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“Greetings from Missouri!” Millions are finding commission lawsuit postcards in the mail. Agents say it’s an opportunity

Housing Wire

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. JND Legal Administration is in charge of distributing the mailers, emails and press releases.

Agents 388
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Drama in the Myrtle Beach real estate scene

Housing Wire

Two Myrtle Beach Century 21 franchises have filed a lawsuit against eXp Realty , alleging that eXp Realty agent Joel Barber stole profits and private real estate data during secretive, “unauthorized” late night office visits. accessing “password-protected” company computers to steal client data. and 5:30 a.m. and 5:30 a.m.

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Proposed Anywhere settlement: no NAR buyer commission rule, no NAR membership needed

Housing Wire

“We believe this is the right course of action to remove future uncertainty and ongoing legal expense, serving the best interests of the company, our affiliated agents and franchisees, and shareholders, and enabling Anywhere to focus on moving real estate to what’s next.”

Buyers 424
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Douglas Elliman settles the commission lawsuits

Housing Wire

The settlement agreement reflects Douglas Elliman’s commitment to mitigating future uncertainties and limiting legal costs, which will benefit our Company, agents and stockholders,” Howard M. In addition to the monetary settlement, the firm has also agreed to change certain business practices as part of the settlement agreement.

Brokerage 360
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Umpa commission lawsuit defendants look to get case dismissed

Housing Wire

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. 27, 2019, and the present — 118 different client agreements that are subject to arbitration fall under the laws of 35 different states. “The

Realty 365
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Nevada real estate firms hit with second commission lawsuit

Housing Wire

In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by their clients (homebuyers),” the complaint states. This would lead to competition among buyer brokers to offer lower commission rates.

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Copycat commission lawsuits filed in Florida, Pennsylvania

Housing Wire

Juan Baixeras, the broker/owner of family-run Florida Realty of Miami, said he is hopeful that the state Realtor association will help him out and offer guidance. In an email, Marla Martin, a spokesperson for Florida Realtors, said the trade group was working on a statement about the allegations. These allegations are absurd.

Realty 417