Is luxury real estate settlement-proof? These leaders think so

Luxury homebuyers are used to paying big bucks for quality service. That’s partly why several Luxury Connect panelists in Las Vegas think the NAR settlement won’t make a huge splash in the higher price points. Continue reading

CRMLS removes seller concession fields due to CAR forms change

California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage. Continue reading

More than 10 million homesellers targeted in class-action media blitz

JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year. Continue reading

Keller Williams hits milestone: $2B in profits shared with agents

The company celebrated during a live “growth call” with leaders from more than 1,000 franchisees in the U.S. and Canada. Nearly 150 KW agents have earned more than $1 million in lifetime profit share. Continue reading

Disparity in agent splits evident in Northeast, Intel analysis reveals

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading

No HomeServices deal yet, months after settlement announcement

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading

Zoom in closer: 4 regional housing insights from the Inman Intel Index

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading

Buyer appeals Keller Williams, Anywhere, RE/MAX settlements

The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading

60-day clock begins for brokerages seeking to opt into $418M NAR deal

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading