Anywhere, RE/MAX commission lawsuit settlements move forward

A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading

Commission lawsuits are piling up. Keep track of them all right here

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading

Sitzer attorney files new suit against Compass, Redfin, others

Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy Continue reading

‘Rabbit gets the gun’: The essential guide to Week 1 of Sitzer | Burnett

Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading

Agents steer buyers to homes with better commissions, study claims

The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers’ agents received less attention and took longer to sell. Continue reading

Compass to launch network aimed at relocating medical professionals

Moving Medicine Partners will launch as a national network of agents later this month with St. Louis relocation specialist Zoe Cangas leading the new initiative, Inman has learned exclusively. Continue reading

And the cheapest state to buy a home is…

Although median home price growth has slowed from its once-maniacal pace, purchasing a home is still an expensive feat as existing-home prices reached $375,700 in March. Inflation and elevated mortgage rates have created additional financial pressure a… Continue reading

Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading

This tiny Midwestern village was Zillow’s most-searched city of 2022

Prairie City, Kansas, on the Kansas-Missouri state line, was Zillow’s most popular housing market in 2022, drawing unusually high traffic and leading the site for daily page views, the portal revealed. Continue reading

Real estate agents band together for recovery in tornado-stricken states

Tornadoes ripped through six states between Friday and Saturday morning, wreaking havoc and destruction. Realtors told Inman that they were helping each other amidst the devastation. Continue reading