Andy Florance: Bombshell lawsuits will upend Zillow's business model
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September
MLS commission settlement in jeopardy amid new DOJ 'concerns'
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
Hollywood's top 35 luxury real estate agents, revealed
It takes a highly qualified real estate agent to perform at the level that many celebrities demand. Here are the top ones serving Hollywood today, according to 'The Hollywood Reporter'
by Lillian Dickerson Sep 29
Compass adds 10 principal agents to Ocean City office
Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136M in 2022 sales volume
by Marian McPherson Sep 27
CrossCountry Mortgage CEO nails profit on $30M Fort Lauderdale pad
Ronald Leonhardt Jr. purchased the Harbor Beach home for $23M in 2021. It includes 120 feet of water frontage, a lap pool, a full summer kitchen and docking capabilities for a megayacht
by Lillian Dickerson Sep 22
As RE/MAX settles, it's time to re-think buyer-side chats
This week on The Download: How are you adding value to your buyer-side UVP now that RE/MAX has folded on its part of the bombshell commission lawsuits?
by Christy Murdock Sep 22
RE/MAX settles bombshell commission lawsuits for $55M
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including 'no longer forcing homesellers to pay buyer’s agents'
by Andrea V. Brambila Sep 18
MLS PIN settlement approved after overcoming judge's qualms
Judge Patti Saris preliminarily approved the deal after settlement fund restructuring. The case could provide a sneak peek at broader changes pending bombshell commission suit outcomes
by Andrea V. Brambila Sep 14
SoCal's RE/MAX Proper acquires 120-agent indie All Nations
Bustling Long Beach franchise RE/MAX Proper has acquired longtime indie brokerage All Nations Realty and Investments. The deal brought more than 100 new staffers and agents to the brand
by Marian McPherson Sep 11
EXp captures top-producing team in New York's Hudson Valley
The Virginia Corbett Home Team includes 16 agents and 5 staffers. The team's move to eXp comes as brokerages across the US compete for top talent that can still produce in a tight market
by Jim Dalrymple II Sep 6
Anywhere settles bombshell Sitzer and Moehrl commission lawsuits
The company agreed to resolve the claims against it for $83.5M. Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to 'change its practices'
Man charged with threatening his agent over failed home transaction
Richard E. Kellogg's text messages to a RE/MAX agent led to the evacuation of the agent's office. The Indiana suspect now faces intimidation charges in addition to fraud charges leveled in July
by Lillian Dickerson Aug 30
Brokers fear losing commissions, agents if lawsuits succeed: Survey
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in 2 key suits, a survey on commissions conducted by Intel shows
by Jim Dalrymple II Aug 30
NAR seeks to suppress DOJ probe from jury as commission trial nears
The National Association of Realtors filed 4 requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination
by Andrea V. Brambila Aug 25
'Hiya, Barbie!': Iconic doll makes her real estate cameo
Barbie's total world domination extends to fashion runways, home design and real estate marketing initiatives