City National revamps mortgage after redlining settlement

The Royal Bank of Canada subsidiary is now offering grants of up to $50,000 in majority-Black or Hispanic census tracts in the metro Los Angeles market as part of a larger initiative to boost lending in underserved communities. Continue reading

Coldwell Banker recruits Boston team away from Compass

Katherine Bell and Maddy Petrini are bringing their Bell and Petrini team to Coldwell Banker’s Back Bay office. The team has done $47 million in sales this year, according to the brokerage. Continue reading

Top Florida indie The Keyes Company settles commission suits

The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida. Continue reading

Compass recruits Douglas Elliman agent, industry vet to Palm Beach

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Ave… Continue reading

Compass launches new division for older real estate consumers

The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a “silver tsunami.” Continue reading

Halfway through 2024, luxury looks stronger than in 2023

Some key factors agents will keep an eye on as the year continues include dream homebuying trends, elections, the economy, and growing and emerging markets, according to new midyear luxury reports from Compass, Coldwell Banker and Sotheby’s Internation… Continue reading

Compass agents launch BDG Partners in Tennessee

Compass agents have united to launch BDG Partners, a full-service team based in Nashville, Tennessee, with the addition of real estate veteran Grant Hammond, the firm announced. Continue reading

Landmark real estate commission rules officially go into effect today

The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading

American Real Estate Association debuts membership program

The association aims to offer an alternative to NAR and is launching its membership program when there is a “lot of dissatisfaction with the status quo,” according to one co-founder. Continue reading

Compass expands in Carolinas with team, brokerage acquisitions

Two teams in South Carolina and a formerly independent brokerage in North Carolina have joined the firm. The groups are based in Bluffton and Charleston, South Carolina, and Asheville, North Carolina. Continue reading