The National Association of Realtors settlement became the inciting incident for the most disruptive year for real estate in living memory. A judge is now expected to approve the deal Tuesday afternoon. Continue reading
The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license. Continue reading
In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading
Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading
The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. Continue reading
NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5 million. Continue reading
The Sacramento-based company will operate using the name “Windermere Signature Properties” nearly four years after its acquisition. The firm boasts more than 700 agents, as well as 14 offices. Continue reading
Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading
Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading