Fintech Company RealPage Accused Of Being A Housing Cartel That Drives Up Rental Prices Across The USA Plaintiffs in a lawsuit say Texas based fintech company RealPage allegedly created a ‘rental cartel.’ The rental cartel enabled landlords across the US to artificially drive up rental prices. Property management firms nationwide use the software sold by […]
Lawyers Who Just Won The $1.8 Billion Lawsuit Against The NAR Have Filed Another Real Estate Class Action Lawsuit The lawyers who just won the $1.8 billion lawsuit against the NAR over realtor commissions aren’t wasting anytime. They have filed a new real estate class action lawsuit. This time they are seeking class-action status covering […]
Compass Continues To Still Lose Money But Managed To Cut Losses In 3rd Quarter. Company Said The Sitzer/Burnett Case IS Not A Concern Compass executives were positively surprised in the third quarter of 2023. The company lost money again. However, the company grew by 26 basis points year over year. This was an increase of […]
RE/MAX Executives Have No Regrets Over $55M Lawsuit Settlement. Company Executives Say Ruling Will Have Little Impact On Their Business The earth shattering ruling against real estate industry last week is still sending shockwaves through the industry. A Missouri jury ordered the NAR and several large residential brokerages to reimburse homeowners $1.8 billion to $5 billion […]
Federal Court Rules Real Estate Industry Must Refund Homeowners $1.8 Billion. Amount Could Balloon To $5 Billion A Missouri jury has handed down a landmark ruling against the real estate industry. The court ordered the National Association of Realtors and several large residential brokerages to reimburse homeowners $1.8 billion to $5 billion for artificially inflating commissions. […]
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