I would also like to add something. This Class Action suit covers an area that includes about 30,000 Realtors. If the judge OK's the request for treble damages then it would be approximately $5.4 billion. If my math is correct that would be $180,000 per agent. How do they expect to collect this? At best every agent would refuse to pay and quit and the real estate industry would collapse. NAR is a trade organization. The attorneys would have to chase all 30,000 agents individually. Please explain to me again... who gains from this other than the Class Action attorneys. Also, remember that the taxpayers are paying for this trial.
|