Brokerage punished with $5M verdict in agent poaching case

  • William Raveis Real Estate and a former Douglas Elliman branch manager have been ordered to pay millions in damages for recruiting Elliman agents while the branch manager was still employed by Elliman.

Power up your Indie Brokerage
Don't miss our Indie Broker Summit SF, July 17, 2018

Competition for agents, especially top producers, is par for the course among real estate brokerages. But a jury has found that one prominent firm crossed the line — and is making the firm pay dearly for it.