Tag Archives: Industry News

MV Realty barred from enforcing 40-year contract in California

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A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year “homeowner benefit agreements.” Continue reading →

Compass nabs high-profile NYC agent from Official

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Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times. Continue reading →

Umansky threatens to sue NAR as pocket listing pressure mounts

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The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading →

Oregon real estate brokerages merge under RE/MAX banner

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Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents. Continue reading →

Trump allies formulating plans to privatize Fannie and Freddie

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A new “Wall Street Journal” report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee. Continue reading →

Dwiggins-led franchisor NextHome settles commission suits

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NextHome has more than 600 offices across the U.S. but is perhaps best-known for CEO James Dwiggins, who has been a prominent commentator on antitrust litigation. Continue reading →

Polly hiring after landing $25M in new equity funding led by 8VC

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New funding will allow Polly’s product and engineering teams “to double down on new product innovation,” including a new AI platform that was in closed beta testing with a number of the nation’s largest mortgage lenders in May. Continue reading →

Clear Cooperation takes center stage, faces pressure to change

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Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading →

Fathom shares bounce back on prospects for agent growth

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Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125 percent as the company continues to add agents and pursue plans to expand operations to all 50 states and Canada. Continue reading →

Kathleen Lappe named Innovator of the Year at NAR’s iOi Summit

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Kathleen Lappe, the founder and CEO of a multi-lingual AI property marketing solution, has been named Innovator of the Year at the National Association of Realtors’ 2024 Innovation, Opportunity & Investment (iOi) Summit. Continue reading →