Weichert Realtors settled commission lawsuits with Hooper plaintiffs, echoing eXp's prior settlement; terms remain undisclosed and litigation continues regarding the Gibson suit.
Brian Icenhower on impact of commission lawsuits and low volume
Agents and brokerages are facing increased scrutiny post-commission lawsuits, leading to a shift towards more transparent and client-centric approaches.
Weichert Realtors settles the commission lawsuits
Weichert Realtors settled commission lawsuits with Hooper plaintiffs, echoing eXp's prior settlement; terms remain undisclosed and litigation continues regarding the Gibson suit.
Brian Icenhower on impact of commission lawsuits and low volume
Agents and brokerages are facing increased scrutiny post-commission lawsuits, leading to a shift towards more transparent and client-centric approaches.
Opt-in MLSs, brokerages seek preliminary approval of commission suit settlements
Brokerages and MLSs are seeking preliminary court approval for commission lawsuit settlements related to the NAR agreement.
A collective contribution of $30.6 million is in discussion from entities opting into the NAR settlement.
Done and dusted! Court grants final approval to eight brokerage settlements in Gibson suit
Legal settlements approved for brokerage firms involved in commission lawsuits, totaling over $110 million, reflecting accountability for colluding practices.
Compensation structure indicates significant financial recompense for plaintiffs' attorneys, showcasing the complexities of real estate commission disputes.
Objections abound as NAR settlement approaches final approval date
The upcoming approval hearing for the NAR settlement faces widespread objections from various plaintiffs challenging its fairness and effectiveness in curbing commission fixing.
Florida-based The Keyes Co. settles the commission lawsuits
The Keyes Co./Illustrated Properties settled commission lawsuits, reflecting a trend among brokerages responding to legal pressures in the real estate industry.
Mark Spain Real Estate is the latest to settle the commission lawsuits
Mark Spain Real Estate has settled commission lawsuits but hasn't disclosed the terms, joining several industry players in these settlements.
Nykia Wright details how NAR is trying to win back members
NAR's settlement decision in the commission lawsuits was viewed as the best option under the circumstances, despite mixed reactions from members.
Opt-in MLSs, brokerages seek preliminary approval of commission suit settlements
Brokerages and MLSs are seeking preliminary court approval for commission lawsuit settlements related to the NAR agreement.
A collective contribution of $30.6 million is in discussion from entities opting into the NAR settlement.
Done and dusted! Court grants final approval to eight brokerage settlements in Gibson suit
Legal settlements approved for brokerage firms involved in commission lawsuits, totaling over $110 million, reflecting accountability for colluding practices.
Compensation structure indicates significant financial recompense for plaintiffs' attorneys, showcasing the complexities of real estate commission disputes.
Objections abound as NAR settlement approaches final approval date
The upcoming approval hearing for the NAR settlement faces widespread objections from various plaintiffs challenging its fairness and effectiveness in curbing commission fixing.
Florida-based The Keyes Co. settles the commission lawsuits
The Keyes Co./Illustrated Properties settled commission lawsuits, reflecting a trend among brokerages responding to legal pressures in the real estate industry.
Mark Spain Real Estate is the latest to settle the commission lawsuits
Mark Spain Real Estate has settled commission lawsuits but hasn't disclosed the terms, joining several industry players in these settlements.
Nykia Wright details how NAR is trying to win back members
NAR's settlement decision in the commission lawsuits was viewed as the best option under the circumstances, despite mixed reactions from members.