The Gibson plaintiffs seek to transfer the Hooper suit to Missouri, allowing Judge Stephen Bough to oversee the approval of eXp’s settlement.
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Real estate professionals will be looking to the recent decision in the Moratis commission lawsuit as they seek clarity on the outcomes of related cases. (Image generated by AI in Midjourney)
In the nearly 12 months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, much […]
A total of 13 brokerages and 15 non-Realtor-owned MLSs opted into the NAR settlement, contributing $30.6 million to the settlement fund.
Fathom Holdings, the parent company of Fathom Realty, has joined the list of corporate brokerages to settle the commission lawsuits.
In a document filed with the Securities and Exchange Commission on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. The agreement settles all related claims nationwide and […]
“I don’t think there’s any evidence to suggest that there will be pressure on commissions,” Compass CEO Robert Reffkin said in an earnings call one week after a jury sided with plaintiffs in the Sitzer/Burnett case.
HomeServices claims that no evidence has been presented to show they conspired with other defendants on rules or commissions.
Through the first week of the trial, the plaintiffs’ central argument has been that despite the defendants having antitrust rules and regulations in place, documents from the firms suggest that they are knowingly violating their own rules.
The third day of the highly consequential Sitzer/Burnett buyer broker commission lawsuit included a deep dive into the training materials used by brokerages and the testimony of three of the named plaintiffs.