Berkshire Hathaway HomeServices CEO denies Compass negotiations
HomeServices of America CEO Gino Blefari said Thursday night his company isn't in acquisition talks with Compass. Since then, the brokerage franchise network and Compass have been silent
Compass launches 'Compass One' client portal and dashboard
The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions
New commission suit against Side, others filed — and all but settled
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit
by Jim Dalrymple II Jan 28
Supreme Court denies NAR's appeal request in DOJ case
The Supreme Court didn't explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the trade group's practices
RE/MAX President Amy Lessinger announces resignation
Lessinger's departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters
by Jim Dalrymple II Jan 8
Louisiana agents latest to file suit over divisive NAR 3-way agreement
Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution — and an end to rules they don't support
by Jim Dalrymple II Jan 3
EXp World Holdings sells Virbela, the firm that made its virtual world
The sale, to Virbela's cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement
by Jim Dalrymple II Dec 27
EXp suffers setback in bid for 'sweetheart' commission deal
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a 'collusive element'
by Jim Dalrymple II Nov 14
Gibson commission case sees 4 more settlements
NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5M
by Jim Dalrymple II Nov 5
Judge grants final approval to 9 commission lawsuit settlements
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
by Jim Dalrymple II Oct 31
DOJ's data sharing statement has implications for MLSs, associations
The statement regarding a lawsuit against pork producers notes that the sharing of information among competitors could violate antitrust law 'even without proof of an agreement to fix prices'
by Lillian Dickerson Oct 16
NAR membership rebounds ahead of Aug. 17 settlement deadline
More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes
by Richelle Hammiel Aug 12
HomeServices commission settlement gets prelim approval
HomeServices previously agreed to pay $250M to settle various commission suits. A final approval hearing is set for November
by Jim Dalrymple II Aug 9
M&A executive jumps from Anywhere to Lamacchia Realty
Massoud Atallah joins New England-based brokerage that has its sights set on rapid expansion. ‘We are 100% on offense,’ Lamacchia told Inman in an interview
by Taylor Anderson Jul 3
REColorado unveils interim CEO amid rocky ownership change
The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO during the transition
by Taylor Anderson Jul 2