Realogy CEO explains the problem with big agent signing bonuses

Realogy CEO Ryan Schneider is wary of chasing agents with big signing bonuses because he’s not sure the return on investment is there, he explained at the Keefe, Bruyette & Woods Real Estate Finance & Asset Management Conference on Thursday. Continue reading

Better Homes and Gardens Real Estate goes capped, taking on KW

Better Homes and Gardens Real Estate’s franchise business is moving to a capped fee model, where franchisees pay a royalty fee capped at a set amount per annual agent sales. It’s the only Realogy franchise business that will be operating outside the 6 … Continue reading

Notarize has facilitated more than $1B in online closings since 2017

It took about 18 months to hit $1 billion, but the company expects to hit a second billion in just 4 weeks, Notarize CEO Pat Kinsel told Inman. Continue reading

Century 21 Beachside and Coldwell Banker Beachside are shutting down

Tom Denny, the longtime owner of both residential brokerage franchises, plans to retire, he told Inman. That means all the more than 550 agents who presently hang their hats across the 10 offices maintained by the two brokerages will be looking for new… Continue reading

An epic fall from grace: Realogy’s total stock collapse

NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. They are also shedding more and more poor perfo… Continue reading

KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

Realogy, Keller Williams, HomeServices of America and RE/MAX filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry.  Continue reading

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward. Continue reading

NAR files motion to dismiss ‘bombshell’ buyer-side lawsuit

In a statement, NAR said it wants the suit thrown out because it “misrepresents” the organization’s rules that govern multiple listing services. Continue reading

Realogy CEO buys $1M of company stock following losses

One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Continue reading

Florida indie brokerage unveils agent tech platform, plans expansion

Automated Back End provides agents with automation and collaboration tools, e-signing software and one-click marketing. It is designed to work on all of an agent’s electronic devices. Continue reading