"The Oppenheim Group's Justin Itzen, who is based in its Newport Beach office, held an exclusive listing agreement for 1318 Outrigger Drive with the seller, a shell company called Lachman Estate. Under terms of the listing agreement, Itzen would market the property for just under $10 million beginning in January 2024 for as much as a 5 percent commission."
"The Oppenheim Group said over $26,000 was spent on marketing and staging the home for showings. It alleged in its lawsuit the sellers conspired to defraud [the brokerage] into canceling the listing agreement so that the property could be listed by other brokers without any payment to the Oppenheim Group."
"The brokerage claimed in a lawsuit filed last week in Orange County Superior Court that it's owed thousands of dollars in lost commission and other damages, alleging Paul Daftarian and his Daftarian Group conspired with the sellers of a home in the Newport Beach neighborhood of Corona del Mar to push the reality star's brokerage out of compensation on a listing."
The Oppenheim Group filed a lawsuit against Paul Daftarian and the Daftarian Group in Orange County Superior Court, claiming they conspired with property sellers to fraudulently remove the brokerage from a Corona del Mar listing deal. The Oppenheim Group's Justin Itzen held an exclusive listing agreement for a Newport Beach property valued at nearly $10 million with potential 5 percent commission. The brokerage invested over $26,000 in marketing and staging. The lawsuit alleges the sellers, through shell company Lachman Estate and related entities, deliberately canceled the listing agreement to allow other brokers to handle the sale without compensating The Oppenheim Group. The complaint includes charges of fraudulent transfer, breach of contract, and unjust enrichment.
Read at therealdeal.com
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