Brokerage News

The Agency Seattle grows; RE/MAX nabs Houston indie; Sotheby's now in Anguilla; C21 adds W. Virginia firm; top NY agent back at Compass; Corcoran firm expands.

Saul Klein, who helped push real estate online in the '90s and served in numerous tech and leadership roles, is the new CEO and director of SDMLS.

Robert Reffkin got a hefty cash bonus and a raise for 2024, but he had to give up a stock plan worth upwards of $25 million.

The family-run company may not project the flashy style of some other firms, but it offers substance, with a successful growth strategy and continued momentum.

Lawyers in Missouri are making a case for copycat consolidation, asking that their new lawsuit be pulled together with similar suits from around the country.

As lawsuits bogged down many industry players, Anywhere’s CEO made the decision to settle, positioning his company to focus on profitability and the path ahead.

Century 21 adds suburban Atlanta and Orlando brokerages; eXp teams merger “a game-changer” for Arizona; Carolina Sky joins Real; Turks & Caicos firm rebrands.

KW promotes two longtime leaders to help enhance regional growth.

The former eXp CEO is resigning from the company’s board and reported selling 60,000 shares of company stock last week.

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.