Tag Archives: commission lawsuits

Realty One Group scoops up Florida indie MVP Realty

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MVP Realty CEO Derek Carlson said moving to Realty One Group will bring agents a variety of upgrades while leaving his company’s core values intact. Continue reading →

HomeServices commission settlement gets prelim approval

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HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading →

California Association of Realtors taps Phil Hawkins as new CEO

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Hawkins had been working as the CEO of the Pacific West Association of Realtors in Southern California and will now lead C.A.R. during a challenging time for the industry, Continue reading →

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

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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

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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

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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

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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

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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

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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

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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 →