After four years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the U.S., the Florida-based brokerage is ready to expand internationally, executives told Inman. Continue reading
The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading
Awarded since 1998, the Inman Innovator Awards honor the thought leaders making new visions of real estate a reality. Winners will be announced live at Inman Connect Las Vegas, July 30-Aug 1. Continue reading
The homesellers object that the deals’ payout is “far too low” for the “massive” number of injured parties and that franchisees should be required to implement practice changes. Continue reading
Defendants in the case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to “parrot” arguments made in Batton 1. Continue reading
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits. Continue reading
California-based proptech leader RealScout has become Leading Real Estate Companies of the World’s newest Solutions Group program member, according to an announcement on Wednesday. LeadingRE member brokers who register for a new RealScout account throu… Continue reading
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading
Judge Stephen R. Bough said payouts and practice changes in NAR’s deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent “substantial benefits” for sellers. Continue reading
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won’t quash other existing suits from buyers. Continue reading