Brokerage News

Upstart brokerage Realty of America continues to expand. Plus, LPT nabs $5B SoCal team; C21 Circle adds Michigan office; The Agency grows in Montana; more.

LPT Realty has been growing at hyperspeed. One contributor to its success? “We are letting teams drive their vision of the future,” CEO Robert Palmer said.

Having “the courage to dream” spurred Real’s rapid growth, Tamir Poleg said. But, he warned, the “industry is doomed” if brokerages don’t prioritize consumers.

Tech and scale converge as an iconic global franchise brokerage brand meets a technology-driven, high-growth platform. Why now? And what is going to change?

Tamir Poleg will be CEO of the combined company, which will serve more than 180,000 agents worldwide.

A 60-agent, $300M team joins Real in Florida. Plus, HomeServices launches OnePoint; Christie’s expands in Spain; The Agency enters Saudi Arabia; more.

The CIH Chairman and CEO explained why he’s pushing for more choice in how listings are marketed — and questioned the concept of a real estate “industry.”

The debt-restructuring move gives Compass International Holdings 51% ownership and a potential path to more control of a company tied to Sotheby’s franchises.

The brokerage giant and its subsidiaries have opted into Tuccori to resolve antitrust claims brought by homebuyers. The settlement amount was not disclosed.

A $160M luxury team joins Douglas Elliman in SoCal. Plus, BHGRE adds 120-agent affiliate; LPT gains 2 teams in Canada; Oregon broker marks milestone sale; more.

The firms are the latest to opt into Tuccori, a settlement NAR also joined — but that deal is now under fire. Plus, Veterans United pushes back in RESPA case.

The luxury firm made a grand entrance in California with its launch in five cities. Plus, Lamacchia adds Bay State team; REMAX Premier grows in Chicago; more.

A recent analysis of home sales in top Compass markets shows just how much the brokerage has increased its market share since acquiring Anywhere.

Engel & Völkers Florida, which operated dozens of shops in the state, has sued E&V Americas over the early termination of its master franchise agreement.

Arizona’s REMAX Solutions has merged with REMAX Fine Properties. Plus, Real picks up 75 agents; $25M team joins Compass; indie firm launches in NYC; more.

The holding company is not off the hook simply because its subsidiary, HomeServices of America, already settled a similar case, the court ruled.

Plaintiffs in the lawsuit filed in 2023 have met the legal standard to claim fraudulent misrepresentation by the firm and its parent company, a court ruled.

The brokerage leads the Mega 1000 with over $262B in sales volume. Plus, SERHANT makes its debut on the list while LPT, Epique and other firms make big gains.

As new distribution models emerge, the industry faces a fundamental question: Maintain an open marketplace or control access to listings?

A multi-state brokerage affiliates with United. Plus, Lamacchia expands in Connecticut; Elliman enters the Wine Country; Compass, Realty ONE add agents; more.