Crye-Leike brokerages are all 1 entity, Gibson plaintiffs tell court

In a new legal filing, homeseller plaintiffs in a commission lawsuit in Missouri dispute Crye-Leike’s claim that its six brokerages are separate and covered by NAR settlement. Continue reading

Weichert and eXp continue fight against Gibson commission claims

As the brokerages try to fend off allegations of a “sweetheart deal” in a separate case, they respond to the antitrust complaint they’re facing in a Missouri court. Continue reading

Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement

In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper. Continue reading

New commission suit against Side, others filed — and all but settled

Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit. Continue reading

Brookfield Properties said to be acquiring Divvy Homes in ‘fire sale’

Valued at $2 billion in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year. Continue reading

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading

Manufactured homebuilder’s lender draws regulatory scrutiny

Vanderbilt Mortgage, which also does business as Silverton Mortgage, is accused by CFPB of approving loans that it should have known borrowers couldn’t repay Continue reading

EXp Realty recruits The Quintin Group away from Keller Williams

Led by founder Jeff Quintin, The Quintin Group has departed Keller Williams for eXp Realty after eight years with the Texas-based franchisor. The 15-agent team boasts a lifetime sales volume of $1 billion. Continue reading

NAR’s settlement is up for final approval. Here’s why that matters

The National Association of Realtors settlement became the inciting incident for the most disruptive year for real estate in living memory. A judge is now expected to approve the deal Tuesday afternoon. Continue reading

EXp punches back over criticism of ‘sweetheart’ commission deal

The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table. Continue reading