Brokerage News

HGTV star joins eXp; NY luxury agent moves to Brown Harris Stevens; development execs launch new firm; Coldwell Banker Premier adds team; more.

More than 70% of execs in a recent poll anticipate a bump in transactions this year, a sign of confidence that the real estate market has reached its bottom.

Revenue was up 12% in Q4, but losses increased. The company hopes cost savings, marketing and a stronger sales team will get it back in the black in 2025.

Consumers found the “digital-first” logo — which includes a subtler take on the brand’s famous balloon — more appealing than the old design, the company said.

Compass acquires D.C.-based Washington Fine Properties; Living Vogue Real Estate joins eXp Luxury; Elliman names Florida marketing VP; ERA adds WV indie; more.

The firm said homes initially listed privately sold faster and for a higher price, supporting its position that sellers should decide if or when to use the MLS.

CEO Erik Carlson announced a $5.5 million deal to settle Canadian commissions cases and a profitable end to 2024. Now RE/MAX aims to stabilize U.S. agent count.

Anticipating a slow recovery, company leaders said they’re focused on efficiency and agent productivity. Revenue rose 7% in 2024, but net losses were also up.

The brokerage’s strategy? Attract more buyers with exclusive listings, said CEO Robert Reffkin.“The gap between Compass and the industry will only accelerate.”

In a keynote presentation, the KW co-founder and other leaders discussed what an uncertain economy means for real estate — and what agents need to tell clients.

With the real estate industry only midway through a slowdown cycle, the flagship Keller Williams event looks to help agents “get through it” and thrive.

Power NYC agent returns to Douglas Elliman with his team of 19; Century 21 lands woman-owned Georgia indie; The Agency adds NJ office; Sotheby's expands in TN.

The company will roll out more features for its Real Wallet soon, including rewards that can offset brokerage fees, its CTO told Real Estate News.

Brooks Glenn will advance the Seattle-based firm's efforts to build "an inclusive culture that inspires people to stay and thrive." Plus, a promotion at BHGRE.

Ryan Schneider reaffirmed Anywhere’s "relax, not repeal" position on Clear Cooperation and reassured investors the company has the tech and people to compete.

The company, which signed an exclusive listings partnership with Zillow on Feb. 11, will complete the layoffs in July as it restructures its rentals segment.

Compass nabs $10B team; The Agency opens 3rd office in Washington state; C21 gains multiple affiliates; Real grows in Alberta; NextHome adds NC office; more.

The arguments over reverse auction allegations continued this week, with the plaintiffs saying the brokerages shopped around to “settle on the cheap.”

The brokerage denied using a reverse auction strategy to reach its $34 million settlement, arguing that the amount is comparable to what other firms paid.

The brokerage’s latest tech offering, Compass One, is an end-to-end platform focused on consumers — and private listings.