Brokerage News

Mark Willis challenged KW Family Reunion attendees to own their full potential and get back on a growth trajectory after a tough year.

CEO Glenn Kelman highlighted new programs and told investors the company isn’t interested in an ad war: “Our basic thesis is that the best product wins.”

Revenue dipped, but Compass managed to gain more than 1,000 agents in 2023 and cut losses for the year nearly by half.

Keller Williams’ charismatic co-founder kicked off the Family Reunion event with his hot takes on the housing market “winter” and how to get through it.

The plaintiff, who paid a 2% commission, argues in the filing that “a truly competitive rate for buyers’ agents would in fact be 0%.”

Corcoran grows in Houston; RE/MAX adds WY offices; C21 gains Denver affiliate; TN firm joins BHGRE; Livian adds 4 teams; The Agency opens in Halifax & Jamaica.

Losses rose as revenue, U.S. agent count dropped. After a leadership shakeup, CEO Erik Carlson said having "the right people" is "vital to our future success."

The company said its "decision to offboard a significant number of unproductive agents" in Q4 was offset by "excellent" retention of strong producers.

Amy Lessinger, former SVP of Region Development, takes over as president, while two other execs receive promotions.

The Batton 1 lawsuit was brought by buyers, not sellers, and will move forward against NAR, Anywhere, RE/MAX and Keller Williams with fewer claims.

United boosted agent count in 2023, but not with rev share or stock incentives. CEO Dan Duffy shared his thoughts on why the flat-fee model is a win for agents.

Real passes 15,000 agents, adds Virginia firm; SF team returns to Compass; The Agency launches in Oklahoma City; Century 21 raises $3M for Easterseals.

Net losses for the year improved, however. CEO Ryan Schneider pointed to debt reduction and settlements as wins, and spoke favorably about buyer agreements.

NAR and several national and local brokerages are named in the suit — the first copycat commissions case to be filed in the state.

Adding property management, title or other services can help a brokerage during any market by increasing revenue streams and improving customer service.

The Agency adds Vancouver office, NorCal agents; Corcoran nabs agents from Compass; ERA gains NOLA firm; Christie's expands in S. Carolina; more.

A survey of leaders found greater optimism compared to a year ago, but many are concerned about recruiting, profits and commission lawsuits in the year ahead.

Six months after fires ravaged the island, Chris Speicher says West Maui’s real estate business is in limbo, prompting his “heart-wrenching” decision to leave.

The remaining brokerage defendant asserts that Sitzer/Burnett should have gone to arbitration rather than trial.

A consultant and former Anywhere exec breaks down the actions investors should take when looking to acquire or merge with other real estate firms.