Tag Archives: re/max

RE/MAX parent appoints former DISH Network exec as CEO

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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 →

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

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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 →

New commission lawsuit targets REBNY and 26 companies in NYC

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Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws. Continue reading →

RE/MAX sees revenue decline for 5th consecutive quarter

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Amidst challenging market conditions, the real estate franchisor’s total revenue was down 8.7 percent year over year to $81.2 million, coming just shy of analysts’ expectations. The company also suffered a net loss of $59.5 million. Continue reading →

Will Q3 earnings keep real estate mired in a ‘Groundhog Day’ loop?

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Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it? Continue reading →

Jury finds in favor of homeseller plaintiffs in Sitzer | Burnett trial

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Jurors on Tuesday shocked the real estate industry, awarding damages adding up to $5.36 billion to homesellers after deliberating for 2 hours and 28 minutes. Continue reading →

Sitzer | Burnett closing arguments wrap as judgment day approaches

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In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions. Continue reading →

Gary Keller takes stand in person as Sitzer | Burnett verdict nears

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Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week. Continue reading →

Anywhere, RE/MAX agree to settle Nosalek commission lawsuit

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New legal filings propose that MLS PIN class members from the Nosalek lawsuit be included in the “substantive terms” of the Sitzer/Burnett and Moehrl settlements with Anywhere and RE/MAX. Continue reading →

‘Rabbit gets the gun’: The essential guide to Week 1 of Sitzer | Burnett

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Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading →