Realogy title company cuts brokerage’s commission at seller request

Engel & Völkers Austin is suing Independence Title and homeseller Robert Turner. Turner is countersuing, alleging breach of fiduciary duty. The case is set for trial on May 4. Continue reading

Real estate stocks slammed amid coronavirus market woes

Days of coronavirus-induced stock selloffs have driven the share price of numerous companies, including many in the real estate industry, plummeting. Continue reading

Barbara Corcoran loses almost $400K in phishing scam

Barbara Corcoran, who founded the New York-based Corcoran Group before selling it to Realogy, revealed to “People” this week that she was conned out of nearly $400,000 thanks to a phishing scam. Continue reading

Realogy gains 4% net revenue in Q4 2019, falls 3% year-over-year

Realogy reported a 4 percent growth in revenue for Q4 2019 during its earnings conference call on Tuesday, although it also reported a 3 percent decrease in net revenue for 2019. Continue reading

Realogy gains 4% net revenue in Q4 2019, falls 3% year-over-year

Realogy reported a 4 percent growth in revenue for Q4 2019 during its earnings conference call on Tuesday, although it also reported a 3 percent decrease in net revenue for 2019. Continue reading

Goodbye ‘NRT,’ hello ‘Realogy Brokerage Group’

Realogy is changing the name of its company-owned brokerage to Realogy Brokerage Group, but Realogy Franchise Group will retain its name. Continue reading

End-to-end times: How the all-in-1 platform became the holy grail

Companies both old and new are racing to build platforms that handle more of the real estate transaction. Agents will have to adapt to survive. Continue reading

Agent switcheroo sees Compass, Sotheby’s swapping notable teams

Atlanta agent Jere Metcalf is returning to Sotheby’s after leaving for Compass in 2018. Meanwhile, Washington, D.C. agent Marc Fleisher is leaving Sotheby’s for Compass. Continue reading

Corcoran expands to Florida 1 week after franchising in San Francisco

Premier Realty Partners, a 20-agent, two-office indie brokerage is affiliating with Corcoran. Continue reading

Fannie Mae, Freddie Mac subpoenaed in commission lawsuit

Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombs… Continue reading