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
Jordan Cohen is as 'blue collar' as they come, but beloved by LA's elite
The 6-time No. 1 RE/MAX agent worldwide may deal with some of the loftiest stars, but he stays grounded in his work ethic and rarely deviates from a uniform of jeans and tennis shoes
by Lillian Dickerson Apr 17
Pulte objects to Sitzer | Burnett settlements: What's in it for me?
US homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn't appear to exist
by Andrea V. Brambila Apr 17
Coldwell wins St. Louis agent Laura MacDonald back from Compass
MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20M in sales volume
by Jim Dalrymple II Apr 15
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
Lessinger: Bottom line, RE/MAX settlement was 'a great decision'
Inman caught up with RE/MAX LLC President Amy Lessinger to discuss her first few months on the job and her vision for the road ahead
by Ben Verde Apr 15
Recruiting War '24: For brokerages, headhunt pivots to cream of crop
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to 'the better and best agents'
by Jim Dalrymple II Apr 15
Motto Mortgage office (contributed photo).
In a break with the past, most new franchisees signing up for Motto's 'mortgage brokerage-in-a-box' solution are real estate brokerages and teams that aren't affiliated with RE/MAX
by Matt Carter Apr 12
Judges decline to 'centralize' commission lawsuits for now
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request
by Taylor Anderson Apr 12
Investor or agent? 5 moneymakers share why agents should be both
Five investor-agents, each of whom has achieved success on both sides of the equation, shared their actionable insights and winning formulas for nailing a pivotal but tricky professional shift
by Ben Verde Apr 9
Recruiting War '24: Agents field new offers constantly, Intel finds
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job
by Jim Dalrymple II Apr 8