Results Realty ERA acquires Mark Allen Realty to expand in Chicago

The acquisition of Mark Allen Realty will create a combined team of 80 real estate agents in three offices as the Anywhere brand grows its footprint across Chicagoland, executives announced. Continue reading

Coldwell Banker Warburg expands into Brooklyn with Dumbo office

The brokerage announced its plans to extend operations beyond its core focus in Manhattan with a new office in Brooklyn’s trendy Dumbo neighborhood, executives announced last week. Continue reading

New listings rise while high rates tamp down homebuyer demand

New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say. Continue reading

DOJ tells Supreme Court it has a right to investigate NAR policies

In its response to an NAR appeal, the DOJ acknowledged that, although it had closed an investigation into two NAR policies in 2020, it didn’t agree not to reopen it. Continue reading

Under-the-radar NAR nonprofit may have hidden GOP agenda

A new report from “The New York Times” examines the NAR-created American Property Owners Alliance, a nonprofit organization ostensibly dedicated to property rights, which has given heavily to Republican causes. Continue reading

Jason Oppenheim identified as mystery broker in kickback plot

In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the “star of a reality television show” but stopped short of naming Oppenheim. Continue reading

Compass to acquire @properties Christie’s International Real Estate

The deal is valued at around $444 million, with $150 million in cash and $294 million in equity. If finalized, it would merge the nation’s No. 1 brokerage by sales volume with the No. 8 largest brokerage. Continue reading

As NAR settlement wins approval, Batton II commission lawsuit grows

Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson. Continue reading

Texas broker latest to file suit over NAR’s divisive 3-way agreement

Luz de Amor Eytalis took aim at rules that require “forced memberships” in local, state and national Realtor associations in order to access her local multiple listing service. Continue reading

Buyer-broker agreement may limit how brokers compete, DOJ warns

Ahead of a final Nov. 26 approval hearing on NAR’s proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours. Continue reading