EXp and Weichert will pay a combined $42.5M into a commission settlement fund
The real estate brokerages want to pause a commission case known as Gibson while they wrap up a different lawsuit. But the Gibson homeseller plaintiffs don't want their case put on ice
The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal
Firm joins fellow defendants Hanna Holdings and Berkshire Hathaway Energy in arguing that Judge Stephen R. Bough's Missouri court is not the appropriate venue for the commission case
Meanwhile, EXIT Realty reaches a proposed settlement with the homeseller plaintiffs in the case
The judge presiding over the Hooper suit emphasized that Gibson plaintiffs will be able to object to the proposed settlements through the court's approval process
Real estate companies eXp and Weichert will have to offer representatives who are best able to testify regarding settlement negotiations in the separate, but similar, Hooper commission suit
As the brokerages try to fend off allegations of a 'sweetheart deal' in a separate case, they respond to the antitrust complaint they're facing in a Missouri court
In court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper
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
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'
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'
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
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
Keller Williams' team owner, Dan Polimino claims the luxury home he sold through reverse auction found its true value.