CRMLS and Perchwell ink deal to launch new platform in 2023

The agreement to launch an MLS platform for subscribers comes six months after California Regional MLS bought an equity stake in Perchwell through its venture capital fund. Continue reading

Coldwell Banker agent cold call suit heads to trial as a class action

Homeowner plaintiffs allege Realogy uses its corporate structure to profit from and escape liability for letting its agents violate the law through “incessant unwanted telemarketing calls.” Continue reading

Appeals court rejects NAR class certification challenge in lawsuit

The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023. Continue reading

KW demands REX turn over audio recordings in commission suit

The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Continue reading

Realtors to push for required fair housing training nationwide

Earlier this month, NAR’s board of directors passed policies that touched on property reforms, fair lending enforcement and fair housing education for all real estate licensees, not just Realtors. Continue reading

NAR rebrands annual event to ‘NXT,’ boosts spending to make it ‘iconic’

The 1.5 million-member trade group said it decided to overhaul its annual Realtors Conference & Expo after more than two years of analysis and research. Continue reading

Insurance agency says REX is still operating, praises tech

PIUS CEO tells Inman the company is operating ‘on a smaller scale,’ but a former REX agent says those operations no longer include handling real estate transactions. Continue reading

Bright first MLS to hire a chief economist

Dr. Lisa Sturtevant will help Bright with “critical business decisions around the company’s data assets” such as evaluating products and partnerships. Continue reading

NAR, franchisors face long odds in effort to appeal class action status

NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make an antitrust commission suit a class action. Continue reading

REX abandons antitrust case against Oregon rebate ban

REX, which offers buyers commission rebates, filed suit against Oregon officials in December 2020. Continue reading