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California Realtors Publish Open Letter Explaining Settlement Terms

California Realtors Publish Open Letter Explaining Settlement Terms

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

The California Association of Realtors (CAR) has published an open letter in nearly 40 California newspapers designed to clarify the facts surrounding the recent settlements by the National Association of Realtors and several major brokerages regarding the homebuying...
Douglas Elliman Announces Settlement Over Commission Fees

Douglas Elliman Announces Settlement Over Commission Fees

by Phil Hall | Apr 29, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Douglas Elliman Inc. (NYSE: DOUG) has become the latest brokerage to announce a settlement that will resolve class action lawsuits related to real estate agent commission fees. Under the terms of the settlement agreement, Douglas Elliman will pay $7.75 million within...

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