Brokerage News

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.

Numbers were down, but revenue declines slowed. Leadership painted a cautiously optimistic picture — and presented its point of view on Clear Cooperation.

The major independent firm announced a pair of deals this week that support its strategy of steady growth across the eastern U.S.

Defendants including Compass, Redfin and seven other large firms can now move on from litigation in the sell-side commissions cases.

Revenue was also up, and CEO Robert Reffkin said top agents have been able to increase commissions “since they are now able to negotiate for themselves again.”

The company is responding to “a critical time for agents,” said founder Glenn Sanford. New incentives will take effect Nov. 1.

Scott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.

Woman-owned indie joins Century 21 in Virginia; Christie's expands to Western and South Australia; KW launches in Guatemala; CB Warburg adds agents.

There's more than $110 million at stake in a nine-brokerage commissions settlement hearing next week, while eXp has come under fire for its recent deal.

Long & Foster exec named president of Florida's Premier Sotheby's International Realty; veteran brokerage leader now Atlanta regional VP for Coldwell Banker.

Longtime CEO Howard Lorber announced his retirement from the company as board member and entrepreneur Michael Liebowitz takes over the top spot.