Category: Bay East

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.

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

Celebrate the holiday season with the Marketing Groups! Purchase your Holiday Party tickets today!

  • Alameda INFORUM & Marketing Meeting (AIMM)
  • Real Estate Alliance of Livermore (REAL)
  • Central County Marketing Group (CCMG)
    • Friday, December 1, 6-10pm
    • Redwood Canyon Golf Course, 17007 Redwood Road, Castro Valley
    • Purchase Tickets Here
  • Valley Real Estate Network (VREN)
    • Friday, December 8, 6-10pm
    • Chianti Reserve Restaurant, 436 Main Street, Pleasanton
    • Purchase Tickets Here
  • Tri-Cities Marketing Council (TCMC)

We’ve created a new web page filled with resources for working with Buyers, including upcoming education events, legal resources, NAR updates and more. View the page here.

Making Sense of the NAR Lawsuit – Bay East Virtual Town Hall

Curious about what the lawsuit against NAR means for real estate professionals? Join Bay East CEO Tricia Thomas, and real estate attorney Bill Jansen in a virtual town hall meeting on Thursday, November 9 at 2pm. Learn how this litigation may impact your business and how you can prepare. Topics will include:

  • Why the lawsuit happened and what NAR may do next.
  • What agents should know about the buyer-broker agreement.
  • How to prepare for changes in the buyer-agent relationship.

Register here.

National Association of REALTORS® (NAR) President Tracy Kasper has issued a statement about the Burnett v. NAR lawsuit.