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The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit

The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit

by Phil Hall | Apr 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced a $9.25 million settlement agreement to resolve the pending class action litigation in one of the post-Sitzer/Burnett copycat lawsuits regarding the commissions paid to real estate professionals. Under the terms of the...
Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

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....
Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Seattle-area brokerage created by a former reality television star and an ex-police officer has joined The Real Brokerage (NASDAQ: REAX). Kirkland, Washington-based MDG Residential is led by Jason Mesnick, who starred on the thirteenth season of the ABC series “The...
The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit

Sunny Narang Group Joins The Real Brokerage

by Phil Hall | Nov 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ:REAX) announced that the Sunny Narang Group has joined the company. Led by Sunny Narang and Chris Fordinal, the 64-agent team serves Los Angeles County’s San Fernando Valley and is on track to close 300 transactions this year with a...
Legends Real Estate Joins The Real Brokerage

Legends Real Estate Joins The Real Brokerage

by Phil Hall | Oct 13, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced the Sacramento-based brokerage Legends Real Estate, led by John Pope, has joined the company. Founded in late 2022, Legends Real Estate and its 56 agents serves the three-county greater Sacramento metropolitan area....
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