Jury Adds B to Legal Verdict Dividing Jogani Family’s Billion-Dollar Portfolio

Jury Adds $3B to Legal Verdict Dividing Jogani Family’s Billion-Dollar Portfolio

A two-decade-long court battle over a vast Los Angeles real estate fortune within the Jogani family ended this week with a payout verdict valued at $10 billion. An L.A. jury added $3... Read more »
Katy Perry’s Montecito mansion lawsuit reaches verdict

Katy Perry’s Montecito mansion lawsuit reaches verdict

The verdict is in! Katy Perry’s legal battle over that $15-million Montecito mansion has concluded. The “Teenage Dream” hitmaker purchased the mansion for herself and fiancé Orlando Bloom in July 2020 from... Read more »
Experts weigh impact of commission lawsuit verdict on future of NAR membership

Experts weigh impact of commission lawsuit verdict on future of NAR membership

Speculation is still swirling around what Judge Stephen Bough’s final ruling on the Sitzer/Burnett commission lawsuit will be and how it will impact the industry. Thanks to provisions in both Anywhere’s and RE/MAX’s... Read more »
What an appeal of the .8B Sitzer/Burnett commission lawsuit verdict will look like

What an appeal of the $1.8B Sitzer/Burnett commission lawsuit verdict will look like

While much remains unknown in the wake of the verdict in the Sitzer/Burnett commission lawsuit case, the one certainty is that all three defendants — National Association of Realtors, HomeServices of America and Keller Williams... Read more »
Brokers prepare for changes after Sitzer/Burnett commission lawsuit verdict

Brokers prepare for changes after Sitzer/Burnett commission lawsuit verdict

The real estate industry as agents and brokers know it has been turned upside down. It remains to be seen exactly what the guilty verdict in the Sitzer/Burnett commission lawsuit means for... Read more »
Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

KANSAS CITY, Missouri — After 11 days of testimony, the eight-person jury here took just a little over two hours to decide its verdict in the Sitzer/Burnett commission lawsuit trial. It found... Read more »