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Court Report: Class-Action Lawsuit Settlements Abound

USA Real Estate News-RISMedia - 3 hours 1 min ago

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of April 2024 saw many settlements in the class-action lawsuits facing the National Association of REALTORS® (NAR), brokerages, and MLSs. (For a full list of these lawsuits and their scope,…

The post Court Report: Class-Action Lawsuit Settlements Abound appeared first on RISMedia.

Anywhere CEO: ‘Settling Commission Litigation Early Gives Us a Leg Up On the Competition.’

USA Real Estate News-RISMedia - 3 hours 21 min ago

Above, Ryan Schneider Making the decision to be the first company to settle class action lawsuits last September has and should continue to give brokerage giant Anywhere Real Estate a major leg up on moving forward regarding how buyer agents conduct their business, according to President and CEO Ryan Schneider. Responding in-depth to questions following…

The post Anywhere CEO: ‘Settling Commission Litigation Early Gives Us a Leg Up On the Competition.’ appeared first on RISMedia.

Supercharge Your Business for a New Era of Real Estate

USA Real Estate News-RISMedia - 4 hours 15 min ago

Change is no longer on the horizon. It’s here. Now more than ever, RISMedia’s 36th Annual CEO & Leadership Exchange is a can’t-miss gathering of more than 400 of the industry’s most powerful residential real estate decision-makers. Join us on September 4 – 6 at the historic Mayflower Hotel in Washington, D.C., where 100 of…

The post Supercharge Your Business for a New Era of Real Estate appeared first on RISMedia.

Douglas Elliman Settles Lawsuits, With Over Half of Payment ‘Contingent’

USA Real Estate News-RISMedia - 6 hours 8 min ago

The settlement domino effect appears to be accelerating.  Only one company—Keller Williams—chose to settle commission-focused lawsuits in the three months between November 2023 and February 2024, even as hundreds of companies were named in dozens of Burnett copycat suits across the country following a $1.8 billion verdict against the industry. Now, in the last month…

The post Douglas Elliman Settles Lawsuits, With Over Half of Payment ‘Contingent’ appeared first on RISMedia.

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