NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5M
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
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'
More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes
HomeServices previously agreed to pay $250M to settle various commission suits. A final approval hearing is set for November
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
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
Defendants in the buy-side case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to 'parrot' arguments made in Batton 1
After 10 years, Dave Mele has left Homes.com to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156M
The class action suit filed by plaintiff James Lutz alleges that HomeServices, other NAR members, fixed commissions, which misled buyers and resulted in them paying inflated home prices
Keller Williams president and CEO Mark Willis spoke about his return to the Texas franchiser and how commission lawsuits could spark an intense round of brokerage and agent consolidation
Former Zillow executives Greg Schwartz and Carey Armstrong have launched a home search portal under their company, Tomo. The portal is available to homebuyers in 21 states
The site started as an objective resource for renters and buyers moving to or living in New York City. Staff holds out hope for a sale this month
Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. 'Nobody wants to sell anything today'
Even though the extreme seller's market is in the rearview mirror, disgruntled clients have been filing more lawsuits against their agents, according to an analysis by Victor Insurance Managers