Brokerage News

Bay Area team joins KW Thrive; ex-eXp CFO moves to LPT; BHGRE expands in Tenn. with merger; REA surpasses 1,000 agents; The Agency launches NY title company.

The Chicago-area powerhouse filed its agreement in the Gibson/Umpa case on the same day that NAR and HomeServices finalized their settlements.

Consolidation has become common in residential real estate as MLSs, teams and brokerage companies strive to win by leveraging economies of scale.

RE/MAX adds firms in Arizona, Indiana; merger brings CB Premier agent count to 300; ERA expands in NE Florida with merger; C21 gains Milwaukee affiliate; more.

The luxury-focused firm announced its first franchise in the D.C. metro, which will boost its total agent count and number of offices by nearly 10% each.

In a changing industry, brokerages and agents cannot simply maintain old practices. Those who want to thrive must embrace new ways to evolve and improve.

NJ firm partners with KW; United gains ground in NOLA with second merger; Corcoran enters Mexico; C21 expands globally; Bay Area team chooses Side.

Judge Stephen Bough said discovery could continue into whether deals reached by eXp and Weichert with the Hooper plaintiffs constituted a "reverse auction."

Want to repeal the CCP? Then you shouldn’t be able to build your own listing networks while pulling from the cooperative MLS feed, says eXp CEO Leo Pareja.

Agents with Compass Resorts go beyond white-glove treatment and become "more like wealth managers" to support clients in this space, its founders say.

Hitt had been with the Germany-based luxury franchisor since 2010. Chief Strategy Officer Stuart Siegel will serve as interim CEO.

The Sacramento firm will operate under the Windermere name; Amerivest, serving four states, brings 400 agents to Real; Corcoran franchise expands in Bahamas.

During a Q3 earnings call, CEO Ryan Schneider reiterated his support of the CCP but said large firms would be the winners if it goes away. Revenue, income fell.

The franchise went the same route as eXp, agreeing to settle with plaintiffs in the Hooper case even though it was originally named in Gibson.

CEO Glenn Kelman apologized to shareholders but also said expansion of the company’s new agent pay plan will help the brokerage “go on the attack” in 2025.

The company suffered losses due to its payout in the commissions settlement, but touted agent productivity, international growth and positive revenue.

The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.

The combined deals, which total nearly $5 million, are the next step in resolving litigation for the four firms with regional and national footprints.

The quickly growing company said the acquisition of My Home Group will help bolster brokerage transactions as well as mortgage and title services.

Twin Cities and Houston-area independents embrace the Anywhere family of brands; NFL'er joins Douglas Elliman's luxury division; Christie's expands in the Alps.