Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger

What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next episode will be big. Continue reading

As NAR settlement wins approval, Batton II commission lawsuit grows

Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson. Continue reading

RE/MAX scores recruiting victories in Arizona, Indiana

A team in Tuscon will now become a franchise known as RE/MAX Horizon, while an ERA franchise in Indiana is rebranding to RE/MAX First Integrity. Continue reading

The big players sneakily winning the sluggish 2024 housing market

This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading

Award per homeseller in Sitzer is about $913 and getting smaller

Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline. Continue reading

RE/MAX’s Motto Mortgage bounces back with new offices

After seeing its open office count shrink this year for the first time ever, RE/MAX’s mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan. Continue reading

Homie: NAR created a ‘weapon’ that it used to block competition

In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy. Continue reading

Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading

Homie drops UtahRealEstate.com from conspiracy lawsuit

The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX. Continue reading