Tag Archives: real estate news

Compass launches ‘Compass One’ client portal and dashboard

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The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions. Continue reading →

Supreme Court denies NAR’s appeal request in DOJ case

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The Supreme Court didn’t explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the association’s cooperative compensation rule. Continue reading →

RE/MAX President Amy Lessinger announces resignation

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Lessinger’s departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters. Continue reading →

Louisiana agents latest to file suit over divisive NAR 3-way agreement

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Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution — and an end to rules they don’t support. Continue reading →

EXp World Holdings sells Virbela, the firm that made its virtual world

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The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement. Continue reading →

DOJ’s data sharing statement has implications for MLSs, associations

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The DOJ’s recent statement, made in relation to a lawsuit against pork producers, notes that the sharing of information among competitors could violate antitrust law “even without proof of an agreement to fix prices.” Continue reading →

HomeServices hit by buyer commission lawsuit in Florida

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The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading →

KW CEO predicts downfall of indie model amid NAR settlement

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Keller Williams president and CEO Mark Willis sat with Real Estate News to talk about his return to the Texas franchiser and how commission lawsuits could spark a new wave of brokerage and agent consolidation. Continue reading →

NYC real estate news site Brick Underground to close unless sold

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The site started as an objective resource for renters and buyers moving to or living in New York City. Staff holds out hope for a sale this month. Continue reading →