Despite negotiating a settlement agreement, eXp World Holdings’ commission lawsuit challenges persist. On Thursday, Judge Stephen R. Bough, who is overseeing the Gibson suit, denied eXp’s motion to stay the case pending approval... Read more »
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Whether it’s refining... Read more »
“The first maxim of real estate is that all real estate is local,” Gringer said. “I’m in New York and I know the real estate market here is very, very different than... Read more »
If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many? Data... Read more »
West Penn MLS finally got its way in the Moratis commission lawsuit. Despite having opted into the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR), Judge William S. Stickman IV, who is overseeing... Read more »
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 »
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 »
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 »
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 »
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 »