BrokeragesPeople on the Move at Keller WilliamsKW promotes two longtime leaders to help enhance regional growth.Real Estate News StaffDecember 20, 2023
BrokeragesJason Gesing steps away from eXp boardThe former eXp CEO is resigning from the company’s board and reported selling 60,000 shares of company stock last week.AJ LaTraceDecember 18, 2023
BrokeragesTrends 2024: 6 things brokerage leaders should do as buy-side shifts loomAs lawsuits over agent compensation multiply, it’s important for leaders to assess agreements, training and how buyer agency adds value to their business.T3 SixtyDecember 18, 2023
BrokeragesBrokerage Beat: News from Real, C21, The Agency, moreMatt 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.Real Estate News StaffDecember 16, 2023
BrokeragesCalifornia the latest state to sue MV Realty The brokerage, which has been the target of multiple lawsuits and investigations alleging predatory practices, filed for bankruptcy in September.Robert DavisDecember 15, 2023
BrokeragesNew details in eXp sexual assault claims revealed by New York TimesFive 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.AJ LaTraceDecember 15, 2023
BrokeragesBrokers in Focus: ‘There's no half doing this anymore’Laura Ellis, Baird & Warner’s strategy leader, believes changes spurred by Sitzer/Burnett will be “good for the serious, competent real estate professional.”AJ LaTraceDecember 14, 2023
BrokeragesRedfin expands (and renames) its new agent-pay programSan 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.Stephanie Reid-SimonsDecember 12, 2023
BrokeragesTrends 2024: The 4 main brokerage models, and how they’ve changedMost brokerage companies follow a traditional commission-split model, but the landscape is shifting, with some major firms adopting new approaches. T3 SixtyDecember 11, 2023
BrokeragesThe Ten: All eyes on Hanna after bold listings shift — but now what?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.Dave GallagherDecember 9, 2023
BrokeragesBrokerage Beat: News from RE/MAX, Real, CB Warburg, moreRE/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.Real Estate News StaffDecember 9, 2023
BrokeragesSeattle-area brokerage quits NAR, on ‘right side of the story’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.AJ LaTraceDecember 4, 2023
BrokeragesRedfin settles class action case over wagesMore than 2,700 Redfin agents are eligible for compensation from the $3 million settlement payout.Dave GallagherDecember 1, 2023
BrokeragesBrokerage Beat: 'Bachelor' alum, 'agent to the stars' make moves, and more"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.Real Estate News StaffNovember 29, 2023
Brokerages$5 million bonus for Anywhere CEO has ties to lawsuitsRyan Schneider is being rewarded for his work in landing a settlement in commissions cases and delivering savings in a challenging year for real estate.Dave GallagherNovember 27, 2023
BrokeragesBrokerage Beat: News from Century 21, RealTwo multi-office Century 21 firms engage in a strategic sale; The Real Brokerage nabs large SoCal team.Real Estate News StaffNovember 24, 2023
BrokeragesPeople on the Move: NAR's 2024 leaders take their postsAfter taking on the role of president a few months early, Tracy Kasper joined other officers for their gala moment at the association’s conference.Real Estate News StaffNovember 20, 2023
BrokeragesAnywhere, RE/MAX settlements receive preliminary approvalThe agreements, which cover multiple buyer-broker commissions lawsuits, were deemed “fair, reasonable and adequate” by the judge.Dave GallagherUpdated November 22, 2023
BrokeragesBrokerage Beat: News from The Agency, Coldwell Banker, C21, Sotheby'sThe Agency opens 100th office; longtime Bermuda firm re-ups with Coldwell Banker; Century 21 adds affiliate in Mass.; Sotheby's grows in Upstate NY. Real Estate News StaffNovember 18, 2023
BrokeragesAI 'more disruptive' than lawsuits, Sanford tells eXp agentsNew 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.Dave GallagherNovember 16, 2023