High-profile real estate companies take aim at Gibson commission suit
Berkshire Hathaway Energy, Windermere, Hanna Holdings, EXIT Realty, William Raveis and Crye-Leike all denied antitrust allegations against them in new court filings submitted Monday
by Andrea V. Brambila Jan 30
New commission suit against Side, others filed — and all but settled
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit
by Jim Dalrymple II Jan 28
Judge orders eXp to turn over 'sweetheart deal' negotiation docs
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
by Andrea V. Brambila Jan 10
Weichert, following eXp again, suffers settlement setback
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'
by Jim Dalrymple II Dec 5
New appeal takes on settlement approvals of Compass, others
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
by Jim Dalrymple II Dec 3
NAR's settlement is up for final approval. Here's why that matters
The National Association of Realtors' commission settlement became an inciting incident for the most disruptive year for real estate in memory. A judge is expected to approve the deal Tuesday
by Jim Dalrymple II Nov 26
EXp suffers setback in bid for 'sweetheart' commission deal
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a 'collusive element'
by Jim Dalrymple II Nov 14
'Unconstitutional' court order risks NAR deal on appeal: Professor
Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a 'glaring appellate issue'
by Andrea V. Brambila Nov 12
Weichert follows eXp Realty's lead in settling commission lawsuits
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
by Jim Dalrymple II Nov 7
EXp punches back over criticism of 'sweetheart' commission deal
The virtual brokerage argued Tuesday that its settlement wasn't too small, and asked a court to reject attempts to force it back to the negotiating table
by Jim Dalrymple II Nov 5
Gibson commission case sees 4 more settlements
NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5M
by Jim Dalrymple II Nov 5
In latest Gibson ruling, judge offers clues on fate of NAR settlement
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals 'provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case'
EXp Realty's $34M settlement is a 'sweetheart deal': Gibson plaintiffs
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a 'reverse auction' should compel the brokerage to return to the bargaining table
by Taylor Anderson Oct 24
Seven homesellers object to deals reached in Gibson commission suit
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
A piece of chocolate cake being removed from the whole
Law professor estimates the plaintiffs' law firms are asking for only 3% of the total value of the deals when 'historic' business practice changes are taken into account
by Andrea V. Brambila Sep 17