Brokerage News

As lawsuits over agent compensation multiply, it’s important for leaders to assess agreements, training and how buyer agency adds value to their business.

Matt Lionetti leaves The Agency for Real; Century 21 firms merge in S. Carolina; The Agency expands in Long Island; eXp Luxury and eXp Canada grow; more.

The brokerage, which has been the target of multiple lawsuits and investigations alleging predatory practices, filed for bankruptcy in September.

Five women told the Times that it took a lawsuit to get action on predatory behavior. A second lawsuit has been filed, and eXp said that it let “bad actors” go.

Laura Ellis, Baird & Warner’s strategy leader, believes changes spurred by Sitzer/Burnett will be “good for the serious, competent real estate professional.”

San Diego and Orange County join San Francisco and LA as Redfin Next launch cities on Jan. 1. The program is designed to “remove the ceiling” from compensation.

Most brokerage companies follow a traditional commission-split model, but the landscape is shifting, with some major firms adopting new approaches.

After becoming CEO of the nation’s largest independent brokerage, Hoby Hanna limited access to some listings. Expanding that approach is the table for 2024.

RE/MAX adds 120 agents through two affiliations; Real takes on Kansas City; CB Warburg promotes COO; C21 gains firm in Illinois; The Agency opens in Boulder.

Coldwell Banker Danforth broker/owner says he’s not against NAR, but that he wants agents to be able to decide for themselves if they join or not.

More than 2,700 Redfin agents are eligible for compensation from the $3 million settlement payout.

"Bachelor" star takes team to Real; Compass celeb agent expands reach; Christie's nabs Bay Area team; Corcoran Pacific adds owners; The Agency enters Marbella.

Ryan Schneider is being rewarded for his work in landing a settlement in commissions cases and delivering savings in a challenging year for real estate.

Two multi-office Century 21 firms engage in a strategic sale; The Real Brokerage nabs large SoCal team.

After taking on the role of president a few months early, Tracy Kasper joined other officers for their gala moment at the association’s conference.

The agreements, which cover multiple buyer-broker commissions lawsuits, were deemed “fair, reasonable and adequate” by the judge.

The Agency opens 100th office; longtime Bermuda firm re-ups with Coldwell Banker; Century 21 adds affiliate in Mass.; Sotheby's grows in Upstate NY.

New buyer agency agreements are coming (though agents don't have to use them), but the focus should be on relationships, eXp’s CEO said in a YouTube broadcast.

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

Erik Carlson replaces interim CEO Steve Joyce as the leader of the company's real estate brokerage and mortgage divisions.