Tag Archives: re/max

RE/MAX settles bombshell commission lawsuits for $55M

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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

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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

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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

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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

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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 →

Man charged with threatening his agent over failed home transaction

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Richard E. Kellogg’s text messages to a RE/MAX agent led to the evacuation of the agent’s office. The Indiana suspect now faces intimidation charges in addition to fraud charges leveled in July. Continue reading →

Brokers fear losing commissions, agents if lawsuits succeed: Survey

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Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows. Continue reading →

NAR seeks to suppress DOJ probe from jury as commission trial nears

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The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading →

‘Hiya, Barbie!’: Iconic doll makes her real estate cameo

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Barbie’s total world domination extends to fashion runways, home design and real estate marketing initiatives. Continue reading →