It’s baaack! Homebuyer commission suit against NAR rises from ashes

On Wednesday, eight homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions. Continue reading

‘Longstanding conspiracy’: Why the bombshell commission suit matters

Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here’s why it matters. Continue reading

‘Radical’ and ‘doomed’: The case against the ‘bombshell’ Moehrl suit

The real estate establishment’s latest salvo against the so-called “bombshell” buyers’ agent case is a sprawling, 3,000-word argument against granting class-action status in the Moehrl federal lawsuit. Continue reading

Wisconsin RE/MAX agent strikes social media gold with parody

With his slicked-back hair, full sleeve tattoos, nose ring and spot-on early-2000s punk rock singing voice, Wisconsin RE/MAX agent Colin Schindler struck social media gold this week with his MTV Total Request Live-worthy remake of Blink-182’s “All The … Continue reading

RE/MAX’s Motto Mortgage lures key exec from rival to fuel growth

Chris Erickson has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi. Continue reading

RE/MAX Holdings appoints its first-ever Black female board member

RE/MAX Holdings has chosen hospitality mogul Annita M. Menogan to become its first-ever Black female board member, according to an announcement on Tuesday. Menogan will serve alongside ten other members including founder Dave Liniger, interim CEO Steve… Continue reading

Appeals court rejects NAR class certification challenge in lawsuit

The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023. Continue reading

KW demands REX turn over audio recordings in commission suit

The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading