Sacramento-based Prime Real Estate Team joins eXp Realty

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

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

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

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

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

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

Ending Clear Cooperation is a win for big brokers — and no one else

According to Redfin CEO Glenn Kelman, big brokerages have a vested interest in getting rid of Clear Cooperation, even at the expense of agents and consumers. Continue reading

Isaac Lustgarten leaves Official for The Corcoran Group

The luxury broker is the latest to leave embattled Official in the wake of multiple lawsuits alleging the Alexanders committed rape and sexual assault. Lustgarten has closed more than $250 million in career sales. Continue reading

A fixture of Texas Realtor groups narrows in on ethics in real estate

Broker Romeo Manzanilla spoke to Inman ahead of his appearance at Connect Austin on Oct. 9 about raising professionalism in the real estate industry in the wake of NAR settlement changes. Continue reading