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
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
Opinion
In the wake of potentially massive lawsuits and a maelstrom of mismanagement at the top of NAR, real estate's tech innovators have an opportunity to win back consumers on behalf of agents
The National Association of Realtors' legal team on Monday blamed the ruling on the judge. The plaintiffs' attorney, meanwhile, said NAR hadn't 'learned anything' from its 'resounding defeat'
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes