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Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit

Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit

by Phil Hall | Feb 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Keller Williams announced it has agreed to a $70 million settlement in the Sitzer/Burnett lawsuit that challenged the commission structure of real estate professionals. Company founder and Executive Chairman Gary Keller announced the settlement in an internal email,...
Hits and Misses for the Real Estate Week of Jan. 15-19

Hits and Misses for the Real Estate Week of Jan. 15-19

by Phil Hall | Jan 19, 2024 | Commercial Real Estate News, Hits and Misses, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Another cockamamie broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 15-19. Miss:...
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

by Phil Hall | Jan 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Another lawsuit aimed at how real estate professionals earn their commissions was filed this week in Los Angeles. The new case was filed on Wednesday in U.S. District Court in Los Angeles by Gael Fierro and Patrick Thurber, two home sellers who named the National...
Real Estate Investor Grant Cardone Files Defamation Lawsuit for $100 Million

Real Estate Investor Grant Cardone Files Defamation Lawsuit for $100 Million

by Phil Hall | Jan 12, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real estate investor and social media personality Grant Cardone has filed a $100 million defamation lawsuit against former T-Mobile CEO John Legere for calling him a “con man” and a “bulls**t artist.” According to a New York Post report, Cardone filed a lawsuit in...
California City Takes State Housing Mandate Case to Appeals Court

California City Takes State Housing Mandate Case to Appeals Court

by Phil Hall | Jan 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Huntington Beach, California, is pressing ahead in a legal challenge against the state’s housing mandates. The Los Angeles Times reported the city filed an appeal in the Ninth Circuit Court of Appeals yesterday seeking a reversal of a November decision...
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