Monthly Archives: October 2024

RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

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A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading →

Josh and Heather Altman leaving ‘Million Dollar Listing Los Angeles’

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Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. “We were babies when we started the show,” Josh Altman told “People.” Continue reading →

Inflation cooled in September, nearing the Fed’s 2% target

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Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for rate cuts among investors who fund most home loans. Continue reading →

Judge grants final approval to 9 commission lawsuit settlements

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Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation. Continue reading →

Judge rules in favor of Serhant over KW Black Label in recruitment suit

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Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia’s luxury market in 2023. Continue reading →

KW relaunches BOLD coaching program amid changing times

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Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry. Continue reading →

A year after the Sitzer verdict, here are my top 5 takeaways

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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. Continue reading →

Share of renters paying under $1,000 hits record low, Redfin says

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Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading →

Commissions held steady after Aug. 17, Redfin study shows

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Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading →

World Series of Luxury: The final ‘Sho’down with Judge and Ohtani

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The LA Dodgers may have claimed the crown for the 2024 World Series title, but Inman readers must still cast their vote to determine the victor of the inaugural World Series of Luxury. Continue reading →