Redfin to Settle Commission Lawsuits, Paying $9.25 Million
According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached
According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached
The endlessly adaptive and creative real estate industry is already preparing to turn today’s settlements into tomorrow’s success stories. Industry leaders are poised to leverage
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week
The settlement domino effect appears to be accelerating. Only one company—Keller Williams—chose to settle commission-focused lawsuits in the three months between November 2023 and February
Lawyers for Keller Williams fired back at former CEO John Davis in a court filing this week, claiming he is using the judicial system as
HomeServices of America, the last (and largest) of the original four brokerages targeted by class-action, commission-focused lawsuits, today announced it has settled claims that the
The parent company of @properties and Christie’s International Real Estate today became the latest brokerage to settle seller commission lawsuits, according to court filings, and
With commission-focused lawsuits filed by recent homesellers seemingly headed toward resolution through a patchwork of settlement agreements, the real estate industry is now pivoting to
A federal judge appears to be leaning toward dismissing at least some of the claims against eXp in a lawsuit filed by an agent—Anya Roberts—who
Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of six judges today denied an attempt by plaintiffs in commission-focused class-action lawsuits
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