Real Trends: Real Trending

From REAL Trends, the trusted source for real estate industry news, this is REAL Trending episode 52. We're breaking down the trends and events of the week and showing how they impact brokers and agents. I'm Steve Murray, president of REAL Trends. Today we're discussing the class-action lawsuits and the amended complaint, how some real estate flippers and investors are hiring Uber drivers to find properties that may be available, and last, some changes at the top of Compass. So let's jump right in. Most people in the industry have heard that some leading plaintiff law firms around the country joining forces, and have come up with a few purchasers of homes to file a class-action lawsuit, basically claiming that realtors’system of unlimited cooperation and compensation violates antitrust law and that there's a conspiracy to hide information from the public. We've commented on this once before