Sitzer | Burnett judge consolidates 2 nationwide commission suits

The Gibson and Umpa cases allege Berkshire Hathaway Energy, eXp, Redfin, Weichert, United Real Estate, Douglas Elliman, HomeSmart and others conspired against homesellers nationwide. Continue reading

60-day clock begins for brokerages seeking to opt into $418M NAR deal

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading

Pulte objects to Sitzer | Burnett settlements: What’s in it for me?

U.S. homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn’t appear to exist. Continue reading

Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett

The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading

HomeServices tells court it’s too early for $4.7B Sitzer ruling

The Berkshire Hathaway affiliate says final judgment in the case shouldn’t come before settlements are finalized, a process the franchisor does not expect to be “uncontroversial.” Continue reading

Who’s out: The brokerages not covered in the NAR settlement

More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Continue reading

How commission chaos divided the real estate industry into 4 factions

The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading

Court weighs $4.7B Sitzer ruling against last holdout HomeServices

Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle. Continue reading

Sitzer | Burnett plaintiffs’ attorneys ask for a third of settlement payout

After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX. Continue reading

Baird & Warner at center of latest commission lawsuit filed in Illinois

Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant. Continue reading