James Mullis has appealed the final approval of settlements totaling $110M — a move that suggests the battle over how agents practice and get paid is far from over
Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others
In a filing outlining costs and expenses, plaintiffs' attorney Michael Ketchmark estimates he has spent 7,000 hours on Gibson and other commission suits for work totaling $10.1M since 2019
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent 'substantial benefits' for sellers
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Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman have reached agreements in the case, and the court has preliminarily approved those settlements
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman
Rivals in the Windy City spat over sales figures claims