Brokerage News

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.

The defendants cite a lack of jurisdiction in the case, which alleges that NAR “controls competition” and accuses brokers of steering buyers away from listings.

Top NYC agent moves to Compass; 20-year vet joins Corcoran Centric; Florida indie gains new leader; The Agency opens in Saskatoon; C21 adds Vegas firm; more.

In a livestream presentation, Anywhere’s Sue Yannaccone warned of misinformation around Clear Cooperation and encouraged agents to share their views.

Boutique Central Valley team moves to eXp; 55-agent Minnesota group joins Real; Coldwell Banker nabs Upstate NY indie; The Agency opens fourth Florida office.

West Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.

The deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.

Christie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.

A total of nine brokerages have settled in the Gibson/Umpa case, but objectors balk at damage amounts and cite concerns over the impact on homebuyer claims.

John L. Scott and Real Estate One are the latest firms to reach a deal in the Gibson/Umpa class-action lawsuit.

KW Cares has sent more than 450 generators to associates in the Carolinas, while RE/MAX and Anywhere are helping direct funds to affected agents.

The brokerage giant is asking NAR to allow greater flexibility around Clear Cooperation and co-mingling, and loosen restrictions for non-member agents.

ERA Prime grows in Detroit; door-to-door experts join Real; Expect Realty affiliates with Better Homes and Gardens; a Leading Edge merger in Tennessee.

The Rocky Mountain State revokes troubled brokerage’s license over 40-year right-to-list agreements as Minnesota joins 10 other states in filing suit.

The brokerage platform also asked a judge to dismiss a copycat commissions lawsuit, saying it fails to prove Side conspired with anyone over agent compensation.

Agent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.

eXp adds NY team with 200-plus agents; RE/MAX Key Properties merges with West + Main Homes Oregon; Nicole Reed & Associates gets Real; and more.

The cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.