The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward.
The complaint — one of nearly two dozen targeting real estate's long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission.
Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere's board this week after the franchising giant added a seat.
The Anywhere CEO challenged individual leaders to step up, rather than be dependent on NAR to lobby for the industry in Washington. He added that the most important thing for leaders today are vision and attitude.
An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.
This year's event, which will focus on the theme of storytelling, will highlight how agents can leverage AI, storytelling, best recruitment practices and more to grow their businesses.
The company is halfway to its goal of delivering $200 million in savings by the end of the year, according to its July 25 earnings report.
Six months after Katrina Helmkamp's retirement, Cartus has named Matthew Tebbe as its latest president and CEO. Tebbe will be responsible for "accelerating momentum" at the relocation brand.
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.
Business ethics firm Ethisphere released its 2023 rankings on Tuesday, which honored four real estate brands including Anywhere, CBRE Group, JLL and Thailand-based DTGO.
Lane's appointment comes after M. Ryan Gorman's abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman.
Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment.