Holly Parker, after more than 20 years with Douglas Elliman, joined Compass in February and subsequently filed a lawsuit claiming she is owed a 40% commission on 16 deals. Parker argues that while she signed an independent contractor agreement, side letters in 2020 and 2022 granted her rights to these commissions even if she left the company before 2025. The lawsuit reveals underlying tensions at Elliman, amidst leadership upheaval and an unsolicited acquisition offer from Anywhere Real Estate valuing the brokerage at over $4 a share.
Parker's lawsuit claims she is owed a 40% commission on 16 deals and argues that signed side letters confirm her right to commissions if she left by 2025.
The lawsuit highlights recent turmoil at Elliman, including leadership changes and an unsolicited acquisition offer from Anywhere Real Estate that valued the brokerage over $4 a share.
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