WATCH: Anywhere’s sitting pretty after Sitzer | Burnett settlement

Find out why CEO Ryan Schneider sees the decision to settle as offering a “competitive advantage” for his company’s agents and brokers. Continue reading

Meet the brokerage getting ahead of the post-Sitzer commission rush

DeLeon Realty in Silicon Valley began advertising commissions of 3.5 percent or less for homesellers who choose to work with the firm. The marketing push appeared in the mail and social media this week. Continue reading

NAR halts ‘presidential initiatives’ for next 2 years amid turmoil

The trade group will not take on pet projects for the duration of NAR President Kevin Sears’ tenure, which is slated to last until November 2025, he told NAR’s Board of Directors Wednesday morning. Continue reading

Anywhere posts declining revenue, losses in ‘incredibly tough housing market’

The real estate brokerage and franchisor posted $5.6 billion in revenue during a grueling 2023 while losses improved to $97 million, according to a full-year earnings call on Thursday morning. Continue reading

As groups fight DEI, multicultural trade organizations hold the line

As many organizations pull back on their support for diversity, equity and inclusion initiatives, Julia Lashay Israel writes that multicultural trade organizations are stepping in to promote professional development and homeownership for marginalized g… Continue reading

CoStar, Zillow, RE/MAX among 118 firms sued by law enforcement

Atlas Data Privacy Corp. alleges the companies disclosed home addresses and unpublished home phone numbers for judges, police officers, prosecutors and their families. Continue reading

Luxury brokerage faces court battle to get its buyer agent paid

Beverly Hills Estates, led by Branden and Rayni Williams, is fighting for buyer agent Michelle Graci’s right to an agreed-upon 50 percent of the deal’s broker commission after seller Ronen Nahum alleged misconduct. Continue reading