Tag Archives: keller williams

MLS PIN settlement approved after overcoming judge’s qualms

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Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading →

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

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Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading →

John Davis files a racketeering lawsuit against Keller Williams

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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 →

Brokers fear losing commissions, agents if lawsuits succeed: Survey

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Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows. Continue reading →

Keller Williams’ profit sharing move shouldn’t come as a surprise

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People are pointing fingers and raising hell over KW’s recent profit share announcement, writes broker Troy Palmquist. But why is everyone so surprised? Continue reading →

NAR seeks to suppress DOJ probe from jury as commission trial nears

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The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading →

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

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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 →

Keller Williams agent killed in boat accident before Mega Agent Camp

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Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68,000 for funeral costs. Continue reading →

Keller Williams cuts profit sharing for agents who fled to competitors

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The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading →

Compass agent says she was axed for speaking out at school board

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California-based agent Janet Roberson told Inman she was dismissed from Compass after her testimony at a school board meeting caught the attention of her team leader earlier this month. Continue reading →