In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the 'star of a reality television show' but stopped short of naming Oppenheim
Dec 6
The deal is valued at around $444M, with $150M in cash and $294M in equity. If finalized, it would merge the nation's No. 1 brokerage by sales volume with the No. 8 largest brokerage
Dec 2
Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson
Nov 27
Luz de Amor Eytalis took aim at rules that require ‘forced memberships’ in local, state and national Realtor associations in order to access her local multiple listing service
Nov 26
Ahead of a final Nov. 26 approval hearing on NAR's proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours
Nov 25
Redfin report finds 22% of US renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost
Nov 22
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
Nov 21
The new membership option will give agents who aren't members of local, state or national Realtor associations access to state-compliant forms as alternative to NAR's '3-way agreement'
Nov 20
Zillow releases a new 'BuyAbility' tool it says helps consumers find homes they can actually afford to buy after accounting for more variables
Nov 19
Volunteer National Association of Realtors' leaders received perks and payment that lawyers say could run afoul of US tax laws, according to an investigation by the Times published on Monday
Nov 18
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
Nov 18
During the first 9 months of the year, Matterport pulled in a total of $125.8M in revenue. Most of that is from recurring services and subscriptions
Nov 13
Sam DeLay and Cole Billings led the No. 2 team in Bend for volume among medium teams and No. 1 for sides with 112 last year. They're launching their brokerage on the Side platform
Nov 12
With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story
Nov 11
Travelers spent $20.1B on Airbnb in Q3, a 10% increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits
Nov 7
The Real Brokerage added more than 2K new agents in the 3rd quarter while revenue rose to $372.5M, according to quarterly earnings Thursday. The company posted a net loss of $2.5M
Nov 7
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025
Nov 7
Accused of embezzling as much as $27B alongside her husband and other accomplices, Truong My Lan told the court on Monday that her sentence is ‘too expensive to pay’ and 'too severe'
Nov 6
The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report
Nov 4
Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia's luxury market in 2023
Oct 31