Some members have received a fraudulent email impersonating the Bay East Accounting department, requesting a payment for their dues. If you have any concerns about the legitimacy of a communication or request from Bay East, please contact us directly at info@bayeast.org or 925.730.4060.
Month: December 2023
A proposed class action lawsuit relating to real estate broker compensation has been filed against the Bay Area Real Estate Information Service (BARIES) a broker-owned multiple listing service serving real estate professionals in Marin, Sonoma, Napa, Solano, and Mendocino counties and the National Association of REALTORS® (NAR), RE/MAX, Anywhere and others. This lawsuit appears to be of a similar nature to the highly publicized lawsuit brought against NAR and others in Missouri Federal Court. The Defendants have announced they will be vigorously contesting the matter, in part because unlike other Multiple Listing Services, they are not an NAR-related MLS.
Bay East will keep you advised regarding this litigation. If you are contacted by anyone involved in the litigation, we suggest you contact Tricia Thomas, Bay East CEO before engaging in any comments or discussions.
The California Association of REALTORS® has a summary of the litigation and what it means for brokers and agents.
The Bay East Mobile App is here! Access information anytime, anywhere. The app provides the latest updates, member info, and educational resources. Download the app today from the Apple Store or Google Play. Review the FAQ here.
On December 12, 2023, from 10-11am PST, NAR will hold a virtual economic and real estate summit that will provide a year-end review of 2023 and outlook on the real estate market and the economy for the year to come.
Dr. Lawrence Yun, NAR Chief Economist, will provide a wrap up of 2023 and forecast for 2024. In addition there will be two panels of expert economists and researchers on the residential and commercial real estate markets.
The event is free, but you do need to register. The event will be recorded and everyone who registered will be sent the recording. To view the full agenda, speakers, and register go to:
NAR Real Estate Forecast Summit