Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading

As supply dwindled, nation’s biggest brokerages gained market share

The biggest real estate brokerages and franchise networks made big gains in market share in 2021, a new report reveals. Continue reading

Showing management startup Instashowing nabs $4M in funding

Former Trulia CEO Pete Flint once again led the funding round. The company will primarily use the funds to develop an open API for showing services Continue reading

Realogy clutches top spot on T3 Sixty’s 2021 Mega 1000 list

Realogy secured the top spot on T3 Sixty’s Mega 1000 list with $184 billion in 2020 sales volume. However, brokerages with alternative models are closing the gap. Continue reading

2 top Douglas Elliman execs jump to HomeServices of America

Douglas Elliman executives Brad Loe and Steven James, the president of the brokerage’s New York City operations, will help craft HSA’s growth strategy. Continue reading

Real estate giants’ COVID-19 motion fails to stop commission lawsuit

Court rules that discovery will continue amid coronavirus outbreak in suit against NAR, Realogy, Keller Williams, RE/MAX and HomeServices of America. Continue reading

HomeServices of America is once again the top real estate brokerage

HomeServices of America topped the annual Real Trends 500, edging out the Realogy Brokerage Group for the top spot in 2019 transaction sides. Continue reading

Goodbye ‘NRT,’ hello ‘Realogy Brokerage Group’

Realogy is changing the name of its company-owned brokerage to Realogy Brokerage Group, but Realogy Franchise Group will retain its name. Continue reading

Fannie Mae, Freddie Mac subpoenaed in commission lawsuit

Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombs… Continue reading