Pocket Listing Lawsuit Renews Attack on ‘Clear Cooperation,’ Ineffective Agents
A pocket listing startup suing the National Association of REALTORS® (NAR) is seeking to push forward with its claims that...
Posts by Jesse Williams
Settlements Face 11th Hour Delay in Dispute Over Buyer Immunity
Plaintiffs in Batton, the largest commission-focused case filed by homebuyers, are seeking to delay approval of settlements that brokerages agreed...
Opendoor Predicts Falling Commissions, Hopes to Benefit From Settlement
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market...
Douglas Elliman Settles Lawsuits, With Over Half of Payment ‘Contingent’
The settlement domino effect appears to be accelerating. Only one company—Keller Williams—chose to settle commission-focused lawsuits in the three months...
Keller Williams Blasts Lawsuit by Former CEO as ‘Public Relations’ Stunt
Lawyers for Keller Williams fired back at former CEO John Davis in a court filing this week, claiming he is...
@properties and Realty ONE Group Settle Commission Lawsuits
The parent company of @properties and Christie’s International Real Estate today became the latest brokerage to settle seller commission lawsuits,...
NAR Settlement Receives Preliminary Approval, Faces Further Scrutiny
A federal judge today promptly issued preliminary approval to the landmark settlement agreement struck last month between the National Association...
Stellar MLS CEO Stands Tall as Industry Faces Tough Questions Post-Settlement
Compensation is being removed from the MLS, and buyer agents will be required to sign written agreements with clients. Those...
Keller Williams ‘Controls’ Agents Who Made Illegal Spam Calls, Judge Rules
In a case that could have broader implications for nearly every large real estate company, a federal judge ruled earlier...
Brokerages Claim Buyer Lawsuits Barred by Statute of Limitations
With commission-focused lawsuits filed by recent homesellers seemingly headed toward resolution through a patchwork of settlement agreements, the real estate...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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