3rd round of layoffs at Newrez brings 2024 job cuts to 750

After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida. Continue reading

Feds want to expand their control over real estate sales to foreigners

A proposal would expand an existing rule and give the “Committee on Foreign Investment in the United States” power to review real estate sales near 56 military installations in 30 states. Continue reading

REColorado buyer unveiled as questions and legal fights persist

The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal. Continue reading

RE/MAX picks up hundreds of agents in Ontario, Canada

An independent brokerage and a former Century 21 franchise just switched affiliations to RE/MAX. The moves come during a time of intense competition for talent. Continue reading

REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading

Keller Williams picks up 31-agent Texas indie

TJ Lewis Real Estate is based in Austin, Keller Williams’ home turf, and has done $27.9 million in volume this year so far. Continue reading

Mother-son duo decamps from CB to Side-powered boutique

California-based Peg King and Jeremy King, who did $45 million in volume last year, are joining LivXplore Real Estate & Lifestyle. Continue reading

Coldwell Banker tops off wine country recruiting with new team

The Sonoma County-based Prosper Team brings five agents to Coldwell Banker — and joins the brand just days after another high-performing industry pro made a similar move. Continue reading

Proposed sale of REcolorado to private equity firm raises alarms

The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal. Continue reading

$25M real estate team RR Galaxy joins Keller Williams in Naperville

Naperville, Illinois-based team RR Galaxy has joined Keller Williams, it was announced Friday. The 4-person team has closed more than $74 million in sales over the past 2 years, executives said. Continue reading