Side seeks to dismiss Texas copycat commission suit

Side seeks to dismiss Texas copycat commission suit

While many brokerages have made the decision in recent weeks to settle the commission lawsuits, white-label brokerage Side is taking a different tack. On Friday, the firm filed a motion to dismiss... Read more »
Fathom Realty Agrees To Pay .95M To Settle Commission Lawsuit

Fathom Realty Agrees To Pay $2.95M To Settle Commission Lawsuit

The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Whether it’s refining your business model, mastering new... Read more »
Plaintiffs’ attorneys seek 0M from NAR, HomeServices commission lawsuit settlements

Plaintiffs’ attorneys seek $220M from NAR, HomeServices commission lawsuit settlements

Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the... Read more »
NextHome joins the list of firms to settle the commission lawsuits

NextHome joins the list of firms to settle the commission lawsuits

The James Dwiggins-helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via... Read more »
Side seeks to dismiss Texas copycat commission suit

DOJ will intervene in NAR’s commission lawsuit settlement: KBW analysts

Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National... Read more »
Side seeks to dismiss Texas copycat commission suit

The Real Brokerage settles Umpa commission lawsuit for $9.25M

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The Umpa suit is the only commission lawsuit in... Read more »
CHLA urges FHA’s equal treatment of homebuyers despite commission status

CHLA urges FHA’s equal treatment of homebuyers despite commission status

The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless... Read more »
Side seeks to dismiss Texas copycat commission suit

Newest commission lawsuit doesn’t seek class-action status

NAR and Compass have entered into nationwide settlement agreements for the commission lawsuits. While it may not be seeking class-action status like other commission lawsuits, the Wang suit takes aim at NAR’s... Read more »
Side seeks to dismiss Texas copycat commission suit

Opinion: Why real estate agents shouldn’t worry about commission changes

Snakes. Vultures. Con artists. Liars. These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I... Read more »
Side seeks to dismiss Texas copycat commission suit

Compass settles commission lawsuits for $57.5 million

Compass has joined the National Association of Realtors, Anywhere, Keller Williams and RE/MAX in settling the commission lawsuits. In a document filed with the Securities and Exchange Commission on Friday morning, the... Read more »