Anywhere, RE/MAX settlement approval moves forward
The two firms — the only major brokerage companies yet to settle in the commissions cases — are on track to finalize their agreements this May.
January 8, 2024
Cheryl Reid-Simons
Cheryl Reid-Simons has more than a decade of experience covering business, government and courts for daily newspapers in the Pacific Northwest. As a freelancer, she has turned her focus to real estate and healthcare and is known for her human approach to complex topics.
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- Mortgage rates still falling — just not as quicklyFollowing last week’s substantial drop, rates leveled off but still declined modestly, while pending home sales were flat.December 28, 2023
- Agents of Change: How ERA King created a ‘culture based on giving’Everett King learned the value of giving back from his father. When he took over the family real estate business, he imparted that lesson to his agents.December 24, 2023
- Opendoor co-founder Eric Wu is leaving the companyWu previously stepped down from the CEO role last year and said he is now "called to get back to my startup roots."December 15, 2023
- The Ten: Cyberattacks exposed real estate's vulnerabilities — and strengthsHacks wreaked havoc in the second half of the year. But the industry pulled together, proving that professionalism and relationships are what drive real estate.Updated January 2, 2024
- NAR membership falls by nearly 6,000 in NovemberAfter a tumultuous year for NAR and the industry, membership in the nation's largest trade organization is headed for its first yearly drop in over a decade.December 11, 2023
- Redfin AI tool allows shoppers to virtually redesign roomsPowered by Roomvo, Redfin Redesign is launching on 75,000 listings and lets home shoppers change paint colors, flooring and countertops with a few clicks.December 7, 2023
- The Ten: Squeezed from all sides, buyer’s agents remain resilientBuyer’s agents in 2023 were at the center of questions about compensation — and their value. But those who have made it through are confident of their worth.December 6, 2023
- Closings inch forward as agents navigate title company hackFidelity National Financial, the nation’s largest title company, coming back “office by office” as real estate agents and loan officers find low-tech solutions.Updated November 30, 2023
- Georgia homesellers file their own commissions lawsuitThe case takes aim at NAR and local as well as national brokerages, while calling out the current system as a way to protect ineffective agents.Updated December 12, 2023
- Hack at nation’s largest title company stalls closingsFidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.Updated November 30, 2023
- Buy Side: The impact of Sitzer/Burnett hits homeWhen Melissa Savenko told a pair of buyer clients about the recent verdict, they balked at the idea of paying commissions. She thinks it's just the beginning.November 19, 2023
- Texas commissions lawsuit targets teams, associationsTexas Realtor associations and 20+ brokerages and teams are being sued by a home builder and magazine publisher who call NAR the “creator of the conspiracy.”Updated December 15, 2023
- Brokerage on a mission gives millions back to military familiesIn a Navy town, McKenzie Better Homes and Gardens Realty supports military families and veterans with more than the typical real estate services.November 10, 2023
- Redfin ready for a ‘revolution’ after commissions verdictCEO Glenn Kelman told investors its customer focus, including self-service options for buyers, helped improve earnings and could help Redfin grab market share.November 2, 2023
- Read if you dare: The scariest housing markets in the countryA Point2 analysis says California is all tricks and no treats for homebuyers facing the bogeymen of high prices, low inventory and rising mortgage rates.October 31, 2023
- Buy Side: ‘If you’re going to last in this business, you have to be nimble’Atlanta–area agent Amy Fuchs says people don’t always understand how their agents are compensated, and she worries commissions lawsuits could hurt buyers.October 30, 2023
- Market Moods: Interest rates aren’t spooking Mid-Atlantic buyersA Bright MLS survey found that for most buyers, high mortgage rates didn't affect their purchase decision, and many said it's gotten easier to find a home.October 20, 2023
- Judge reaffirms agents’ right to create listing floor plansTwo cases that attracted national attention move toward a quiet conclusion, with a judge ruling that floor plans aren’t the same as building designs.October 15, 2023
- Real estate diversity groups come together to ‘stop hate’Stop Hate In Real Estate, a collaboration between the LGBTQ+ Alliance, AREAA, NAHREP and WomanUp!, aims to fight discrimination.September 27, 2023
