Does a good earnings season foreshadow trouble ahead?

Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of “headwinds” on the horizon. Continue reading

Judge halts commission-sharing case alleging inflated buyer costs

Unlike two federal cases that claim seller costs are inflated by commission sharing, New Jersey homebuyer’s lawsuit argued that buyers are the ones unfairly impacted. Continue reading

Judge in Realogy-Compass suit steps down due to Compass listing dispute

New York Supreme Court Justice Barry Ostrager recused himself from the long simmering case on Tuesday, three months after his co-op went under contract with a Compass broker. Continue reading

Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000

EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading

‘Brain exploding!’: Agents, brokers torn over commission suit ruling

Agents and brokers told Inman they’re reeling over a federal court’s decision to grant class action status in a commission suit that could rock the real estate industry by changing how they’re paid. Continue reading

Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Inman Connect returns: Big parties, tech’s reckoning and a Zillow pile-on

The event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving. Continue reading

EXp hits 80K agents, anticipates surpassing 100K by end of the year

As the online real estate brokerage surpassed 80K agents on Wednesday, Glenn Sanford also said at Inman Connect New York that Zillow is a competitor of companies like his. Continue reading

Realogy CEO Ryan Schneider: Make no mistake, ‘Zillow is a competitor’

Ryan Schneider said Zillow is competing with agents and lamented they’re still writing checks to the company. “It is a shame our industry let those companies get created,” Schneider said at ICNY. Continue reading

Brokerages that fail to evolve may get cut out of loop, top leaders warn

Realogy Expansion Brands CEO Sherry Chris and Compass U.S. Region President Neda Navab said the brokerage of the future is one that prioritizes innovation and embracing change. Continue reading