Former Douglas Elliman agent Holly Parker withdraws lawsuit
By: Jeff Andrews | Published: 2025-06-06 18:51:00 | Source: www.housingwire.com
The Real Deal was first to report the news.
Parker made the move to Compass in February after more 20 years with Elliman. She filed the suit in April, saying that she was owed a 40% commission on 16 deals. She claims in the complaint that Elliman was angry over her decision to leave.
The parties signed an independent contractor agreement upon her joining the firm, but according to Parker, she signed side letters in 2020 and 2022 that formalized her right to commissions if she left the company prior to 2025. This documentation should override the original agreement, she argued.
In addition to the clawback amount, she sought damages of $385,540.
According to the RealTrends Verified 2025 Team Rankings, the Holly Parker Team closed 91 sides in 2024 for a sales volume of $348.5…