HomeServices hit by buyer commission lawsuit in Florida

The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading

KW CEO predicts downfall of indie model amid NAR settlement

Keller Williams president and CEO Mark Willis sat with Real Estate News to talk about his return to the Texas franchiser and how commission lawsuits could spark a new wave of brokerage and agent consolidation. Continue reading

NYC real estate news site Brick Underground to close unless sold

The site started as an objective resource for renters and buyers moving to or living in New York City. Staff holds out hope for a sale this month. Continue reading

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. “Nobody wants to sell anything today,” he said. Continue reading

More homebuyers are blaming their agents — and hauling them to court

Even though the extreme seller’s market is in the rearview mirror, disgruntled clients have been filing more lawsuits against their agents, according to an analysis by Victor Insurance Managers. Continue reading

Prominent indie Baird & Warner makes its own investment in tech

Baird & Warner will partner with Inside Real Estate’s kvCORE platform to provide companywide technology advantages for agents and clients. Continue reading

Groundfloor gets $3M more from individual real estate investors

Crowdfunded investment platform Groundfloor raises $3 million more and doubles year-over-year revenue. Continue reading

Back At You birthed from merger with Realistiq

Back At You Media and Realistiq combine to offer automated social media and digital marketing with back-office oversight under the banner Back At You. Continue reading