Brokerage News

The major independent firm announced a pair of deals this week that support its strategy of steady growth across the eastern U.S.

Defendants including Compass, Redfin and seven other large firms can now move on from litigation in the sell-side commissions cases.

Revenue was also up, and CEO Robert Reffkin said top agents have been able to increase commissions “since they are now able to negotiate for themselves again.”

The company is responding to “a critical time for agents,” said founder Glenn Sanford. New incentives will take effect Nov. 1.

Scott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.

Woman-owned indie joins Century 21 in Virginia; Christie's expands to Western and South Australia; KW launches in Guatemala; CB Warburg adds agents.

There's more than $110 million at stake in a nine-brokerage commissions settlement hearing next week, while eXp has come under fire for its recent deal.

Long & Foster exec named president of Florida's Premier Sotheby's International Realty; veteran brokerage leader now Atlanta regional VP for Coldwell Banker.

Longtime CEO Howard Lorber announced his retirement from the company as board member and entrepreneur Michael Liebowitz takes over the top spot.

The defendants cite a lack of jurisdiction in the case, which alleges that NAR “controls competition” and accuses brokers of steering buyers away from listings.

Top NYC agent moves to Compass; 20-year vet joins Corcoran Centric; Florida indie gains new leader; The Agency opens in Saskatoon; C21 adds Vegas firm; more.

In a livestream presentation, Anywhere’s Sue Yannaccone warned of misinformation around Clear Cooperation and encouraged agents to share their views.

Boutique Central Valley team moves to eXp; 55-agent Minnesota group joins Real; Coldwell Banker nabs Upstate NY indie; The Agency opens fourth Florida office.

West Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.

The deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.

Christie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.

A total of nine brokerages have settled in the Gibson/Umpa case, but objectors balk at damage amounts and cite concerns over the impact on homebuyer claims.

John L. Scott and Real Estate One are the latest firms to reach a deal in the Gibson/Umpa class-action lawsuit.

KW Cares has sent more than 450 generators to associates in the Carolinas, while RE/MAX and Anywhere are helping direct funds to affected agents.

The brokerage giant is asking NAR to allow greater flexibility around Clear Cooperation and co-mingling, and loosen restrictions for non-member agents.