Tag Archives: brokerage

NAR asks Supreme Court to weigh in on DOJ fight

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The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule. Continue reading →

The Aug. 17 transition was smooth. Unless you were 1 of these Realtors

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Most real estate professionals say little has changed since new commission rules went into effect in August. But for a smaller group, the changes have unleashed a completely different experience. Continue reading →

Bright MLS CEO checks Robert Reffkin on Clear Cooperation Policy

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Bright MLS CEO Brian Donnellan takes issue with assertions made by Compass CEO Robert Reffkin in his Oct. 8 op-ed for Inman on the role of MLSs in promoting Clear Cooperation. Continue reading →

Sacramento-based Prime Real Estate Team joins eXp Realty

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The Sacramento-based Prime Real Estate Team has transitioned from Side to eXp Realty after seven years, the brokerage announced on Wednesday. After serving the white-label brokerage in the Folsom and Greater Sacramento areas, the team is ready to advan… Continue reading →

Compass appoints new head of investor relations

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Compass has hired Soham Bhonsle as its head of investor relations, according to an announcement on Wednesday. In his new role, Bhonsle will be responsible for maintaining strong investor relationships and maximizing shareholder value. Continue reading →

Realtor.com CEO Damian Eales urges caution on Clear Cooperation

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Eales said the U.S. model of cooperation remains the gold standard — but declined to take a stance on NAR’s policy. “Beware what you wish for,” he said on Wednesday at Inman Connect Austin. Continue reading →

Coldwell Banker, RE/MAX, eXp Realty swept up in Section 8 sting

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A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state. Continue reading →

Commission suit against Howard Hanna, MLS tossed on the merits

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The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars. Continue reading →

NextHome CEO James Dwiggins takes on Clear Cooperation critics

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In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads. Continue reading →