Industry News

The mortgage wholesaler is accused of steering and “cheating” borrowers through excessive fees, echoing some claims seen in the commissions cases.

The NAR settlement will lead to better service and lower costs for homebuyers, new research from the Consumer Federation of America suggests.

JPAR president Laura O’Conner adds chief operating officer to her title; David Romero takes on chief customer officer role at Realty ONE + more role changes.

The CEO of NextHome, founder of Rayse and co-host of an "unfiltered" podcast isn’t shy about sharing his thoughts on the agent value prop, tech and NAR.

In a blog post, CEO Carrie Wheeler said the NAR deal and rule changes would be a boon for the company: “We’ve never been so optimistic about the future.”

NAR this week sent letters asking government lending agencies to allow buyers to finance agent compensation. Thursday, it started getting answers.

Judges heard from both defendants and plaintiffs on Thursday who spoke about the “burdensome” nature of consolidation and the local nature of the cases.

Even as settlements continue to roll in, a panel of judges will hear arguments tomorrow about merging the remaining buyer agent commission lawsuits.

State Farm, which stopped issuing new homeowner policies in the state last year, will no longer renew thousands of existing policies starting in July.

HomeServices of America’s decertification request was denied, and the case will now shift to other post-verdict motions, including a request for a new trial.

The Moehrl suit, like Sitzer/Burnett, was filed 4 years ago and has just one defendant left: HomeServices of America, which hasn't chosen to settle.

Criminals are using more sophisticated tactics and tools to defraud real estate professionals including brokerages and lenders.

NAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.

The internal promotions will help “drive our brand into a new era of growth and success,” said the company’s founder and CEO.

Now the lone defendant in at least two cases, the brokerage vows to "aggressively pursue options" to resolve litigation even as it faces billions in damages.

Windermere appoints sales director for California; T3 Sixty promotes tech leaders; NAHREP names 2024 president; Janet Kane now CEO at Cape Fear Realtors.

The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.

Buckle up: The proposed NAR settlement will unleash a fast-moving wave of change – and opportunity, especially for buyer agents who can articulate their value.

Opinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.

Court documents outline a payment schedule and a series of rule changes, including the elimination of offers of compensation through the MLS.