The bombshell lawsuit that could undo the US real estate industry

A homeseller has filed a class action lawsuit challenging a principal tenet of how the real estate industry works in the U.S. as well as one of the main reasons behind the existence of multiple listing services: the sharing of sales commissions between… Continue reading

Former franchise sues RE/MAX Integra over ‘predatory recruiting’

Leading Edge Real Estate, a Boston indie that split from RE/MAX Integra is suing its former franchisor for what it’s calling a “predatory recruiting” campaign in violation of franchise agreements, in the wake of the divorce. Continue reading

‘I don’t like the new ownership’: Contactually clients react to Compass’ blockbuster acquisition

Compass’s acquisition of Contactually has some of the CRM-maker’s 37,000 users wondering if they should find a new customer relationship management platform. Continue reading

EXCLUSIVE: Compass scoops up Contactually, CRM-maker beloved by rivals

Compass is set to acquire Contactually, a cloud-based real estate software company with one of the industry’s leading customer relationship management (CRM) systems. Contactually’s team of 32 engineers will join Compass’ 270-person tech team to further… Continue reading

Here’s how RE/MAX plans to end consumers’ Zillow addiction

RE/MAX will begin previewing its forthcoming end-to-end real estate platform for agents and consumers this week at its R4 conference in Las Vegas. Continue reading

5 reasons we jumped the KW ship for eXp

The Ellis Team was with KW for two years and RE/MAX for nearly 18 before that. Now they are betting against franchises entirely. Here’s why leaders Rick and Tracy Ellis decided to make the move to a virtual brokerage in the name of expansion. Continue reading

RE/MAX says new agent tech platform will be ‘best to market’

Real estate franchise giant RE/MAX is getting ready to roll out its proprietary end-to-end real estate technology platform for agents later this year, competing directly with similar offerings from rival franchise Keller Williams and rival private brok… Continue reading

RE/MAX reports $50.8M in revenue for fourth quarter, beating estimates

RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue Continue reading

JP & Associates latest brokerage to offer health care to agents

Texas-based JP & Associates Realtors is the latest real estate company to offer its agents an associated health care plan, the company announced. Continue reading

WATCH: RE/MAX CEO on facing uncertainty in real estate

Adam Contos joins Warburg Realty President Clelia Peters onstage at Inman Connect New York to discuss today’s environment and how to use the tools agents have to overcome challenges. Continue reading