Iowa Realty files lawsuit against competitor

DES MOINES, Iowa (AP) — Iowa’s largest real estate agency has filed a lawsuit against a competitor, alleging an attempt to damage its reputation.

The Des Moines Register reports (http://dmreg.co/18Zft6g ) West Des Moines-based Iowa Realty filed the lawsuit Thursday in Polk County District Court.

It alleges Austin, Texas-based Keller Williams filed an earlier lawsuit as an attempt to embarrass Iowa Realty and that Keller Williams never intended the courts to resolve the matter.

Keller Williams dropped its lawsuit last month. That suit alleged unfair competition and other claims after Iowa Realty refused to share sales commissions equally with Keller Williams agents who sell existing homes listed by Iowa Realty.

Iowa Realty head Mike Knapp says Keller Williams continues to attack Iowa Realty through social media.

Keller Williams didn’t immediately respond to a request for comment.

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Information from: The Des Moines Register, http://www.desmoinesregister.com

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