Archetape has acquired Pinnacle Realty Advisors and Broker Breakup. Agents will now have the option to choose what business model fits their needs, whether that’s a full-service, cloud-based brokerage or a while label brokerage experience. Continue reading
The suit claims eXp tried to solicit franchisees whose contracts with RE/MAX weren’t over yet, and that it misrepresented RE/MAX’s commission splits, among other things. Continue reading
Lawsuits alleging that NAR rules regarding multiple listing services prop up commissions that inflate buyer and seller costs keep proliferating. Continue reading
As Compass gears up for its first-ever earnings call on May 12, here’s a review of the brokerage’s first month as a publicly traded company — including acquisitions, lawsuits and stock market highs and lows. Continue reading
Some agents may be tempted to advertise a property without a written and signed listing agreement in place to avoid having to enter the listing into their local multiple listing service. The National Association of Realtors has some advice: Don’t do it. Continue reading
Former Compass agents Todd and Lisa Sheppard have filed a class-action suit against the brokerage for price-fixing and making unfair commission deductions. Continue reading
Discount brokerage REX filed its antitrust lawsuit in March. But in a new filing, Zillow calls REX’s claims “self serving” and without merit. Continue reading
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Continue reading
One agent told the discount brokerage: “I won’t bother to show [the listing]. Who’s your local agent though because I’ll make sure to tell people not to work with them.” Continue reading
The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Continue reading