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New rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect. At the time of listing a property, the home seller negotiated with the listing agent what the compensation would be for a buyer's agent, which appeared on the MLS. "Now, the buyer chooses how much the buyer's agent makes, the sellers choose how much the seller's agents make," Glenn Kelman, CEO of online real estate brokerage firm Redfin, told CNBC. Any confusion around the new practices among agents and consumers will likely be temporary, said Kerry Melcher, head of real estate at Opendoor. "Real estate agents are good at moving the market," she said.
Persons: brokerages, TikTok It's, Glenn Kelman, Kerry Melcher Organizations: National Association of Realtors, MLS, Finance, CNBC Locations: U.S, Opendoor
Simpson owed a huge sum to the families of Ron Goldman and Nicole Brown Simpson, reports say. Simpson died owing millions to the family of Ron Goldman and Nicole Brown Simpson following a wrongful death lawsuit in 1997, an attorney for the Goldman family has said, according to reports. It ordered him to pay $33.5 million, which has ballooned to $114 million due to unpaid interest charges, a Goldman family lawyer told People. Ron Goldman and Nicole Brown Simpson, right, were found stabbed to death at Simpson home in 1994. Reuters/APMost of the money that the Goldman family has received from Simpson has been through the sales of a book Simpson wrote about the deaths, said Cook.
Persons: O.J, Simpson, Ron Goldman, Nicole Brown Simpson, , Goldman, David Cook, Christopher Melcher, Goldman's, Fred Goldman, Cook, OJ Simpson, Brown, Denise Brown, Kim Goldman Organizations: Service, The New York Times, Times, Screen Actors Guild, Reuters, AP, MEGA, O.J, Fox News Locations: California, Las Vegas , Nevada, Florida
Grimes alleged Elon Musk spent less than half his time in 2023 in Texas, in recent legal filings. Musk still spends two to three days a week in California, Grimes alleged. AdvertisementElon Musk — who moved Tesla's headquarters from California to Texas in 2021— has been spending less than half his time in the Lone Star State, Grimes alleged in recent legal documents. Musk quietly sued Grimes in Texas court in September to establish a "parent-child" relationship with the kids. While Grimes has said the child was with Musk in Texas over her objection, the details around the arrangement, and how she responded, are unclear.
Persons: Grimes, Elon Musk, Musk, , Elon, Claire Boucher, X, Christopher Melcher, Walzer Melcher, Tesla, Peter Walzer Organizations: Service, Lone Star State, Tau, Business, Musk, Street Journal, Montessori, Twitter, SpaceX Locations: Texas, California, Austin , Texas, Austin, Hawthorne , California, Brownsville , Texas, Bay Area . Texas, Starbase, SpaceX's, Boca Chica , Texas, Snailbrook, Boring, Bastrop , Texas, State, San Francisco, Palo Alto
Elon Musk filed new documents in Texas court asking a judge to restrict access to his custody battle. Attorneys for Musk want a judge to issue a protective order before he agrees to sit for a deposition. Musk also asked a judge to suspend public access to documents in the case, arguing the potential risk to his children outweighs any public interest in the high-profile custody battle. AdvertisementMusk was first to strike, however, quietly suing Grimes in Texas court in September to establish a "parent-child" relationship with the kids. AdvertisementA protective order would guarantee the information Musk reveals during a deposition remains private and inaccessible to the public, Melcher added.
Persons: Elon Musk, , Grimes, Musk, Claire Boucher, X, Grimes didn't, Christopher Melcher, Walzer Melcher, Melcher, Elon, Chesnot, Frazer Harrison, countersued, CHANDAN KHANNA, Jack Sweeney, Sweeney, he'd, Bob Iger Organizations: Musk, Service, Business, Tau, BI, Elon, Getty, Circuit, SpaceX, Twitter, Sweeney, Summit, Disney Locations: Texas, California, Americas, Austin , Texas, Ukraine
Elon Musk says Grimes is trying to avoid Texas courts in their custody battle, court records show. Musk initially sued Grimes in Texas in September to "establish the parent-child relationship" with the three kids the pair share. She told a Texas judge in October that Musk had custody of their three-year-old son, X Æ A-Xii , over her objection. The outcome of that fight could have major consequences for Musk, thanks to the different child support caps in California and Texas. AdvertisementTexas caps monthly child support payments at $2,760 for three children, which is how many Musk and Grimes share.
Persons: Elon Musk, Grimes, Musk, X, , Weeks, Grimes countersued Musk, countersuit, Peter Walzer, Walzer Melcher, Texas's, Walzer Organizations: Service, Musk Locations: Texas, California, Grimes
Elon Musk and Grimes are trying to figure out where he should be deposed in their custody dispute. Musk's lawyers requested an "secured location" in Austin, Texas, for the videotaped deposition. Two lawyers told Insider Musk likely had security concerns about doing it at a more public location. Lawyers for Musk and Grimes did not respond to Insider's requests for comment. Meaning, Grimes and Musk could spend months just trying to prove which state their kids actually live in.
