71% of real estate agents didn’t close any deals last year

At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading

Real estate lawyers take big stand against agent commission sharing

CRMLS General Counsel Ed Zorn and Leading Real Estate Companies of the World Chief Legal Officer Jessica Edgerton warned agents not to fall back on old practices, like sharing commissions. Continue reading

RE/MAX CEO: ‘I don’t think RE/MAX deserves to be Kodak’

At Inman Connect New York, Erik Carlson said he wants everyone to know the real estate franchisor is “open for business.” Continue reading

How to take advantage of ‘the new normal’ post-NAR settlement

At Inman Connect New York, Kendall Bonner, Russ Cofano and Christine Jacobson urged agents to change how they communicate their value. Continue reading

Keller Williams CEO and President Mark Willis steps down after 1 year

Willis will transition to a new role within the company while Chief Legal Officer Stacie Herron steps in as interim COO, according to an internal email sent to Keller Williams employees on Wednesday. Continue reading

American Real Estate Association absorbs NYC trade group

The integration with the New York Residential Agent Continuum paves the way for the organization’s first local chapter while turning up the heat on its rivalry with the National Association of Realtors. Continue reading

NAR hires insider as ‘first-ever’ senior VP of industry relations

Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.” Continue reading

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading

DOJ asks appeals court to speak in REX case against NAR, Zillow

Attorneys for the DOJ’s Antitrust Division on Wednesday submitted a request to provide an oral argument alongside REX, Zillow and NAR in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading

Former Realtor president sues NAR over 3-way agreement

Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access. Continue reading