Fund services for homeless with transfer fees: Colorado lawmaker

Colorado State Representative Manny Rutinel has introduced a bill that would allow county clerks and recorders to give documentary fees to fund short and long-term housing for the homeless. Continue reading

Brookfield Properties said to be acquiring Divvy Homes in ‘fire sale’

Valued at $2 billion in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year. Continue reading

DOJ adds major landlords to antitrust lawsuit against RealPage

Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of “millions” of renters. Continue reading

EXp Realty recruits The Quintin Group away from Keller Williams

Led by founder Jeff Quintin, The Quintin Group has departed Keller Williams for eXp Realty after eight years with the Texas-based franchisor. The 15-agent team boasts a lifetime sales volume of $1 billion. Continue reading

Compass rolls out second-home-focused network for agents

Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes. Continue reading

Minnesota latest to sue MV Realty over ‘immoral and illegal’ contracts

Minnesota Attorney General Keith Ellison announced the suit last week, saying the Florida-based brokerage violated consumer protection laws by selling “contracts with oppressive terms.” Continue reading

MV Realty loses Colorado license in latest setback over contracts

The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as “predatory.” Continue reading

New would-be buyer steps in with offer for REColorado

Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer. Continue reading

REColorado buyer unveiled as questions and legal fights persist

The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal. Continue reading

REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading