RE/MAX revenue, US agent count continue decline in second quarter
While the brokerage's overall head count rose modestly to 144,510 agents in the second quarter, its agent count declined in the US by 6.3%, to 56,987, according to a Q2 earnings call Wednesday
HomeServices appeal dismissed as court eyes October for Sitzer trial
The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of 2 highly anticipated bombshell commission trials later this year
Lamacchia Realty expands with acquisitions across Massachusetts
In the last month, the East Coast-based brokerage has made 2 strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
'Get creative': As inventory drops, agents dust off trusted techniques
With sales down and inventory low, agents are combing social media, calling expireds and seeking out people with major life milestones. In other words, they're meeting the moment with creativity
by Ben Verde Jul 24
Bright MLS breaks with NAR policy on commissions
Starting Aug. 9, the nation's 2nd-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright
by Andrea V. Brambila Jul 20
Gary Keller at Keller Williams KW Family Reunion 2019
The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor's request to change the date because it conflicts with KW's Family Reunion
by Andrea V. Brambila Jul 11
Virginia is for lovers, irked buyers, stubborn sellers and bidding wars
Despite sales falling by double-digits, agents and brokers in Alexandria, Richmond and Norfolk, Virginia, anticipate a summer of heated bidding wars, tough negotiations and market headwinds
by Marian McPherson Jul 7
The stories and trends that defined a whirlwind first half of 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
by Marian McPherson Jul 5
MLS turns back on franchisors after settling commission case for $3M
Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices
Compass nabs top-performing Coldwell Banker agent
Tacoma's Margo Hass Klein joined Compass this week, according to the company. She's the latest in a string of Coldwell Banker agents who decamped for Compass this year
by Jim Dalrymple II Jun 23
Keller Williams, eXp Realty, others sued over alleged discrimination
The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters
by Jim Dalrymple II Jun 1
Judge narrows in on trial date for bombshell commission lawsuit
If the parties don't settle, expect a lengthy trial for the Moehrl homesellers' case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America
by Andrea V. Brambila May 30
RE/MAX's Motto Mortgage aims for 1,000 offices nationwide
Being named to Entrepreneur magazine's 2023 Franchise 500 list for the 4th year in a row puts some wind in the sails of the company's long-term goals
by Matt Carter May 25