Dishin' Dirt with Gary Pickren

Dishin' Dirt on Are you Commission Steering and Don't Know it?

Season 5 Episode 266

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0:00 | 31:01

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Most real estate professionals are unknowingly walking into a legal minefield. On this eye-opening episode I expose the unseen risks lurking in everyday industry practices, revealing why the famous $1.5 billion verdict in the Sitzer/Burnett case was just the beginning.

I dive into the core issues of commission steering—covering how features in MLS systems, written listing agreements, and industry habits like broker-to-broker compensation and bonus structures can inadvertently set you up for legal trouble. You'll discover how seemingly innocent actions, like asking about compensation or filtering listings, can be spun into perceptions of undue influence, even without malicious intent. We're breaking down how these behaviors, often done out of laziness or ignorance, are now the hottest targets for plaintiff attorneys aiming for the next big jackpot.

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Gary

* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.