The Burnett case, commonly called Sitzer/Burnett, was a federal class action brought by Missouri home sellers. The plaintiffs alleged that NAR and several real estate companies participated in an anticompetitive arrangement tied to the Cooperative Compensation Rule and caused sellers to pay inflated broker commissions.
On October 31, 2023, the jury answered yes to the verdict questions asking whether a conspiracy existed, whether it raised or stabilized seller-paid commission rates, whether the named trial defendants joined it, and whether it caused the class to pay more. The jury stated damages of $1,785,310,872. NAR and other defendants later entered settlements; NAR continued to deny the allegations in its settlement agreement.
The resulting practice changes did not eliminate buyer-broker compensation. They moved offers of compensation off covered MLSs and added clearer agreement, approval, and disclosure requirements. That created a practical evidence problem: important terms may now be communicated across separate broker-approved agreements, emails, calls, websites, and negotiation records rather than one MLS compensation field.
VeriDealPro exists to make the disclosure record easier to reconstruct. It connects property-specific terms, seller-side authorization attestations, disclosure versions, professional acknowledgements, database UTC timestamps, audit references, and tamper-evident hash-chain context. It does not decide what compensation is owed, create a binding agreement, guarantee compliance, prevent litigation, or guarantee that a court will admit any record.