Colorado Attorney General Phil Weiser has filed a lawsuit against a Pennsylvania company that has the sole contract to handle the federal Public Service Loan Forgiveness program.
Re/Max sues competitor eXp Realty over efforts to lure away agents
Courtesy of Re/Max)
Denver-based real estate brokerage franchisor Re/Max has sued a competitor that has lured away some of its agents.
Re/Max filed a lawsuit Thursday in Denver District Court against Washington-based eXp Realty, accusing the firm of “tortious interference with existing contracts.”
Re/Max’s franchise model is key to the dispute. The company, which says it has over 135,000 agents, notes that its offices are independently owned and operated. The franchise agreements “are not at-will contracts and contain specific provisions governing termination,” including specific end dates.
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