Commission lawsuits are piling up. Keep track of them all right here

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading

This is your call to action: The new future of real estate starts now

Now is the time when connections serve as the bridge to the future. Inman Connect is more than a name; it’s a call to action. It’s an opportunity to collaborate beyond individual brands, connect ideas, forge partnerships, and navigate the transformativ… Continue reading

Compass snags high-performing Rhode Island Sotheby’s team

The Blackstone Team is based in Providence and closed more than $95 million in sales volume last year. The team’s move to Compass comes amid intense competition for top talent. Continue reading

Fathom Realty continues to grow agent count with rebound in sight

While transactions fell 15 percent from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13 percent. Continue reading

Tough times for mortgage lenders? UWM hired 1,000 employees in Q3

While others are downsizing, the nation’s biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms. Continue reading

NAR President addresses Realtors for first time since Sitzer verdict

In a five-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead. Continue reading

LoanDepot warns more layoffs are coming — but on a smaller scale

With headwinds in sight for 2024, loanDepot plans to slash $120 million in annual expenses following three consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon. Continue reading

Blend now focused on growth in quest to return to profitability

Mortgage and banking tech provider reports a $41.8 million Q3 net loss with revenue down 27 percent from a year ago to $40.59 million, but company executives emphasize potential for growth. Continue reading

Newrez launches joint venture with another big Keller Williams group

New mortgage JV with New Jersey-based Keller Williams Bergen County Partners, Carnegie Mortgage Partners, follows on heels of similar deal in Georgia. Continue reading

Jamie Tian tapped to lead Asian Real Estate Association of America

At 32, the RealiFi Realty co-founder and CEO is the youngest president in the organization’s history. Tian is a broker-owner in LA and was selected as a NAR ’30 under 30′ honoree in 2017. Continue reading