DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading

Hollywood’s top 35 luxury real estate agents, revealed

It takes a highly qualified real estate agent to perform at the level that some of the world’s wealthiest celebrities demand. Here are the top ones serving Hollywood, according to “The Hollywood Reporter.” Continue reading

Compass adds 10 principal agents to Ocean City office

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume. Continue reading

CrossCountry Mortgage CEO nails profit on $30M Fort Lauderdale pad

Ronald Leonhardt Jr. purchased the Harbor Beach home for $23 million in 2021. It includes 120 feet of water frontage, a lap pool, a full summer kitchen and docking capabilities for a megayacht. Continue reading

RE/MAX settles bombshell commission lawsuits for $55M

The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including “no longer forcing homesellers to pay buyer’s agents.” Continue reading

MLS PIN settlement approved after overcoming judge’s qualms

Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading

SoCal’s RE/MAX Proper acquires 120-agent indie All Nations

Bustling Long Beach franchise RE/MAX Proper has acquired longtime indie brokerage All Nations Realty and Investments. The deal brought more than 100 new staff members and agents to the brand. Continue reading

EXp captures top-producing team in New York’s Hudson Valley

The Virginia Corbett Home Team includes 16 agents and five staffers. The team’s move to eXp comes as brokerages across the U.S. compete for top talent. Continue reading

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading