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Michael Ketchmark filed the brand new lawsuit simply moments after a jury sided along with his purchasers within the Sitzer | Burnett case. The brand new go well with claims one other batch of corporations dedicated a conspiracy
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Simply minutes after a jury sided with a gaggle of homeseller-plaintiffs Tuesday within the bombshell Sitzer | Burnett trial, lawyer Michael Ketchmark filed a brand new class motion lawsuit accusing one other batch of big-name actual property corporations of partaking in a conspiracy.
Ketchmark filed the case in the US District Courtroom for the Western District of Missouri on behalf of homesellers Don Gibson, Lauren Criss and John Meiners. The case echoes the Sitzer | Burnett go well with in difficult the observe of getting homesellers pay gross sales commissions to patrons’ brokers. Each fits, in addition to the high-profile Moehrl case in Illinois, describe this observe as the results of an trade conspiracy that inflates each agent commissions and prices to customers.
The brand new case names seven defendants: Compass, eXp World Holdings, Redfin, Weichert Realtors, United Actual Property, Howard Hanna Actual Property, Douglas Elliman, and the Nationwide Affiliation of Realtors.
Inman reached out to the defendants within the new case Tuesday. Howard Hanna declined to remark, and the others didn’t instantly reply. Inman will replace this story with any extra commentary the defendants present.
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