It’s not just KW! Compass was hit with a telemarketing lawsuit, too

A renter outside Portland, Oregon, sued Compass this week, saying its agents contacted her despite her phone being on the National Do Not Call Registry and multiple requests to stop calling. Continue reading

Keller Williams hit with new telemarketing lawsuit in New York

A New York homeowner claims text messages sent by an associate broker at Keller Williams amounted to an “invasion of her privacy” and a violation of the Telephone Consumer Protection Act. Continue reading

Anywhere cuts earnings estimate by 10% amid sluggish 2025 sales

The company now expects to earn as much as 10 percent less this quarter than it expected in April, according to a new SEC filing. The company’s stock price fell sharply in early trading hours. Continue reading

Anthony Lamacchia had 3 minutes with Trump. This is what he told him

Ahead of Inman Connect San Diego in July, Lamacchia revealed what he said at Trump’s West Palm Beach golf club this year that drew the president’s ire. “He was not happy to hear it,” he told Inman. Continue reading

MV Realty begins letting Florida clients out of 40-year contracts

The company offered thousands of quick cash loans in exchange for 40-year exclusive listing agreements that a judge found violated the law and issued an injunction stopping the practice. Continue reading

Opendoor sheds more employees following Nasdaq delisting threat

After posting losses in 16 of the past 18 quarters, Opendoor implemented the latest in a string of layoffs on Wednesday, primarily on the iBuyer’s sales side, Inman has learned exclusively. Continue reading

WeWork is profitable again after working through its bankruptcy

The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday. Continue reading

California broker challenges NAR rule over dues for non-members

Modesto broker John Diaz took aim at NAR, CAR and two local organizations for the creation and enforcement of the Variable Dues Formula, which he claims is illegal and anticompetitive. Continue reading

Judge denies attempt to toss most of ex-Vegas Realtor CEO’s lawsuit

Former CEO Wendy DiVecchio filed suit in February, saying she was wrongfully terminated and her reputation damaged after a prolonged and mysterious investigation that hasn’t been made public. Continue reading

Appraisal Institute ousts vice president amid ongoing turmoil

Craig Steinley was voted out Wednesday by a two-thirds majority of the Institute’s 28-member board, less than two weeks after a New York Times exposé surfaced harassment and misconduct allegations. Continue reading