Former Anywhere owner Apollo buys Utah investment company
Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy
by Jim Dalrymple II Feb 24
Concierge Auctions, Luxury Presence form strategic initiative
'This partnership underscores our commitment to providing cutting-edge resources to help our agents thrive in the digital landscape and reach their most discerning clients' — Chad Roffers
by Craig C. Rowe Jan 30
RE/MAX taps Christie's Real Estate vet Chris Lim as chief growth officer
Lim, who vacated the presidency of Christie's International Real Estate in 2023, will be tasked with growing RE/MAX at a time when the brokerage has struggled with falling revenue and agent count
by Jim Dalrymple II Jan 15
Homie
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
by Taylor Anderson Nov 18
Agently hired by JPAR to support brokerage growth
Inman Innovator Award finalist and fast-growing 100%-commission brokerage JPAR will implement Agently's solution across its 30-state operation
by Craig C. Rowe Sep 23
Michael Valdes leaves eXp to lead LPT Realty global division
After 4 years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the US, the Florida-based brokerage is ready to expand internationally, executives told Inman
by Marian McPherson Jul 22
Seller who balked at inadequate payout appeals commission deal
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
by Andrea V. Brambila Jun 11
Will lawsuits end 6% commissions? Probably not, 1 law professor says
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is 'largely symbolic,' USC professor Jordan Barry said Friday at a University of Minnesota conference
by Jim Dalrymple II Apr 15
HomeServices dropped from long-running buyer commission lawsuit
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices
by Andrea V. Brambila Feb 21
Anywhere Real Estate appoints new chief technology officer
Former Capital One executive Rudy Wolfs is Anywhere's new chief technology officer. Wolfs will lead the franchisor's tech and product strategy
by Marian McPherson Feb 13
From Sitzer to Moehrl, 2023 was the year of commission confusion
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
by Andrea V. Brambila Dec 28
NAR argues against setting trial date in Moehrl commission suit
The trade group's attorney says NAR is 'still analyzing' the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a 'different case' that will likely go to trial in Q4 2024
by Andrea V. Brambila Nov 29
Jury awards $5B to homesellers in landmark Sitzer | Burnett verdict
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
by Andrea V. Brambila Oct 31
Full court press: What to know as the Sitzer | Burnett trial unfolds
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
by Andrea V. Brambila Oct 16
MLS commission settlement in jeopardy amid new DOJ 'concerns'
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service