Tag Archives: Hooper

EXp, Weichert settle Hooper buyer-broker commission lawsuit

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EXp and Weichert will pay a combined $42.5 million into a commission settlement fund. Two other defendants will pay an additional $1.5 million. Continue reading →

EXp, Weichert win preliminary commission settlement approval

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The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal. Continue reading →

Judge rebuffs bid to transfer case over alleged eXp ‘sweetheart deal’

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A federal judge in Georgia has rejected a bid to transfer a case against eXp Realty and Weichert to a federal court in Missouri over allegations the companies negotiated a “sweetheart deal” to resolve commission-related antitrust claims against them na… Continue reading →

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

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Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading →

Weichert, following eXp again, suffers settlement setback

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The company’s request to pause one case while cutting a deal in another was just denied. The denial highlights a controversy over a settlement method known as a “reverse auction.” Continue reading →

Weichert follows eXp Realty’s lead in settling commission lawsuits

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Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading →

EXp punches back over criticism of ‘sweetheart’ commission deal

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The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. Continue reading →