Former Keller Williams NYC office auctions for $11.3M

Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock’s battle for their 377 Broadway office is officially over as a new owner snapped it up at an auction for $11.3 million. The office went into foreclosure in 2018 after the duo… Continue reading

Texas adjusts to growing pains as outside buyers jockey for homes

With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings. Continue reading

OJO promotes industry veteran Chris Heller to president

Former Keller Williams CEO Chris Heller previously served as OJO’s chief real estate officer. Jerimiah Taylor, formerly a vice president at OJO, will step into Heller’s previous role, the company said. Continue reading

Keller Williams mega team taps ex-Side exec Jon Boller as president

Jon Boller, Side’s former Go-To-Market Strategy vice president, will take on a new role at Livian, Keller Williams’ mega team. Boller will oversee growth for the brand’s 35-state footprint. Continue reading

Bright MLS breaks with NAR policy on commissions

Starting Aug. 9, the nation’s second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright. Continue reading

Cash is still king as Florida agents navigate ‘wonkiest market’ in years

As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of two markets that offers opportunities for luxury buyers — and next to nothing for everyone else. Continue reading

Former KW CEO Mark Willis ‘home’ 18 months after eXp recruit drama

A year and a half after Keller Williams legally blocked eXp World Holdings’ attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned. Continue reading

Keller Williams says ruling could hurt its defense in commission trial

The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor’s request to change the date because it conflicts with KW’s Family Reunion. Continue reading

The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

MLS turns back on franchisors after settling commission case for $3M

Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices. Continue reading