Latest News"Finally, Real Estate Pros also returns for its second season, taking viewers inside the world of Charleston SC’s Trademark Properties for an eye-opening and unapologetic look at the world of real estate. With a modern view on the current real estate landscape, Trademark’s founder Richard C. Davis reveals the true reality of making money in real estate. The five-episode season will premiere July 21."
04.02.09: TLC Press Release
The highlights of TLC's 2009-10 Upfront schedule include the following:
REAL ESTATE PROS
REAL ESTATE PROS takes viewers inside the world of Trademark Properties for an eye-opening and unapologetic look at the world of real estate. Headed by the quick-thinking, fast-talking Richard C. Davis, the company faces one of the toughest real estate climates and tells clients and viewers how to thrive in a down market.
Trademark Properties and The Concerned Citizens of Sol Legare will host a silent auction from 1to 4 p.m. Saturday to raise money for renovation of the property.
The cost is $20 per person and the event will include food and live music. It will be held at the site on Sol Legare Road off Folly Road behind the Piggly Wiggly. The rehab will be documented on Trademark's reality show.
Close to $70,000 is needed to complete the project in a timely manner. Volunteers are needed to aid in the restoration and additional help can be given by donating funds directly. The mailing address is The Concerned Citizens of Sol Legare, c/o Trademark Properties, Corie Hipp, 1175 C Folly Road, Charleston, SC 29412.
And more:
There will be an oyster roast provided by Charleston Crab House and Gilligan’s and food provided by The Kickin’ Chicken, James Island. Irvin House Vineyards’ wine and beer will also be included in the $20 price per person. “The Plainfield Project”, headed up by local celebrity Ben Fagan, will perform old and new favorites.
Richard C. Davis, who heads Team Trademark, intends to document the lodge’s rehabilitation as part of the real estate company’s reality series, due to air on TLC in April. The show had an 18 month hiatus.
11-4: Davis, the 45-year-old owner of Trademark Properties, insists he and A&E representatives had a verbal agreement to split any revenue from the show. Attorneys for both sides gave opening arguments Monday in a federal court trial to determine the validity of that claim.
Mount Pleasant attorney Frank Cisa, who represents Davis, said the two parties agreed to share whatever revenue remained after each had been reimbursed for expenses.
Cisa said "the only way" Davis would hand over his project to A&E was in a partnership, not a sale. When the season ended, Davis was not duly compensated, according to Cisa.
11-6: ...when Davis asked for rough cuts of the show or a copy of a contract from a third-party production company, he encountered roadblocks, he said. By then the person with whom he said he made the verbal agreement for the 50-50 revenue split no longer worked for A&E...
A&E attorney Jeremy Feigelson began his cross-examination of Davis at about 5 p.m., first attempting to show discrepancies in Davis' timeline for negotiations with TLC, the cable network that later showcased his firm. Then Feigelson showed a letter Trademark Properties sent to potential investors to illustrate what Davis believed he stood to gain from "Flip This House" while he was involved in the show. The letter said the "national audience associated with the program will accelerate Trademark's growth."
11-7: A&E's New York-based attorney Jeremy Feigelson worked to disprove Davis' claim that his Trademark Properties and the network verbally agreed to a 50-50 profit split from the reality series "Flip This House."
"The agreement we're talking about is an agreement in your mind?" Feigelson asked.
Davis calmly replied that it was "absolutely an agreement" he had with an A&E representative. Finally, after more than 10 hours of testimony spread over three days, he lost his patience.
Responding to one question, David raised his voice and said, "It's my possession. You stole it. ... You stole my possession."
11-8: For days the jury in a breach of contract trial between local real estate magnate Richard Davis and television network A&E has heard over and over about a man named Charles Norlander. Davis alleges that he and Norlander hatched the 50/50 profit split for the show "Flip This House" in a verbal agreement at the heart of Davis' lawsuit. Friday, a man with a goatee and Harry Potter-styled spectacles took the witness stand and repeatedly denied any such conversation ever took place.
From the Los Angeles Times:
A jury trial in Charleston, S.C., begins today to determine whether cable programmer A&E Television Networks must pay a South Carolina real estate broker as much as $30 million for creating the popular get-rich-through-real-estate show "Flip This House."...
According to court documents, Davis spent $6 million buying and renovating houses in the Charleston area that were featured in the show's first season.
Davis said he was never paid for his appearances on "Flip This House" nor was he reimbursed for his expenses. A&E said that Davis initially did not seek compensation because he saw the show "as a powerful form of advertising" for his real estate business, Trademark Properties Inc., "which he hoped to expand or franchise on a national basis."
After only 13 episodes, A&E and Davis had a falling out when the two sides attempted to negotiate his participation in a second season. The cable channel drafted a contract for Davis to appear as "on-air talent." He refused to sign and subsequently filed the lawsuit.
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