Persons: Elon Musk, Grimes, , Elon, Musk, Grimes countersued, Peter Walzer, Christopher Melcher, Walzer Melcher Organizations: Service, Musk Locations: Austin , Texas, Texas, California
Grimes said she served her former partner Elon Musk with custody papers last month. Elon Musk with custody papers last month. One of the process servers even went to a horse farm that had been tied to the billionaire. One process server even tracked Musk's private jets in order to confirm the best place to contact the billionaire, Grimes' court papers state. Two process servers also attempted to serve Musk at Shivon Zilis' house.
Persons: Grimes, Elon Musk, Musk, , Claire Boucher, Tesla's Austin gigafactory, she'd, Christopher Melcher, Walzer Melcher, Melcher, Amy Sussman, WWD, Grimes should've, he's, Tell Elon, Zilis Organizations: Service, Musk, SpaceX, Penske Media, Getty Locations: Texas, San Francisco, Boca Chica , Texas, Austin, Boca Chica, California
One process server used a jet-tracking to try to serve Elon Musk with the custody papers. AdvertisementAdvertisementA person hired by Grimes' legal team tracked Elon Musk's private jets for days in an attempt to serve him with custody papers, according to court documents obtained by Insider. In Grimes' latest filing, she documented numerous attempts to serve Musk with the custody papers. AdvertisementAdvertisementChristopher Melcher, a California family law attorney and partner at Walzer Melcher, told Insider that the use of jet tracking by the process server was unusual but not unreasonable. In her court papers, Grimes' team said a different process server who had handed her complaint to Musk's security at X was proof enough that she'd served the billionaire.
Persons: Grimes, Musk, , Claire Boucher, LADD, Jeff Bezos, Taylor Swift, Christopher Melcher, Walzer Melcher, she'd Organizations: Elon Musk, Service, Elon, Musk, Federal Aviation Administration, FAA, PIA Locations: California, Tesla's Texas, Boca Chica , Texas, Texas, San Francisco, Hawthorne , California
Elon Musk's current custody battle with Grimes hinges on where his children with the musician live. At a Formula 1 event in Texas, Musk was pictured waving to the crowd with his son X on his shoulders. AdvertisementAdvertisementTesla CEO Elon Musk made an appearance at Sunday's F1 race in Austin, Texas, with his son X perched on his shoulders. The 3-year-old is at the center of a parental rights battle between Musk and his sometimes-partner, musician Grimes. X, meanwhile, is "only absent from California over [Boucher's] objection," according to Grimes' October 6 request for Musk's case to be thrown out, previously obtained by Insider.
Persons: Elon Musk's, Grimes, Musk, X, , Elon Musk, Claire Boucher, Musk's Cybertruck, nannies, Peter M, Walzer Melcher, Grimes didn't Organizations: Service, Tau, SpaceX, Mercedes, Musk Locations: Texas, Austin , Texas, California, Musk's
Claire Boucher, better known as Grimes, asked a Texas judge to throw out Elon Musk's custody case. The musical artist Grimes has asked a Texas judge to throw out Elon Musk 's child-custody lawsuit filed last month, saying the case belongs in California, not Austin. In Musk's lawsuit , he claimed they lived together in Texas as recently as July 2023. He splits his time between six companies — with his private jets sometimes making multiple trips between Texas and California within a week. The lawsuit isn't the first sign of conflict between Musk and Grimes.
Persons: Claire Boucher, Grimes, Elon, , Elon Musk, Tesla, Musk didn't, didn't, Chrisopher Melcher, Walzer Melcher, Melcher, Musk, Musk's, Walter Isaacson, Tesla's Austin gigafactory, Shivon Zilis Organizations: Service, SpaceX, Montessori, Twitter Locations: Texas, California, Austin, Los Angeles, Tesla's, San Francisco, Hawthorne , California, Boca Chica , Texas
If the case turns into a child support battle, Musk would be better off if it plays out in Texas. The jurisdiction will come down to who can prove where the kids actually live, Texas or California. It's unclear what either party's ultimate goal is, whether it is related to physical custody, legal custody, child support, or some other issue. Texas caps monthly child support payments at $1,840 for one child, or $2,760 for three children, which is how many Musk and Grimes share. Many factors go into calculating child support payments in California, including net disposable income, but it ultimately comes down to the judge to decide.
Persons: Elon Musk, Grimes, , Elon, Musk, nannies, Christopher Melcher, Walzer Melcher, It's, Melcher, Peter M, Walzer, he's Organizations: Service, Elon Locations: Texas, California, Grimes, California . Texas
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