Award per homeseller in Sitzer is about $913 and getting smaller
Over 491K homesellers have filed claims for a portion of the $700M raised by NAR, HomeServices and other settlements in Sitzer, with more to come before May 2025 deadline
by Taylor Anderson Nov 21
RE/MAX's Motto Mortgage bounces back with new offices
After seeing its open office count shrink this year for the first time ever, RE/MAX's mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan
by Matt Carter Nov 19
Homie
In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy
by Taylor Anderson Nov 18
Impact of NAR's commission rule change illuminated in Q3 earnings
In the wake of the National Association of Realtors' 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows
by Jim Dalrymple II Nov 12
RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and US agent count, but the franchisor also vastly improved its net income year over year
by Lillian Dickerson Oct 31
Homie drops UtahRealEstate.com from conspiracy lawsuit
The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX
by Andrea V. Brambila Oct 15
Coldwell Banker, RE/MAX, eXp Realty swept up in Section 8 sting
A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state
by Richelle Hammiel Oct 9
How you can help victims of Hurricane Helene
Communities are just beginning a long road to recovery. Reference this list of resources to learn where to donate money or supplies or sign up to volunteer
Industry heavy-hitters launch app that documents agents' workflow
Rayse, which the company has positioned as a way of 'pushing back against the settlements,' is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins
by Andrea V. Brambila Sep 26
The top 35 agents in Hollywood today are still setting records
LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping temperamental celebrity clients happy
by Lillian Dickerson Sep 18
Oregon real estate brokerages merge under RE/MAX banner
Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents
by Jim Dalrymple II Sep 17
Top Florida indie The Keyes Company settles commission suits
The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida
by Jim Dalrymple II Sep 3
Industry vet Nick Bailey joins T3 Sixty as chief real estate officer
The announcement comes about 6 months after Bailey was replaced as RE/MAX president by Amy Lessinger. At T3 Sixty, he will focus on business development and consulting roles
by Lillian Dickerson Aug 29
Homie
The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings
by Jim Dalrymple II Aug 22