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Rhonda Burnett, the lead plaintiff, testified about her experience with a real estate agent from HomeServices of America subsidiary ReeceNichols. According to Burnett, the agent gave her a contract to sign with a commission rate of 6% already filled in, and she was told that the rate was non-negotiable. [12]
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...
Long ago, 6 percent was the going rate for real estate commissions; 3 percent to each agent. But after decades of competition and regulatory scrutiny, the typical commission now is slightly less ...
The Lanham Act prohibits "the deceptive and misleading use of marks" to protect business owners "against unfair competition." [4] The Act defines trademarks as "any word, name, symbol, or device or any combination thereof" used by any person "to identify and distinguish his or her goods, including a unique product, from those manufactured or sold by others and to indicate the source of the ...
Cornerstone Research utilizes both internal and external expert witnesses to provide testimony, utilizing faculty and industry experts. The company's practice areas include: accounting; antitrust and competition; bankruptcy and financial distress litigation; consumer fraud and product liability; corporate and government investigations; corporate governance; corporate transaction litigation ...
Average real estate commissions by state Overall, the national average Realtor commission in 2023 was 5.49 percent, according to data from Clever . In all but a few states, the average commission ...
Tri Energy was a business enterprise run by Henry Uliomereyon Jones, better known as Dr. Henry Jones, with associates Arthur Simburg and Robert Jennings.. Jones was a would-be record producer in Marina del Rey, California, running MIG Records (later renamed Global Village Records) and Marina Investors Group Inc. [1] Jones and his associates were convicted of running a fraudulent Ponzi scheme ...