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Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
Another Real Estate Commission Lawsuit is Filed, This Time in Nevada

Another Real Estate Commission Lawsuit is Filed, This Time in Nevada

by Phil Hall | Feb 20, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Another week, another copycat lawsuit regarding real estate broker commissions! The latest was filed on Feb. 16 in Nevada, marking the second filed in the state this year. According to combined media reports, the new lawsuit involves Andrea Boykin, who sold her Las...
Justice Department Objects to Settlement in Real Estate Commission Case

Justice Department Objects to Settlement in Real Estate Commission Case

by Phil Hall | Feb 16, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Justice has made its first foray into the growing number of lawsuits regarding real estate commissions by asking a federal judge in Boston to reject a consumer settlement between a group of home sellers and a multiple listing service. Reuters is...
Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center

Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center

by Phil Hall | Feb 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City Transit Authority has filed a lawsuit against Westfield Corp. to prevent it from terminating its operations at the lower Manhattan commuter hub Fulton Center less than halfway into its 20-year lease. Fulton Center currently has 68 retail tenants....
And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

by Phil Hall | Feb 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The chain of copycat lawsuits over real estate broker commissions has expanded to Utah, which has become the 13th state where the National Association of Realtors (NAR) and leading brokerages are being sued over how brokers are paid. On Feb. 9, Dalton K. Jensen filed...
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