Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are ultimately the ones who pay through higher home prices. A mixed ruling on Tuesday will allow case to move forward. Continue reading
The company agreed to unspecified business practice changes and to make the payment to move forward from the commission lawsuits in Canada, which largely mirrored those filed in the U.S. Continue reading
Judge Stephen R. Bough of the U.S. District Court for the Western District of Missouri granted preliminary approval to the $895,000 deal, finding it “fair, reasonable and adequate.” Continue reading
In addition to Side, the fast-moving case — known as Keel for its lead homeseller — names as defendants Washington Fine Properties, Seven Gables Real Estate, Brooklyn New York MLS and others. Continue reading
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit. Continue reading
The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading
Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading
Cara Ameer writes that it’s more important than ever to tout the truth and legitimacy of what is involved with what real estate agents really do and what they are worth. Continue reading
The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida. Continue reading
Landian, a flat-fee and à la carte brokerage, offers $49 tours and $199 for written offers to sellers, but the real bombshell may be Sitzer’s involvement so soon after the $5B Sitzer | Burnett verdict. Continue reading