Brokerage News

Brokerages need to define their purpose in this new era, says Keller Williams CEO Mark Willis, and training, tech will be key to KW’s identity.

Compass gains teams in NYC, Chicago; C21 welcomes Kentucky firm; Onward grows to 300 agents; BHGRE affiliate adds Puget Sound firm; Christie's enters Singapore.

Homie says the defendants — NAR, 4 top brokerages and a Utah MLS — conspired to control competition in the industry and steered buyers away from its listings.

The company said fewer than 100 roles were affected, and it "needs less support and managerial staff" as more agents transition to Redfin Next.

Top execs discussed how the company is addressing industry practice changes, including its intention to display compensation on its listings.

Bess Freedman, CEO of Brown Harris Stevens, embraced entrepreneurship and “took a U-turn” from law to become a leading force in the industry.

MVP Realty joins Realty ONE in Florida; Compass adds two top NYC agents; Coldwell Banker gains luxury Boca Raton agent; No. 1 C21 team moves to SoCal franchise.

This week’s Mega Agent Camp was part pep rally, part confidence booster during a time of change. “I don’t fear for real estate agents…the good ones will adapt.”

CEO Glenn Kelman laid out what changes consumers could expect when working with the company’s agents, but his message was light on fee details.

Ryan Schneider tells Real Estate News that being the “first mover and the fastest learner” helped the brokerage prepare its agents for the changes ahead.

The Keller Williams co-founder told a crowd of the faithful that he sees a soft landing for the economy and success for agents who are "ready to jump" in 2025.

Massachusetts indie acquires South Shore firm; Christie's Real Estate adds Trusts & Estates arm; Corcoran grows in NC; Real, The Agency gain high-value teams.

Agent count has also continued to decline, and CEO Erik Carlson said they are looking at all aspects of their business in preparation for an industry rebound.

Preliminary approval of the deal was granted on Aug. 8, with a final hearing set for Nov. 26. Plus, Batton 2 plaintiffs respond to motions to dismiss.

The company reported strong Q2 numbers, noting that its rev share model and tech will continue to give it an edge, while “traditional models may struggle.”

CEO Glenn Kelman says the company's lower-fee model will attract consumers who are now more aware of commissions: "We can use price as a weapon to gain share."

A court filing indicates that Chicago-based At World Properties is nearing a deal in a lawsuit brought by an Illinois homebuyer.

The brokerage, which received praise for its new buyer and seller agreements, is sharing forms and scripts related to concessions and buy-side compensation.

A noteworthy United Real Estate merger in Dallas; Windermere appoints a new economist; Engel & Völkers agents get access to new design tools.

A $20 million payment on its commissions litigation settlement takes a bite out of cash flow but cost-cutting efforts yield $30 million in savings.