A panel discussion about the challenges and opportunities to increase competition in the real estate industry through technological innovation.
A panel discussion about the challenges and opportunities to increase competition in the real estate industry through technological innovation.
It has been three years since the filing of two major antitrust lawsuits against NAR and certain major brokerages that challenged the way real estate agents are compensated (the Sitzer and the Moehrl cases).
With respect to remedies upon breach of contract, specific performance is a legal action brought in a court of equity to compel a party to carry out the terms of a contract, whereas liquidated damages is an amount predetermined by the parties to an agreement as the total amount of compensation an injured party should receive if the other party breaches a specified part of the contract.