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Former Keller Williams Real Estate Agents Sue Over Profit Share Changes - Vimarsana News

Former Keller Williams Real Estate Agents Sue Over Profit Share Changes

One of the class-action suits seeks $250 million in damages while the other is asking the court for a preliminary injunction to stop Keller Williams from distributing profit share payments.

Source: inman.com
KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim - Vimarsana News

KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim

Three former agents filed class action lawsuits alleging the company violated contracts by massively reducing some agents’ payments.

Keller Williams faces three lawsuits tied to its profit-sharing program - Vimarsana News

Keller Williams faces three lawsuits tied to its profit-sharing program

Three agents formerly affiliated with Keller Williams Realty have taken legal action against the brokerage in three separate lawsuits.

CNN The Whole Story With Anderson Cooper June 4, 2024 00:14:00 - Vimarsana News

CNN The Whole Story With Anderson Cooper June 4, 2024 00:14:00

Less than the servers and bartenders. when you go back and you reenter this atmosphere again, you realize, we have an opportunity to change things. >> in 2022 the morale assisted away with tips instead charging a service fee. the added health insurance at a profit sharing program. three times a year, they open their books to the staff. >> we are looking at all of the sources of sales and how we break them up. we want to make sure that there is that transparency, like there's no way that we are walking away benefiting from this change. >> you guy's charge 22% service charge. how do you utilize ...

CNN The Whole Story With Anderson Cooper June 4, 2024 03:14:00 - Vimarsana News

CNN The Whole Story With Anderson Cooper June 4, 2024 03:14:00

General managers are making less than the server and bartenders. when you go back and re-enter this atmosphere again, you realize, we have an opportunity to change things. >> in 2022, the morales' did away with tips instead charging a service fee. a they added health insurance and a profit sharing program. three times a year they open their books to the staff. >> we're looking at all the sources of the sales and how we break them up. >> we want to make sure there's that transparency. there's no way that there is -- that we're walking away benefitting from this change. >> main courses are here....