Midyear, settlements, changes: Inman's Top 5 stories
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh May 10
Judge approves Keller Williams, Anywhere, RE/MAX settlements
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
Former RE/MAX Northwest CEO moves Austin team to Compass
Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team
by Ben Verde May 8
Judge rejects homebuyer motion to block commission settlements
Plaintiffs in the commission suit known as Batton 1 had requested a temporary restraining order Wednesday to prevent final approval of the Keller Williams, Anywhere and RE/MAX settlements
Buyers seek surprise injunction to halt commission suit settlements
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements
What if NAR went away? Examining the catastrophic potential
Opinion
Although it may seem righteous to dismantle the institution that NAR has built, brokerage founder Sean Frank writes, the collapse of NAR could mean the end of the industry as we know it
by Sean Frank May 8
RE/MAX revenue drops for 7th consecutive quarter
Total revenue declined by 8.3% YOY to $78.3M during Q1 2024, besting analysts' expectations for it to fall by 9.5%. News comes one quarter into Amy Lessinger's tenure as president
EXp Realty promotes Kendall Bonner to VP of industry relations
A year after moving from RE/MAX to eXp Realty, Bonner has been chosen to lead the brokerage's industry relations efforts. She is also the leader of The Kendall Bonner Team in Tampa
by Marian McPherson Apr 30
As settlements move forward, get back in the saddle: The Download
Opinion
With preliminary approval of NAR's deal and a new settlement proposal from HomeServices of America, can we finally all get back to business?
by Christy Murdock Apr 27
HomeServices of America agrees to pay $250M to settle lawsuits
HomeServices was potentially on the hook for the remaining $4.7B in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3B
by Taylor Anderson Apr 26
60-day clock begins for brokerages seeking to opt into $418M NAR deal
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered
by Andrea V. Brambila Apr 22
Homie
The Utah-based disruptor 'moved our real estate agents from W2 to 1099' while other 'non-Homie' agents were laid off last week due to 'role redundancy,' a Homie spokesperson confirmed to Inman
by Jim Dalrymple II Apr 22
Lesson Learned: Become an inventory expert
Find out how newlywed, outdoor enthusiast and former CPA Billy Davidson has launched his career — and what he plans to do next
by Troy Palmquist Apr 22
Defendants fight to get homebuyer commission suits tossed
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out
by Andrea V. Brambila Apr 19