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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...
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

by Phil Hall | Jan 9, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) and the residential brokerages that were found liable in October for a $1.8 billion verdict in the Missouri-based Sitzer/Burnett trial have asked a federal judge to either reject the verdict or grant a new trial. According to...
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles

Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

by Phil Hall | Jan 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two months after the verdict in the Sitzer/Burnett trial rocked the real estate profession, another lawsuit was filed in Missouri challenging the commission structures of real estate professionals. Maryland resident named Daniel Umpa filed a complaint in the U.S....
Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions

Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions

by Phil Hall | Dec 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A corner of Warren Buffett’s business empire is being lassoed into the percolating controversy on real estate commissions. Reuters reported that Everest Consulting Group LP, an affiliate of Buffett’s Berkshire Hathaway (NYSE:BRK.A) and Anywhere Real Estate...
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