Author Archives: Andrea V. Brambila

MLS PIN pushes back against DOJ in advance of settlement hearing

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The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading →

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

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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

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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’

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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

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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

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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

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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

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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

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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

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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 →