Details Emerge from the Anywhere and RE/MAX Settlements

Going beyond the headlines

We have known for a while now that Realogy/Anywhere and RE/MAX have reached a settlement with the plaintiffs in both Burnett and Moehrl. I wrote about that initially after the RE/MAX settlement.

In that post, I said that I didn’t want to write about the settlements until we saw the actual settlement agreements, but that given the news, I had to comment briefly. Well, we now have the actual settlement agreements. At least, the RE/MAX settlement agreement — and I assume the Anywhere settlement is more or less identical.

The news is filled with stories about the details of the settlement, but none of them reveal anything new, because they’re simply rewrites of press releases.

We go beyond that here, so let’s do just that. Remember, I read these things so you don’t have to, but I am not your lawyer; please consult your own attorney for actual legal advice and valid legal opinions.