Commission lawsuits are piling up. Keep track of them all right here
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
by Jim Dalrymple II Nov 10
New commission lawsuit targets REBNY and 26 companies in NYC
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
by Taylor Anderson Nov 10
Compass snags high-performing Rhode Island Sotheby's team
The Blackstone Team is based in Providence and closed more than $95M in sales volume last year. The team's move to Compass comes amid intense competition for top talent
by Jim Dalrymple II Nov 9
The Agency scoops up 4 NorCal Compass agents
Over the past few months, 34 agents have joined The Agency from Compass' Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023
RealScout tracks down enterprise deal with Anywhere
Agents and teams at Century 21, Sotheby’s International Realty and Coldwell Banker, among others, will have access to the software as part of an enterprise-level agreement
by Craig C. Rowe Nov 6
Defy the market by showing your expertise and using tech wisely
'Co-opetition' between agents, tools like ChatGPT, and showing clients your value and how much you care will be important for agent success in 2024, Inman Connect panelists said
Luxury broker Tate Kelly joins Coldwell Banker Warburg
The Upper East Side native comes to the brand from Compass and has closed over $300M in sales during the course of his career. He specializes in Manhattan's luxury market
What you should know about Sitzer | Burnett Week 2: Inman's Top 5
With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Oct. 21 - 26, 2023
by Dani Vanderboegh Oct 27
Offerpad to partner with Anywhere agents outside of market area
Sellers located outside of Offerpad markets who contact the iBuyer for services will be connected with eligible agents in the Anywhere Leads Network
by Lillian Dickerson Oct 26
Redfin eliminates salaries, pivots to commission model in LA and SF
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program
by Jim Dalrymple II Oct 25
Anywhere tallies another profitable Q3 despite revenue decline
Anywhere Real Estate reported revenue of $1.6B and a profit of $129M for Q3, ending with $151M in cash and cash equivalents
by Ben Verde Oct 24
Under their thumbs: The enigmatic homesellers behind Sitzer | Burnett
The plaintiffs in a class action antitrust suit challenging the industry’s commission structure took to the stand to make the case that the practice of homesellers paying buyer agents is 'unfair'
by Andrea V. Brambila Oct 19
David Marine on AI, storytelling and being 'dunked' by Shaq at Gen Blue
The Coldwell Banker CMO discussed with Inman highlights from the company's Gen Blue event this year, which included a highly unscripted interview with NBA giant Shaquille O'Neal
by Lillian Dickerson Oct 19
Agent training, objection scripts on trial as Sitzer | Burnett ends Day 3
On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants
by Andrea V. Brambila Oct 18