Compass launches new consumer search tools, says IPO ‘likely’

Robert Reffkin announced Monday that Compass has new, artificial intelligence-driven tools that will give consumers home recommendations and let them collaborate with their agents. Continue reading

Cut the crap: NAR lawsuit is good for consumers

Regardless of the outcome of the mega lawsuit, the sunshine from this legal assault will force the industry to clean up its act. Savvy and progressive industry leaders are using this moment to break from the past and lift the veil of secrecy for consum… Continue reading

Realogy calls Compass allegations ‘sensational’ and ‘not true’

In an internal email, Realogy CEO Ryan Schneider insisted his company never explored a sale and called Compass’ claims an attempt “to inspire sensational news coverage.” Continue reading

Compass accuses Realogy of exploring sale, files motion to dismiss lawsuit

On Friday, Compass asked a judge to dismiss a Realogy lawsuit that alleges it practiced “illegal schemes” and accused the industry giant’s CEO of exploring a possible sale of his company. Continue reading

Agent in Compass team mutiny lawsuit files countersuit

A Washington, D.C., Compass agent who was accused in a lawsuit earlier this year of mutinying and trying to steal her former team leader’s business has hit back, denying any wrongdoing and filing a countersuit for millions of dollars. Continue reading

Former Realogy exec temporarily barred from Compass’ alleged ‘dummy’ job

A New Jersey judge granted a temporary injunction in a Realogy-filed lawsuit against a former executive who attempted to flee to Compass, allegedly in violation of his restrictive covenant agreement (RCA). The judge ruled that Compass was complicit in … Continue reading

Chicago broker wars continue: Judge won’t dismiss @properties lawsuit against Baird and Warner

The lawsuit filed by @properties against Chicagoland rival Baird & Warner isn’t going away. On August 27, U.S. District Court Judge Andrea Wood denied Baird & Warner’s motion to dismiss a lawsuit from rival @properties, accusing the former of… Continue reading

Douglas Elliman agent deceived seller in dual agency deal: Lawsuit

A newly amended lawsuit alleges Douglas Elliman’s Florida operation failed to supervise its agents, one of whom is accused of committing forgery and fraud. Continue reading

National Association of Realtors asks judge to toss antitrust suits

A pair of lawsuits could upend how compensation works, but NAR believes the cases “are wrong on the facts, wrong on the economics and wrong on the law.” Continue reading