Judge denies Crye-Leike claim that it’s covered by NAR settlement

The Memphis-based brokerage had argued in court that it was made up of six distinct and separate companies that should be covered under the settlement by the National Association of Realtors. Continue reading

Howard Hanna demands judge’s recusal over political donations

Undisclosed political donations to Judge Stephen Bough’s wife have been called a disqualifying conflict of interest in a commission case known as Gibson. Continue reading

Krishna, Kelman dish on the future of ‘the Rocket-Redfin experience’

Rocket CEO Varun Krishna and Redfin CEO Glenn Kelman shared with Inman why they agreed to merge as part of a $1.75 billion acquisition. AI, data and a complete consumer experience were at the center of it. Continue reading

NAR makes more changes to leadership team with new CFO pick

NAR named Matthew Cenedella as its new CFO. He will replace long-time CFO John Pierpont, who will retire at the end of March. Continue reading

NAR names new general counsel as Lesley Muchow quietly steps aside

Jon Waclawski was named as Muchow’s replacement after nearly a decade serving on NAR’s political and legal teams. NAR also replaced the legal team behind Sitzer | Burnett, Batton. Continue reading

New lawsuit accuses Howard Lorber of enabling the Alexanders

Douglas Elliman and its former CEO should have known about the alleged string of drugging and sexual assaults by agents Oren and Tal Alexander and their brother Alon Alexander, according to the suit. Continue reading

Matterport lost $256M in 2024 as it continued scaling before merger

Total revenue was $169.7 million, up 8 percent compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams. Continue reading

RE/MAX announces ‘digital-first’ RE/BRAND of iconic logo

Company drops name from its iconic balloon logo, streamlines RE/MAX wordmark to give agents more flexibility with focus on modernizing the brand. Continue reading

RE/MAX agrees to pay $5.5M to settle Canadian commission suit

The company agreed to unspecified business practice changes and to make the payment to move forward from the commission lawsuits in Canada, which largely mirrored those filed in the U.S. Continue reading

RE/MAX turns $5.8M profit in Q4 despite 10th straight revenue dip

A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70 percent of RE/MAX’s revenue, the company said on Thursday. Continue reading