BrokeragesBrokerage Beat: News from Corcoran, C21, The AgencyNYC team returns to Corcoran from Elliman; Century 21 adds affiliate in Salt Lake City area; The Agency opens third Nevada office.Real Estate News StaffMarch 23, 2024
IndustryNAR settlement could ‘force innovation,’ and other reactionsNAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.AJ LaTraceMarch 22, 2024
IndustryPeople on the Move: Realty ONE elevates 5 women execsThe internal promotions will help “drive our brand into a new era of growth and success,” said the company’s founder and CEO.Real Estate News StaffMarch 22, 2024
BrokeragesCompass agrees to $57.5 million settlement in commissions suitsThe first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.AJ LaTraceMarch 22, 2024
MLS/AssnEmerging agent association sees opportunity following NAR dealNAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.AJ LaTraceMarch 22, 2024
BrokeragesRedfin brings new agent pay model to 7 more marketsRedfin Next, which offers “competitive splits” while continuing to provide agents with employee benefits, has expanded to major markets across the U.S.AJ LaTraceMarch 21, 2024
By the NumbersExisting sales make the biggest leap in a yearWhile home sales still aren’t as strong as they were in 2023, the near-10% jump in February “is a good sign” — but the momentum may not last.Cheryl Reid-SimonsMarch 21, 2024
By the NumbersSpring kicks off with rising mortgage ratesHomebuyers may have more choices, but financing continues to be challenging.Dave GallagherMarch 21, 2024
By the NumbersAgents, get your sellers readyA new Realtor.com report concludes that the best time to list in 2024 is right around the corner. Robert DavisMarch 21, 2024
MLS/AssnCould NAR’s settlement derail MLS PIN agreement?Plaintiffs ask for more time to respond to the DOJ following NAR’s announcement, which could affect the existing deal in the Nosalek case.Dave GallagherMarch 20, 2024
IndustryHomeServices stays the course in commissions lawsuitsNow the lone defendant in at least two cases, the brokerage vows to "aggressively pursue options" to resolve litigation even as it faces billions in damages.Dave GallagherMarch 20, 2024
MLS/AssnNAR seeks to clarify commissions settlement detailsIn a call with media, NAR reps sought to dispel confusion and misinformation coming out of the March 15 settlement announcement. AJ LaTraceUpdated April 12, 2024
IndustryPeople on the Move at Windermere, T3 Sixty, NAHREP, Cape Fear RealtorsWindermere appoints sales director for California; T3 Sixty promotes tech leaders; NAHREP names 2024 president; Janet Kane now CEO at Cape Fear Realtors.Real Estate News StaffMarch 19, 2024
AgentsAgents Decoded: The future is uncertain — but don’t panic!NAR’s proposed settlement in the commissions cases has quickly led to a flurry of headlines — many of them wrong. Here’s what agents need to do.Jay ThompsonMarch 19, 2024
IndustryPlaintiffs seek whopping $4.7 billion from HomeServices The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.Dave GallagherMarch 18, 2024
BrokerageseXp ‘expecting a whole lot of creativity’ in wake of NAR dealDuring a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.AJ LaTraceMarch 18, 2024
Brokerages‘We remain vigilant’ KW says as it unpacks NAR settlementFrom buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.Stephanie Reid-SimonsMarch 18, 2024
By the NumbersHomebuilder sentiment at highest level since last summerLow existing home inventory and the expectation of falling interest rates continue to drive builder optimism. Also, housing starts are up 5.9% vs. last year.Dave GallagherMarch 18, 2024
IndustryWinners, losers and a look at the post-commissions deal futureBuckle up: The proposed NAR settlement will unleash a fast-moving wave of change – and opportunity, especially for buyer agents who can articulate their value.Russ CofanoMarch 16, 2024
BrokeragesBrokerage Beat: News from C21, Christie's in Florida and IdahoCentury 21 gains North Carolina indie; PureWest Christie's moves into Idaho; John R. Wood Christie's adds nearly two dozen agents.Real Estate News StaffMarch 16, 2024