When confronted with the possibility of a market shutdown and a prolonged “rent holiday” in California at the onset of the COVID-19 pandemic, Scott Brady began looking for ways to further diversify his business model.
“I think about these brokers and associations that want to decouple and I wonder why. If they’re listening to this podcast, let’s give it a chance. Don’t do anything yet. Let’s give it a chance and see how we can all work together.”
The firm believes it should be covered by NAR’s settlement, which protects all real estate brokerages with a sales volume of less than $2 billion in 2022. It claims it is protected under NAR’s settlement because only Crye-Leike Inc. — which the company said did $1.75 billion in sales volume in 2022 — is named as a defendant in the Gibson suit.