Mark Willis reclaims the CEO chair at Keller Williams

Mark Willis is Keller Williams’ new CEO, according to an announcement on Wednesday. Willis’ first KW CEO tenure was from 2005 to 2015, and he returned to the company in July as a strategic consultant. Continue reading

Jury finds in favor of homeseller plaintiffs in Sitzer | Burnett trial

Jurors on Tuesday shocked the real estate industry, awarding damages adding up to $5.36 billion to homesellers after deliberating for 2 hours and 28 minutes. Continue reading

Sitzer | Burnett closing arguments wrap as judgment day approaches

In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions. Continue reading

Gary Keller takes stand in person as Sitzer | Burnett verdict nears

Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week. Continue reading

‘Rabbit gets the gun’: The essential guide to Week 1 of Sitzer | Burnett

Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading

Gary Keller, Bob Goldberg among first to testify in Sitzer | Burnett

As the long-awaited commission trial begins, the Kansas City courtroom saw opening arguments followed by testimony from industry heavy-hitters including Gary Keller, NAR CEO Bob Goldberg and HomeServices of America President and CEO Gino Blefari. Continue reading

Full court press: What to know as the commission battle starts today

The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won’t see — it’s all here as the long-awaited Sitzer | Burnett commission trial unfolds this week. Continue reading

Franchisee drops misconduct claim against Keller Williams, Gary Keller

Inga Dow filed a notice in the U.S. District Court for Northern Texas on Monday dismissing claims against all but former KW CEO John Davis, who she said harassed and abused her while KW did nothing. Continue reading

John Davis files a racketeering lawsuit against Keller Williams

Three months after a Texas judge sent former Keller Williams CEO John Davis’ $300 million fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims. Continue reading

Will profit share cuts drive agents back to Keller Williams’ arms?

This week in The Download: Keller Williams President Marc King warned that agents who’ve left the company will see their profit-sharing slashed unless they boomerang within six months. Continue reading