Tag Archives: Industry News

Seattle-based Coldwell Banker franchise ditches NAR

By | | Uncategorized
Comments Off on Seattle-based Coldwell Banker franchise ditches NAR

The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading →

‘Blueprint’ of Berkshire Hathaway, Charlie Munger, dies at 99

By | | Uncategorized
Comments Off on ‘Blueprint’ of Berkshire Hathaway, Charlie Munger, dies at 99

Longtime Berkshire Hathaway Vice Chairman Charlie Munger died on Tuesday. Munger was credited with building Berkshire Hathaway into the behemoth it is today, which includes an expansive portfolio of real estate and insurance companies. Continue reading →

Georgia homesellers file yet another antitrust commission suit

By | | Uncategorized
Comments Off on Georgia homesellers file yet another antitrust commission suit

The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading →

Keller Williams and Gary Keller face new allegations in lawsuit

By | | Uncategorized
Comments Off on Keller Williams and Gary Keller face new allegations in lawsuit

An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement. Continue reading →

Mr. Cooper faces slew of class action lawsuits after cyberattack

By | | Uncategorized
Comments Off on Mr. Cooper faces slew of class action lawsuits after cyberattack

The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans. Continue reading →

Anywhere, RE/MAX commission lawsuit settlements move forward

By | | Uncategorized
Comments Off on Anywhere, RE/MAX commission lawsuit settlements move forward

A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading →

Real estate CEOs: Big changes from bombshell suits ‘improbable’

By | | Uncategorized
Comments Off on Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading →

After downsizing, Better says it has cash to weather $340M Q3 net loss

By | | Uncategorized
Comments Off on After downsizing, Better says it has cash to weather $340M Q3 net loss

A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to navigate a challenging market, executives say. Continue reading →

RE/MAX parent appoints former DISH Network exec as CEO

By | | Uncategorized
Comments Off on RE/MAX parent appoints former DISH Network exec as CEO

Erik Carlson comes to RE/MAX in the wake of Adam Contos’ departure. He also joins the company at a tumultuous time for the real estate industry. Continue reading →