Class action targets RealManage, HomeWiseDocs for 'unconscionable fees' charged to Home owners.

February 15,2022 | By ERICKSON J OCASIO

A group of Chicago condominium owners has launched another class-action lawsuit over what they call “unconscionable fees” charged to condo owners to access documents they need to complete the sale of their units. On Jan. 20, named plaintiffs Katherine M. Atkins and Zane Fulton, each a DuPage County resident who formerly owned condominiums in suburban Cook County, filed their putative class action complaint in Cook County Circuit Court against vendors RealManage and HomeWiseDocs. The plaintiffs are represented in the action by a collection of attorneys, including Thomas A. Zimmerman Jr., and others with the Zimmerman Law Offices, of Chicago; Rusty Payton, of Payton Legal Group, of Chicago; Arthur C. Czaja, of Niles; and Joseph S. Davidson, of the Law Offices of Joseph P. Doyle, of Schaumburg. The complaint takes aims at hundreds of dollars in fees the vendors allegedly charged to Atkins, Fulton, and other owners in

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Judge: Lawsuit OK to continue accusing Realtors Association, brokers of conspiracy to force home sellers to pay more

October 8,2020 | By Erickson Ocasio

A Chicago federal judge has refused to foreclose a nationwide class action lawsuit accusing the National Association of Realtors and some of the country’s largest real estate brokerages of conspiring to improperly lock in commission rates for real estate brokers and agents, costing homebuyers thousands more than they otherwise might pay if they were allowed to more effectively negotiate the pay earned by their agents. On Oct. 2, U.S. District Judge Andrea R. Wood denied the attempt by the NAR and its corporate co-defendants to dismiss the antitrust action. The judge said the plaintiffs in the case had done enough so far to support their allegations of a real estate broker “pricing system in which the seller is essentially locked into a buyer-broker commission rate upfront that neither the buyer nor the seller have the incentive or ability to negotiate.” “Each Plaintiff was a home seller required to pay a commission

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