Industry News

The path is more clear for MLSs than brokerages, according to a top industry lawyer. The National Association of Realtors, meanwhile, had no comment.

The companies have hired veteran financial executives to support growth efforts, with Chris Lown joining CoStar and Chris Black joining the proptech leader.

The company, which has been dubbed a “repeat offender” by regulators, faces another penalty for submitting inaccurate loan data.

Connecticut’s SmartMLS reluctantly decides to join the NAR settlement. Other MLSs and brokerages have until the end of the day to opt in.

Realtor.com is highlighting the 111 things independent buyer representation does for Black, Hispanic, Asian American, LGBTQ+, veteran and first-time buyers.

The agency wants to reopen its antitrust investigation into the association, and on June 17 said NAR’s attempt to block that move is not justified.

June 18 is the deadline for those not covered by the NAR settlement to opt in and pay damages, or risk further litigation in the commissions cases.

Watch the conversation with strategist Jay Baer as he explains how to create better client outcomes by avoiding common pitfalls and “yesterday’s thinking.”

Bailey, the former CEO of RE/MAX, discussed the keys to success when leading a business that is accountable to both customers and shareholders.

Compass, eXp, Redfin, Weichert and United Real Estate among remaining defendants in Batton 2 case; a smaller case moves closer to a settlement.

The search portal integration is the iBuyer’s latest move as it focuses on growing market share through partnerships and agent incentives.

A temporary policy revision allows military borrowers to pay their agents, something that was previously prohibited under VA lending rules.

Attorneys argue that if the federal agency wants to make policy changes, it should do so through the legislature, not an antitrust settlement.

New additions to the National Association of Realtors’ settlement FAQ page reinforce the idea that the client comes first, not the commission.

In a previous objection, Spring Way — a former plaintiff in a copycat case — said the amount paid by Anywhere, RE/MAX and KW won’t cover all “injured parties.”

Industry leaders began sounding the alarm last week after seeing unlicensed data on a portal-like section of Microsoft’s search engine.

Watch the conversation with industry news leader Mitch Robinson as he offers advice for working with local news outlets to “tell your story in a proactive way.”

Several commissions-related milestones are coming up, starting with the NAR settlement opt-in deadline in less than two weeks.

CEO Brian Bair discusses the iBuyer’s push to expand agent programs and its strategy for success in a post-settlement future.

Serene Smith had been chief operating officer since 2017, a position RE/MAX will now sunset. The company has also hired an EVP for HR and administration.