Brokerage News

The first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.

Redfin Next, which offers “competitive splits” while continuing to provide agents with employee benefits, has expanded to major markets across the U.S.

During a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.

From buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.

Century 21 gains North Carolina indie; PureWest Christie's moves into Idaho; John R. Wood Christie's adds nearly two dozen agents.

Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.

In a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.

The brokerage said the program, which launched as a pilot in September, is “good for our customers, our agents and our growth as a brokerage.”

CEO Mark Willis adds “president” to his title and confirms that about 30 people have been let go from the company.

Kamini Lane, who took the helm less than a year ago, has reshaped her leadership team and sharpened her focus on empowerment and making a positive impact.

United gains 1,500-agent firm; Compass adds top Pittsburgh team; The Agency opens in Hilton Head; moves at CB Warburg, John R. Wood Christie’s, E&V Gestalt.

Fourth-quarter revenue was up a whopping 89%, though net losses rose along with operating expenses.

Hanna was removed from Batton 2, marking the second time this year that the family-owned brokerage has been dropped from a buyer-broker compensation case.

In an amended complaint, plaintiffs in a sexual assault case describe the defendants’ roles in the misconduct and ask for a new trial date.

Top broker moves to E&V Kirkland; Corcoran lands Espinal Adler Team in NYC, launches in Mass.; NY “Super Brokers” join Compass; The Agency open in Mexico City.

C21 President and CEO Mike Miedler says growth is more than numbers, it’s creating opportunities for the future — and being “ready, willing and able to grow.”

Zillow’s Listing Showcase product will be available only to Hanna agents in the Cleveland and Pittsburgh metros.

Mark Willis challenged KW Family Reunion attendees to own their full potential and get back on a growth trajectory after a tough year.

CEO Glenn Kelman highlighted new programs and told investors the company isn’t interested in an ad war: “Our basic thesis is that the best product wins.”

Revenue dipped, but Compass managed to gain more than 1,000 agents in 2023 and cut losses for the year nearly by half.