Tag Archives: Industry News

Compass COO Greg Hart to leave company at year end

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Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer. Continue reading →

KW begins notifying former agents of profit-sharing cuts

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People who left Keller Williams for a competitor have begun receiving letters telling them that their profit share earnings will be reduced from 100 percent to 5 percent. Continue reading →

FNF still mum on whether it was target of ransomware attack

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CEO Mike Nolan says FNF has resumed normal operations, and that customer disruption from the cybersecurity incident was “relatively brief” and included the Thanksgiving holiday weekend. Continue reading →

Fathom out to raise more than $7M by hiking agent fees, selling shares

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Fee increases the flat-fee brokerage implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333. Continue reading →

NAR hires new marketing and comms chief amid tumultuous year

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Suzanne Bouhia will shape NAR’s communication strategy as the organization deals with lawsuits, scandal and a harrowing year in real estate. Continue reading →

Seattle-based Coldwell Banker franchise ditches NAR

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The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading →

‘Blueprint’ of Berkshire Hathaway, Charlie Munger, dies at 99

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Longtime Berkshire Hathaway Vice Chairman Charlie Munger died on Tuesday. Munger was credited with building Berkshire Hathaway into the behemoth it is today, which includes an expansive portfolio of real estate and insurance companies. Continue reading →

Georgia homesellers file yet another antitrust commission suit

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The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading →

Keller Williams and Gary Keller face new allegations in lawsuit

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An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement. Continue reading →

Mr. Cooper faces slew of class action lawsuits after cyberattack

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The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans. Continue reading →