article thumbnail

Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

According to the suit, the Campolis worked with Mark Grieger, their neighbor and an agent brokered at Anywhere-backed Coldwell Banker Realty , to list their home in Deephaven, Minnesota, for $3.3 They are demanding a jury trial and more than $75 million in punitive damages and compensation for litigation costs and emotional distress.

Realty 397
article thumbnail

Minnesota targets right-to-list agreement firm MV Realty in new lawsuit

Housing Wire

MV Realty is facing more legal action, this time in Minnesota. The firm — which is now infamous for its right-to-list agreements — is being sued along with its Minnesota branch, MV Realty of Minnesota , and the companies’ shared executive, Amanda Zachman.

Realty 448
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NAR seeks dismissal of Muhammad antitrust suit

Housing Wire

Originally filed in October by Maurice Muhammad, a broker at Progressive Realty , the suit claims that NAR, along with other Realtor associations and executives, have violated federal civil rights statutes, engaged in unlawfuldiscriminatorypractices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

Realtors 397
article thumbnail

Douglas Elliman fires brokerage CEO Scott Durkin

Housing Wire

In a document filed on Friday with the Securities and Exchange Commission (SEC), the firm announced the termination of Douglas Elliman Realty CEO Scott Durkin, as first reported by The New York Times. Douglas Elliman continues to shake up its leadership team. According to the filing, Durkin was “terminated, effectively immediately.”

Brokerage 433
article thumbnail

MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. MV Realty operated in 33 states and has more than 500 real estate agents. MV Realty did not return a request for comment.

Realty 476
article thumbnail

Real estate execs launch coaching platform with an eye for helping fellow women

Housing Wire

These include Kamini Lane (CEO of Coldwell Banker Realty ), Jodi Hall (former chief operating officer at Countrywide Mortgage ), Monica Reynolds (former vice president of Keller Williams MAPS Coaching ) and Leslie Appleton-Young (former chief economist for the California Association of Realtors ).

article thumbnail

Kentucky passes bill to end ‘harmful’ listing contracts 

Housing Wire

Kentucky is on the brink of ending exclusive real estate listing contracts. The state’s General Assembly passed a bill to protect homebuyers from predatory contracts known as non-title recorded agreements for personal services (NTRAPS) or right-to-list agreements.

Contracts 448