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Above: Alex Vidal. Photo by AJ Canaria. Shortly after REMAX President Alex Vidal joined the brokerage after three years at ERA Real Estate, Compass—which now owns ERA—filed a lawsuit against Vidal for allegedly violating a non-compete agreement. Filed in Texas on Sept. 19, the case was recently moved to the Delaware Court of Chancery.  The…

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Leading economic indicators in the month of September stayed essentially “flat,” according to an Oct. 22 press release from business research firm The Conference Board.  The Leading Economic Index (LEI), a measure of where the economy is headed based on 10 component indicators, remained at 99.6 (assuming a 100-point baseline equivalent to 2016 economic conditions)…

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After three years, a closely watched lawsuit centered on alleged sex trafficking and assaults at eXp events reached a settlement, just a few days after the trial began. The lawsuit, filed by eXp agent Anya Roberts against two former eXp recruiters—David Golden and Michael Bjorkman—reached a confidential settlement, according to court filings, two days into…

The post Woman Suing Former eXp Agents for Assault Reaches Settlement, Other Cases Still Ongoing appeared first on RISMedia.

Six MLSs are joining together in a federal lawsuit against Compass, escalating and consolidating opposition to the mega-brokerage as a long-simmering confrontation between incumbent listing service platforms and the arch-disruptor mega-brokerage appears destined for a prolonged court battle. Filed in the federal Southern District of New York yesterday by Arizona Regional Multiple Listing Service, REColorado,…

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