Utah homeseller files commission lawsuit against NAR, 13 others

The complaint — one of nearly two dozen targeting real estate’s long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission. Continue reading

Realty ONE Group, RE/MAX, Keller Williams rank on Franchise500 list

Eight brokerages were honored on “Entrepreneur” magazine’s Franchise500 list. Continue reading

Keller Williams settled. What does NAR do now? The Download

In the wake of the $70 million settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next? Continue reading

Keller Williams settles Sitzer, Moehrl commission suits for $70M

Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR. Continue reading

Dave Umphress’ Flourish Real Estate Network leaves KW for Real

The $1 billion in career sales network, which Umphress first launched in 2012, operates in most major Colorado markets and Austin, but has goals of ultimately expanding nationwide. When Umphress first created the group, it was part of a Colorado Keller… Continue reading

Josh Team makes a real estate comeback as SERHANT. president

The former Keller Williams president took a roughly three-year sabbatical from the industry while going all-in on being a dad. Team wasn’t sure he’d ever return to real estate — until he got to know Ryan Serhant. Continue reading

Team leaders on recruitment and retention in 2024

In the post-pandemic real estate market, well-established team leaders are focused on nurturing talented early-career agents instead of more established earners. Continue reading

Double trouble: 2nd commission suit this week hits Cali Realtors

The new lawsuit — the second filed in California this week — takes aim at rules enacted and enforced by MetroList and complied with by some of the nation’s biggest real estate firms. Continue reading

NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit

The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court. Continue reading

49% of agents sold either 1 home or none at all in the past year: CFA

Agent “glut” means part-timers are now the majority, leading to “widespread incompetence and pressure to maintain high commission rates,” according to the Consumer Federation of America. Continue reading