Tag: Keller Williams

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Federal Jury Finds Realtors Liable for $1.8 billion in Damages in Conspiracy to Keep Commissions High

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file photo by Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, on Tuesday, a federal jury in Missouri found the National Association of Realtors (NAR) and several major brokerage firms guilty of conspiring to artificially maintain high real estate agent commissions, leading to nearly $1.8 billion in damages. The lawsuit was brought by around 260,000 home sellers in Missouri, Kansas, and Illinois, who claimed that the NAR and prominent brokerages like Keller Williams, Anywhere, Re/Max, and HomeServices of America had conspired to inflate commissions paid to real estate agents, impacting the cost of home transactions for both sellers and buyers. The verdict holds the defendants responsible for the damages, which could be tripled to over $5.3 billion under U.S. antitrust law.

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Keller Williams Red Day May 12 is Red Day

Keller Williams Red Day,0104_205725904561686446_o
May 12,2016
the staff of the Ridgewood blog

Ridgewood NJ, Today MAY 12, 2016 is Keller Williams Red Day, the day we give back to our communities around the world.

What is Red Day?

Introduced in 2009, RED Day, which stands for Renew, Energize and Donate, is Keller Williams Realty’s annual day of service. Each year on the second Thursday of May, associates celebrate Mo Anderson’s birthday by spending the day away from their businesses serving worthy organizations and causes in their communities. RED Day is just another example of our commitment to each other and to the cities and towns where we live and work. Join us!

https://www.kw.com/kw/redday.html#.VzSMZdUrKVM