Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
EXp maintains profitability as revenue declines 2% to $1.2B
EXp World Holdings' revenue declined 2% annually to $1.2B in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4M
by Marian McPherson Nov 2
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Sitzer | Burnett: Live updates from the buyer-agent commission trial
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
by Inman Oct 16
United Real Estate expands reach with new Jacksonville acquisition
The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership
by Ben Verde Oct 4
With East Coast merger, United Real Estate adds 1,000 agents
Five years ago, Pearson Smith Realty had only 17 agents. It has since grown to conduct $4.1B annually in real estate transactions
by Daniel Houston Jul 22
United Real Estate expands to Alabama with second merger of 2022
The Dallas-based brokerage and franchisor joined forces with Huntsville, Alabama-based Leading Edge Real Estate Group, which boasts 200 agents
Can eXp Realty maintain rapid, sustainable growth in 2022?
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
by Lillian Dickerson Dec 29
Handshake over computers
After announcing a merger with Benchmark Realty last week, URE says it has also merged with the largest residential brokerage in Georgia, Virtual Properties Realty
by Andrea V. Brambila Dec 17
howard hanna
Both firms operate under 100% commission, fee-based business models, which, along with a focus on technology, United expects will result in '$1 billion in transactional efficiencies'
United Real Estate merges with Charles Rutenberg Realty
The Fort Lauderdale, Florida-based CRR will continue to operate with its 100% commission model
United Real Estate accused of removing thousands of agent websites
Former franchise owners allege in lawsuit that by removing the websites, the company's customer relationship management software was rendered useless
by Patrick Kearns Jul 31
RE/MAX balloon floating over homes
The brokerage earned $10.9B in system sales according to the 'Franchise Times' 200+ list, beating out 4 other real estate franchisees on the list
by Marian McPherson Oct 5