides more often then not being the Broker for the developers, Builders, and Contractors and it usually ended up being 3-4% so it would not be a change for me if I were active. I imagine many Brokers who represented a clientele like mine may just go to a salary.

Nov 11, 2023 02:55 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services


The operative word here is "may" bring changes.  I have not invested much if any, energy or thought into what "may" happen.  I am aware of the lawsuits and drama taking place. 


As a listing agent, my fees will always be my fees. I do not "compete" with how low will you go.  I raise the bar, not lower it.  


I do not expect much to change. Many things happen in life that I do not expect, yet when the unexpected happens, I deal with them. 


If/when the time comes, I will consult with my attorney about the best way to structure, including addendums if necessary, to ensure my proverbial backside, and that of my clients, are covered. 


Nov 11, 2023 02:24 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It makes me wonder if it will drive a lot of agents out of real estate since they won't want to work as hard.

Nov 12, 2023 04:10 AM
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I'm keeping my options open for now and waiting to see what happens with all the copycat suits. I suspect we will see a lot of flat fee brokerages pop up.

Nov 11, 2023 07:03 PM
Patricia Feager, MBA, CRS, GRI,MRP
Selling Homes Changing Lives

Here in Texas we are not allowed to discuss commissions. 

Nov 11, 2023 06:16 PM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

I expect more dual agency transactions.  

Nov 11, 2023 12:52 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Like Bob "RealMan" Timm I am retired, parked and reading. They have been trying through threatened litigation and actual litigation to attack commissions for years. Change will come as it always does but not until long after I grace the other side of the grass. No worries, be happy!

Nov 12, 2023 04:48 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

The appeals process could take years, so don't think much will change real soon.

Nov 11, 2023 03:01 PM
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Hanging on and watching.  Not sure next year will be the year of change. 

Nov 11, 2023 02:40 PM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I don't see any change as commissions are still negotiable

Nov 11, 2023 09:29 PM
John Juarez
The Medford Real Estate Team - Fremont, CA

I will survive.

I will also not discuss details in a public forum.

While I agree with Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets, that California's long-standing real estate practices may to protect us from litigation, the cat is out of the bag as far as the general public is concerned. Many will think they will not be entitle and enabled to pay less than in the past for seller and buyer representation. We need to learn to manage this change.

Nov 12, 2023 08:53 AM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I doubt if we see much change. When sellers start wondering why no one is showing their house, they'll offer reasonable commission. Sellers that continue to offer 4.5-6% will most likely get their homes sold first.

Nov 12, 2023 08:52 AM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't see any significant changes in the way listing Brokers operate.  These suits are all about the money and paying for the lawyer's next vacation home.  I don't see the cooperation model being struck down as illegal.  If anything, more states will need to be like California and have the SOC in the listing agreement.  At the core, these suits are about the seller not knowing.

Nov 12, 2023 09:18 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Still too soon to tell. Forms will be presented to us from our board. 

Nov 12, 2023 05:51 AM
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I was already working on a menu of services based on the client's needs so I definitely think there will be a change. 


Nov 12, 2023 01:37 PM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Some things are finalized here in NYC with changes set to occur for Jan 1, 2024- so only about 6 weeks away.  While I mentioned this in a couple of places in Active rain previously- there is a new commissions lawsuit that just occurred focusing on our trade organization, REBNY, which is a substitute for NAR. We also don't have an MLS.  REBNY focused on a policy that was based on a model of fairness- i.e. equal payment to both buyer and seller brokers at a minimum - though a higher buyer agent payment could be established. There is also an option for the seller to pay a lesser payment to a buyer's agent or no payment if requested.  I don't want to comment beyond what is available publicly as my firm and 25 other NYC brokerages were also named in this suit. 

Nov 14, 2023 07:39 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I never engage in races to the bottom, let others become discounts, I'd rather focus on quality work for quality clients.

Nov 13, 2023 06:45 AM