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A&E told to pay "Flip this House" creator Richard Davis

The verdict is in!  Local real estate company owner, Richard Davis, sued A&E for $7.5 million over a contract to split profits from the TV pilot show, Flip this House.  During the 1st season, Davis was created as the creator but never received payment from the wildly popular show.  This week the jury awarded Davis $4 million in damages for breach of an oral contract. 

You can imagine that Davis and his legal team are happy with the verdict.  His attorney admitted, "...It's very tough to prove you had an oral contract with a major network." A&E sure is disappointed and I imagine an appeal will be filed. 

What's the moral of this story? GET IT IN WRITING!!!!

Michele Reneau, ABR, GRI, CRS

www.CharlestonRelocationExperts.com

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Comment balloon 18 commentsMichele Reneau • November 13 2008 07:40AM

Comments

Its my understanding you have to prove an oral contract exist. Boy did he get lucky!

Posted by Lisa Long (Heather Roda Broker) over 9 years ago

I think Richard got lucky on this one.  But good for him!  That show just hasn't been the same since his crew left.

Posted by Tracy Williams Pender, MBA, Knightdale & Raleigh, NC Real Estate (Carolina MaxRealty, Inc.) over 9 years ago

I tell my clients that all the time.  If it ain't in writing, you ain't going to get it. ~ Evelyn

Posted by Evelyn Panning (Property Connections Realty Inc.) over 9 years ago

I love that show, but it seems like we hear a lot about the networks not honoring their commitments.

Richard should have known to get it in writing.  He's too smart for this mess.

I vote Michele cutest Realtor in SC!!

Posted by Richard Barbee (Realty Executives Assoc) over 9 years ago

Are you kidding me??   He didn't get it in writing???

I wonder how much of that 7.5 mil will be eaten up in attorney costs.

Posted by Kris Wales, Real Estate Blog & Homes for Sale search site, Macomb County MI (Keller Williams Realty - Lakeside Market Center) over 9 years ago

That is lucky. But if he started i he deserves it.

Posted by Chuck Carstensen, Minnesota Real Estate Expert (RE/MAX Results) over 9 years ago

"Flip This House" is another one of my favorite real estate shows- along with the one you starred in :)

It's a good thing that oral contracts don't fly in real estate or we would have a serious amount of legal messes to deal with. Written contract are the only way to go. He said, she said is just bound to get you into a heap of trouble.

Thanks for sharing, Nicole Weidauer

The Egerer & Weidauer Team, Keller Williams Realty North Seattle

Posted by Nicole Weidauer (Keller Williams Greater Seattle) over 9 years ago

Chris- Me neither! That's what makes this so interesting.

Lisa-You're right. It's difficult to prove if not in writing.  Save the court time next time and get it in black and white.

Tracy-I agree. I think he was lucky.

Evelyn-Definitely wise advice!

Posted by Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor) over 9 years ago

Michele,

I wondered why he wasn't on the show anymore. Thanks for the unsolved mystery! I loved that show.

Posted by Marcie Purcell, Realtor, Bucks & Montgomery Co PA (Long and Foster Real Estate, Inc.) over 9 years ago

Hi Michele - Hope the story has a happy ending. How often do we have great ideas and do nothing and see later someone else is making millions with our ideas. Getting in writing is key...getting behind the idea with action is a whole other story! Thanks for sharing and warm greetings from Paradise.

Team Paradise Logo

Posted by Greg Gorman, Naples Florida Real Estate (John R Wood Properties) over 9 years ago

Michele,

ABSOLUTELY.......everything in writing......no exceptions!

Posted by Daniel J. Brudnok, REALTOR, SRES, e-PRO,ABR,GREEN,CSP (Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038) over 9 years ago

Interesting that someone so well versed in real estate (and the statute of frauds) didn't have a multi-million dollar agreement in writing. 

Posted by Joel McDonald (Joel McDonald -- www.AutomatedHomefinder.com) over 9 years ago

Marcie-It was a fun show to watch especially since it's in my town.

Greg-Great ideas should be implemented...perhaps another lesson.

Dan-It is a good reminder.

Joel-I agree...bet it won't happen again.

Posted by Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor) over 9 years ago

Michele, Good for him to go after it - and get it! Even without a written deal, (which surprises me, first that he'd get into a deal without getting it in writing, and secondly, that he could win with it having been in writing!)

Debi)

Posted by Debi Boucher, "Realtor Showcase" - Real Estate Photography/Virtual Tours ( Real Estate Showcase Photography) over 9 years ago

i didnt realize his show was prior to the montelongo show, both shows the people all seem like actors more then real industry people.  I always figured the entire show was staged and far more of a production then a reality show.

Posted by Robert May, Real estate consulting (Robert W May - Lethbridge Real Estate) over 9 years ago

Getting things in writing is so important.  People always seem to forget something you told them or some type of arrangement that you had with them.  Convenient, huh?  If I am ever talking to someone on the phone or in person and it has to do with a deal, I always follow-up in writing. 

Posted by Jennifer Bragg (Prudential California Realty) over 9 years ago

Debi-I'm just as surprised as you on all accounts.

Robert-There are always parts of TV that are staged, even in reality shows.  I participated in a House Hunters episode.

Jennifer-Yes, very convenient.  It's a great practice to follow up with anything in writing.

Posted by Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor) over 9 years ago

This was the one of the first blog post that I left a comment on when I joined AR back in november 2008.  It has been a while now and I couldn't live without my lethbridge listings blog. Just thought I would check back to the start of my days here at AR.

 

What ever happened to Richard after this point?  I will have to go read an update someplace online.

Posted by Robert May, Real estate consulting (Robert W May - Lethbridge Real Estate) almost 8 years ago

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