HousingWire reports that attorneys in the Sitzer/Burnett real estate commission lawsuit are seeking one-third of the $679 million settlement from NAR and HomeServices of America.
Judge Stephen R Bough granted final approval for settlements in commission lawsuits for Keller Williams, Anywhere and RE/MAX on May 9, 2024.
New York-based Douglas Elliman is the latest real estate firm to settle, agreeing to pay $7.75 million within 30 days of the proposed settlement’s preliminary approval, followed by two additional payments of $5 million each over the next three years.
On Friday, April 26, 2024, HomeServices of America agreed to a settlement in Sitzer/Burnett, et al, for $250 million.
The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.
In an interview with Yahoo Finance, Barbara Corcoran spoke on the NAR settlement and the confusion surrounding it, as well as what she expects from home prices and from buyer and seller behavior. She also answers the question, “When is it a good time to buy?”
This week, Knowledge Brokers hosts Byron Lazine, Tom Toole, and Lisa Chinatti are breaking down the latest antitrust lawsuit settlements with the National Association of Realtors (NAR) and Compass.
Shortly after the news broke about the NAR settlement, three national brokerages—Real, eXp, and Keller Williams—shared their reactions to the settlement terms. Ryan Serhant also shared his perspective in a CNBC interview.
The National Association of Realtors (NAR) has agreed to settle a series of antitrust commission lawsuits, paying $418 million in damages and revising commission rules.
Law firms for the Sitzer/Burnett plaintiffs are asking for one-third of the payouts from the RE/MAX, Anywhere, and Keller Williams settlements as payment for their five years and nearly 100K hours of work on the case.
Keller Williams announced a settlement they’ve reached in the Sitzer/Burnett lawsuit for $70 million, cutting the number of defendants down to two: the National Association of Realtors (NAR) and Home Services of America.
This week, BAM covered Week 2 of the Sitzer/Burnett trial, a new settlement for RE/MAX and Anywhere, new tech reveals from Real RISE 2023, the real estate industry’s PR problem, the AI plugin that’s changing YouTube, and 9 scripts to use with sellers.
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