Anywhere’s revenue remains flat during Q2 at $1.7B

The franchisor’s revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company’s ability to navi… Continue reading

Compass posts gains in revenue and agent count in Q2 earnings

Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading

It’s a ‘watershed moment’ for commissions: The Download

Industry analyst Ryan Tomasello, who predicted a 30 percent fall in commissions due to legal, economic and governmental challenges, prepares to take the stage at Inman Connect Las Vegas to discuss consolidation, disruption and innovation. Continue reading

More than 10 million homesellers targeted in class-action media blitz

JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year. Continue reading

EXp not ‘doing broker-to-broker compensation’ — with caveats

A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents. Continue reading

Sequel to NAR ‘Danger Report’ set for 10-year anniversary next year

T3 Sixty plans to release “The Opportunity Report” as a follow up to its “DANGER Report” in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry. Continue reading

Dwiggins’ warning on commission workarounds: Prepare to be sued

NextHome CEO James Dwiggins shares his thoughts on agents who use websites designed to advertise offers of compensation from listings after the NAR settlement takes effect next month. Continue reading

Keller Williams hits milestone: $2B in profits shared with agents

The company celebrated during a live “growth call” with leaders from more than 1,000 franchisees in the U.S. and Canada. Nearly 150 KW agents have earned more than $1 million in lifetime profit share. Continue reading

‘Irrebuttable’ sales claims trap brokerages in settlement limbo

Several brokerages reported transacting over $2 billion in sales in 2022. After the NAR settlement made that an undesirable number, some are stuck and trying to figure out how to move forward. Continue reading

27 resources you’ll need to be ready for the Aug. 17 transition

Consider this a resource roundup to guide you through the changes you’ll make, the client conversations and even the mindset shifts that are necessary right now. Continue reading