Tag Archives: Industry News

NAR to fight DOJ investigation all the way to the Supreme Court

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The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ’s 2021 attempt to withdraw from that settlement — something NAR is trying to block. Continue reading →

DC-area title companies settle agent steering scheme with AG

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DC Attorney General Brian Schwalb found that four title companies gave financial and other perks to real estate agents in return for homebuyer referrals. The companies have agreed to pay $3 million. Continue reading →

Industry vet Nick Bailey joins T3 Sixty as chief real estate officer

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The announcement comes about six months after Bailey was replaced as RE/MAX president by Amy Lessinger. At T3 Sixty, he will focus on business development, consulting and representing the firm at industry events. Continue reading →

Mortgage a tough nut to crack for technology provider nCino

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Shares in the cloud banking solutions developer are down 14% after the company says the mortgage technology business it acquired for nearly $1 billion in 2022 has been a drag on growth but is expected to pick up. Continue reading →

Keller Williams heads to arbitration in second John Davis lawsuit

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The case is part of a long-running legal battle between Davis, an ex-CEO of Keller Williams, and his former employer. An earlier case Davis filed against KW was also ordered into arbitration. Continue reading →

HomeLight lands $20M, adds 40 new ‘Buy Before You Sell’ states

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HomeLight is partnered with more than 10,000 loan officers and 28,000 real estate agents to offer Buy Before You Sell in 46 states and Washington, D.C. — everywhere but Alaska, Massachusetts, New York and Rhode Island. Continue reading →

Compass launches new division for older real estate consumers

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The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a “silver tsunami.” Continue reading →

Side debuts new coaching and training program

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The program features top agents and brokerage founders and will be available to both Side users and the broader real estate industry. Continue reading →

RE software company reAlpha Tech Corp hires new CFO

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Publicly traded real estate software company reAlpha Tech Corp (AIRE) has hired a new chief financial officer. William Brent Miller will start his role immediately, taking the reins from Chief Operating Officer Michael J. Logozzo who’s been reAlpha’s i… Continue reading →

You’ve got mail: NAR settlement class notices head to consumers

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Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May. Continue reading →