An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs. Continue reading
The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial. Continue reading
The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading
The trade group’s attorney says NAR is “still analyzing” the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a “different case” that will likely go to trial in Q4 2024. Continue reading
The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading
The Century 21 president and CEO spoke to Intel about his 25th anniversary with the brokerage, deploying AI to recruit agents and his plan to grow marketshare across New York City in 2024. Continue reading
A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading
A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants. Continue reading