Remove by robert-davis
article thumbnail

Keller Williams faces another lawsuit by a former agent

Housing Wire

In February 2020, KW introduced a more restrictive policy to its profit-sharing program. They also claim it didn’t have the right to amend any aspect of the program’s method of calculating a market center’s profit-sharing contribution or a recruiting sponsor’s profit-sharing distribution, except as specifically directed by the IALC.

Agents 414
article thumbnail

Former agents continue to file lawsuits against Keller Williams

Housing Wire

In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits.

Agents 395
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Profit-sharing lawsuits continue to pile up on Keller Williams

Housing Wire

In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza and Jack Levine — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

Brokerage 392
article thumbnail

Former Keller Williams agents continue their legal actions 

Housing Wire

On Thursday, Louis Ronayne and Deborah Ronayne filed a complaint aiming for class-action status in the U.S. Lastly, they claim that any amendment made to the profit-sharing program was only allowed to be prospective and not retroactive.

Legal 372
article thumbnail

Keller Williams named to yet another profit-sharing lawsuit

Housing Wire

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

Brokerage 432
article thumbnail

List of lawsuits against Keller Williams continues to grow 

Housing Wire

Bueker, Robert E. Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. There are now seven class-action lawsuits against KW that challenge the company’s profit-sharing program adjustments. In the past few weeks, six agents formerly affiliated with Keller Williams — Jerri L.

Brokerage 359
article thumbnail

MISMO appoints Jan Davis as acting president

Housing Wire

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Davis’ appointment in this role follows the departure of former MISMO president Seth Appleton, who will join the U.S.