The cuts, initially approved last summer, were set to go into effect this July. But as of this spring, Keller Williams was facing multiple class action lawsuits over the changes
Movoto may be a familiar name, but under OJO's ownership the brand is quietly embarking on a David-and-Goliath struggle for a place in the portal pantheon
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday afternoon
The iBuyer lost $17.5M between January and March, according to an earnings call Monday afternoon. However, that represents a 71% improvement compared to a year earlier
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected
Opendoor drew $1.2B in revenue between January and March, according to first-quarter earnings released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer
The company earned $943M in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780
Michael Bjorkman wants more than $20M. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call
The new touring agreements will last 7 days and are a response to terms contained in recent commission lawsuit settlements
The company has promoted Amy Weaver to serve as a senior vice president over US growth. The promotion comes in the wake of C-suite shakeups at the brokerage
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves
The Utah-based disruptor 'moved our real estate agents from W2 to 1099' while other 'non-Homie' agents were laid off last week due to 'role redundancy,' a Homie spokesperson confirmed to Inman
The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals
MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20M in sales volume
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is 'largely symbolic,' USC professor Jordan Barry said Friday at a University of Minnesota conference
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to 'the better and best agents'
Jamie Dimon thinks interest rates could rise to 8% or more. He also said in a new letter that a recession and stagflation could be in the offing
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job
Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings
Garry Marsoubian previously held a leadership position at Bright MLS and has experience working with multiple listing services' data and technology
