Judges decline to ‘centralize’ commission lawsuits for now

A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading

NAR President Kevin Sears sells brokerage to Anthony Lamacchia

Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week. Continue reading

President Kevin Sears pulls back curtain on changes ahead for NAR

On the “Real Estate Insiders Unfiltered” podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead. Continue reading

Real Brokerage agrees to pay $9.25M to settle commission suits

The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading

The NAR settlement would bring ‘significant benefits’ to buyers: CFA

That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says. Continue reading

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading

It’s up to you to make lemonade out of a sour NAR settlement situation

Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade, and who will continue to feast on sour grapes? Continue reading

How great agents win in the face of NAR settlement misinformation

Consumer misconceptions following the NAR settlement are wild. Jimmy Burgess talks to Keeping Current Matters CEO David Childers on how to communicate with today’s buyers and sellers. Continue reading