Former Realtor president sues NAR over 3-way agreement

Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access. Continue reading

Louisiana agents latest to file suit over divisive NAR 3-way agreement

Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution — and an end to rules they don’t support. Continue reading

Oren and Alon Alexander named in new lawsuit alleging rape in Aspen

The lawsuit filed on Monday alleges that the brothers in 2017 lured a 17-year-old minor and her two friends to their hotel room where they then sexually assaulted the women. Continue reading

Minnesota latest to sue MV Realty over ‘immoral and illegal’ contracts

Minnesota Attorney General Keith Ellison announced the suit last week, saying the Florida-based brokerage violated consumer protection laws by selling “contracts with oppressive terms.” Continue reading

MV Realty barred from enforcing 40-year contract in California

A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year “homeowner benefit agreements.” Continue reading

On Realtor.com’s hottest ZIP codes list, the Midwest reigns supreme

Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com’s 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list too as out-of-state homebuyers search for a good deal. Continue reading

Corcoran Sawyer Smith enters Pennsylvania with new acquisition

With the acquisition of Weidel Real Estate, the Corcoran Group franchisee is adding approximately 180 agents and seven new offices to its ranks, as well as moving into Pennsylvania. Continue reading

Engel & Völkers expands into new Pennsylvania markets

The luxury brokerage has entered Pittsburgh and Sewickley, marking its third new location in the Great Lakes Region so far this year. License Partner Elias Pappan is leading the new shops. 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