Brokerage News

The combined company previously told Motto owners that “business will continue to move forward as it does today” but has now said franchise growth will cease.

Liniger was core to the company’s growth and vision from its founding in 1973. News of her passing came just days after Real’s acquisition of REMAX closed.

The plaintiff said KW agents sent multiple unwanted texts despite his number being on the Do Not Call Registry. KW settled a similar lawsuit for $40M in 2023.

An antitrust complaint filed against the brokerage giant last week has been amended to include a new claim and a new start period for the class.

The cloud-based brokerage has officially closed its $880M deal to buy the major franchisor as the industry’s consolidation wave accelerates.

New Englander Real Estate is now operating in Beantown. Plus, Success Realty Experts joins ERA; Christie’s opens in Abu Dhabi; Portside adds new agent in Maine.

At a trial now pushed to October, eXp World Holdings and its CEO will not face liability claims tied to former agents accused of sex trafficking and assault.

The acquisition, which shareholders voted to advance on Aug. 14, could close as soon as Aug. 24, with several C-suite positions revealed in recent SEC filings.

The antitrust lawsuit claims that the brokerage’s outsized market share in the city and its push to remove listings from portals has caused rents to surge.

It’ll take years to fix the housing deficit, and the ROAD act won’t provide immediate help — but people “should still be buying” homes, the KW co-founder said.

Rozenblat has served as Real’s chief operating officer since 2023 and will step into the new role once the acquisition closes, which could be just weeks away.

Chris Lim and Travis Saxton had been affiliated with REMAX for about 1½ years and are leaving as The Real Brokerage acquisition of the franchisor takes shape.

Modular construction has the potential to “bring greater efficiency, consistency, and predictability” to home building, KW Modular’s community leader said.

The mother-son duo brings nearly 20 years of combined experience to CB. Plus, E&V adds $675M agent in Silicon Valley; Christie’s Sereno opens 20th office; more.

The proposed M&A received “strong support,” Real’s CEO said, and RE/MAX Holdings CEO Erik Carlson called the vote “an important milestone” for franchise owners.

The California-based firm’s national expansion continues. Plus, ENRG adds health insurance coverage for agents; Midwest indie opens office in third state; more.

The Efron case, filed by Florida homebuyers, had accused the brokerage of unfairly and illegally adding a $475 fee to their 2024 home purchase transaction.

Neda Navab, who has known Compass’ CEO for over 20 years, says he “genuinely wants to build a better industry” for agents and their clients.

Watch the conversation as Kamini Lane discusses consolidation, Coldwell Banker’s “core” position within Compass, and her current stance on private listings.

The Zaken Shevett Team aims to provide an “elevated experience.” Plus, eXp gains Baja firm, ex-MLB player; Jim D’Amico buys into Corcoran affiliate; more.