News From the World Wide Web, Not the Regular Blog

NextHome joins the list of firms to settle the commission lawsuits by Brooklee Han for HousingWire

Posted on by FromAround TheWWW

HousingWireHousingWire

The James Dwiggins-helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a brief filed last week.

The filing does not note how much NextHome has agreed to pay or what, if any, business practice changes it will implement. Additionally, there was no indication of when the settlement may receive preliminary or final approval. 

NextHome joins The Keyes Co., HomeSmart, Redfin, United Real Estate, Douglas Elliman, Realty One Group, At World Properties, Anywhere, RE/MAX, Keller Williams, Compass, HomeServices of America and The Real Brokerage in settling the commission lawsuits.

The National Association of Realtors has also settled the commission lawsuits. Its agreement was granted preliminary approval by a court in late April and is slated for a final approval hearing in late November. 

NextHome did not return HousingWire’s request for comment. 

​

FromAround TheWWW

A curated News Feed from Around the Web dedicated to Real Estate and New Hampshire. This is an automated feed, and the opinions expressed in this feed do not necessarily reflect those of stevebargdill.com.

stevebargdill.com does not offer financial or legal guidance. Opinions expressed by individual authors do not necessarily reflect those of stevebargdill.com. All content, including opinions and services, is informational only, does not guarantee results, and does not constitute an agreement for services. Always seek the guidance of a licensed and reputable financial professional who understands your unique situation before making any financial or legal decisons. Your finacial and legal well-being is important, and professional advince can provide the support and epertise needed to make informed and responsible choices. Any financial decisons or actions taken based on the content of this post are at the sole discretion and risk of the reader.

You might also like

How is mortgage M&A activity shaping up for 2025? by Flávia Furlan Nunes for HousingWire
December 27, 2024
Appraisal readiness steps highlight staff training and quality control  by Anna DeSimone for HousingWire
December 27, 2024
11 real estate social media marketing strategies that actually work by Emile L’Eplattenier, Meghan Thibault for HousingWire
December 26, 2024

Leave a Reply