Howard Hanna Distances Itself From NAR in Buyer Lawsuit — RISMedia

Facing a $1.8 billion judgment and a cavalcade of copycat lawsuits after the Burnett verdict, the vast majority of real estate brokerages made the business decision to quickly settle, rather than risk more court losses. Presumably, the same logic would apply to lawsuits filed by homebuyers, which are not fully covered by settlements in the seller cases (consisting of Burnett and most of the copycats).

Howard Hanna, which has long shown an independent streak, might be finding success in a different approach to the buyer cases. As other companies appear to be moving toward striking deals in those lawsuits, the Pennsylvania-based brokerage is pushing ahead with a new defense in a new venue, according to a court transcript obtained by RISMedia.

“Maybe…