Award per homeseller in Sitzer is about $913 and getting smaller
Over 491K homesellers have filed claims for a portion of the $700M raised by NAR, HomeServices and other settlements in Sitzer, with more to come before May 2025 deadline
by Taylor Anderson Nov 21
Motto Mortgage office (contributed photo).
After seeing its open office count shrink this year for the first time ever, RE/MAX's mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan
by Matt Carter Nov 19
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
Impact of NAR's commission rule change illuminated in Q3 earnings
In the wake of the National Association of Realtors' 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows
by Jim Dalrymple II Nov 12
Surprises, setbacks and shifts: Q3 2024 earnings
Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
by Jessi Healey Nov 7
The Q3 calls to watch closely as real estate’s 'Super Thursday' unfolds
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025
by Taylor Anderson Nov 7
RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and US agent count, but the franchisor also vastly improved its net income year over year
by Lillian Dickerson Oct 31
A year after the Sitzer verdict, here are my top 5 takeaways
Opinion
As she reflects on the historic decision and the current state of the industry, broker Cara Ameer offers thoughts on how far we've come and where we still need to go
by Cara Ameer Oct 31
Broker Spotlight: Michael Cannuscio, The Agency
This veteran real estate broker with a background in law and luxury is growing The Agency's brand in Massachusetts
by Christy Murdock Oct 24
Vamos a Guatemala! KW expands in Central America
The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations
by Jim Dalrymple II Oct 24
EXp Realty's $34M settlement is a 'sweetheart deal': Gibson plaintiffs
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a 'reverse auction' should compel the brokerage to return to the bargaining table
by Taylor Anderson Oct 24
Homie
Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot
by Taylor Anderson Oct 21
Homie drops UtahRealEstate.com from conspiracy lawsuit
The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX
by Andrea V. Brambila Oct 15