More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
Backed with $10M, Buyside rebrands as Percy, expands into mortgage
Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing company's ability to identify not only homebuyer, but seller leads
by Matt Carter May 31
Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000
EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty
by Jim Dalrymple II Apr 28
'Brain exploding!': Agents, brokers torn over commission suit ruling
Agents and brokers told Inman they're reeling over a federal court's decision to grant class action status in a commission suit that could rock the real estate industry by changing how they're paid
by Andrea V. Brambila Apr 27
Federal commission suit now a class action; NAR, Realogy vow to appeal
Days after oral arguments, a judge Friday granted class certification in 1 of 2 federal commission suits that could rock the real estate industry and impact how agents are compensated nationwide
by Andrea V. Brambila Apr 25
Gary Keller singled out as 'head of conspiracy' as federal commission lawsuit accelerates
As oral arguments began Monday in the Sitzer federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR's commission policy would look like, and why they believe Keller is leading an antitrust conspiracy
by Andrea V. Brambila Apr 19
As supply dwindled, nation's biggest brokerages gained market share
The biggest real estate brokerages and franchise networks made big gains in market share in 2021 and accounted for 61% of home sales, a new report reveals
by Daniel Houston Apr 7
Gary Keller named the most powerful person in real estate
Other industry leaders who landed top spots on the prestigious Swanepoel Power 200 ranking include eXp's Glenn Sanford, Realogy's Ryan Schneider and Compass' Robert Reffkin
by Jim Dalrymple II Jan 11
Showing management startup Instashowing nabs $4M in funding
Former Trulia CEO Pete Flint once again led the funding round. The company will primarily use the funds to develop an open API for showing services
by Lillian Dickerson May 20
Realogy clutches top spot on T3 Sixty's 2021 Mega 1000 list
Realogy secured the top spot on T3 Sixty's Mega 1000 list with $184B in 2020 sales volume. However, brokerages with alternative models are closing the gap
by Marian McPherson May 12
2 top Douglas Elliman execs jump to HomeServices of America
Douglas Elliman executives Brad Loe and Steven James, the president of the brokerage's New York City operations, will help craft HSA's growth strategy
by Marian McPherson Apr 22