‘Business as usual’: Hiccups but few calamities as NAR rules roll out

New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos. Continue reading

Landmark real estate commission rules officially go into effect today

The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading

Gains and losses amid market shifts: Q2 2024 earnings

The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who’s up and who’s down. Continue reading

RE/MAX’s Motto Mortgage office count is shrinking for first time

Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up. Continue reading

HomeServices commission settlement gets prelim approval

HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading

RE/MAX agent count drops as revenue falls for 8 straight quarters

Franchisor reported its U.S. agent count fell 6.3 percent during the second quarter as revenue fell 4.8 percent compared to a year earlier, according to its earnings report. Continue reading

Quintavius Burdette on ‘surviving’ real estate and reality television

The high-volume RE/MAX real estate agent and former “Survivor” contestant broke down how he manages his time to build a fast-growing real estate business at ICLV on Thursday. Continue reading

Bulletproof Ohio home goes under contract after multiple offers

The home was listed for $399,900 over two weeks ago. Listing agent Jon Modene refers to the home as having “the strangest and greatest potential I have ever seen.” Continue reading

No HomeServices deal yet, months after settlement announcement

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading