A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year.
Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot.
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.
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.
LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy.
Law professor estimates the plaintiffs' law firms are asking for only 3 percent of the total value of the deals when 'historic' business practice changes are taken into account.
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.
The announcement comes about six months after Bailey was replaced as RE/MAX president by Amy Lessinger. At T3 Sixty, he will focus on business development, consulting and representing the firm at industry events.
Inside Real Estate (IRE) and RE/MAX, LLC., have agreed to expand an enterprise software deal that will entrench BoldTrail in its network offices throughout the United States and Canada.
In a filing outlining costs and expenses, plaintiffs' attorney Michael Ketchmark estimates he has spent 7,000 hours on Gibson and other commission suits for work totaling $10.1 million since 2019.
The new rules are the result of the National Association of Realtors' major antitrust settlement. They're poised to change how agents are paid and how real estate consumers search for homes.
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who's up and who's down.