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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.

More than 25,000 consumers paid Zurixx for coaching endorsed by TV real estate reality-show stars in a case officials hope “is a warning to others.”

The company said its contract — which will be available in 24 states — was designed to “help agents navigate new requirements” related to the NAR settlement.

eXp showed growth in revenue and transactions as execs pitched the company’s value prop ahead of August 17 rules changes mandated by the NAR settlement.

Many homebuyers are waiting to see who the next president will be before continuing their home search, but it’s really the Fed that they should be watching.

The association has shared a series of fact sheets and presentations to help real estate professionals and their clients understand what to expect come Aug. 17.

The brokerage also reported double-digit growth in transactions and agent count, in part due to significant acquisitions this spring.

As expected, the Fed held steady on rates today, but signaled the possibility of cuts in September. That might not mean big drops in mortgage rates, however.

While still sluggish, it’s a sign that demand is lurking, and sales “would have been even higher” if buyers weren’t waiting for mortgage rates to drop.

The Consumer Federation of America has shared criteria to “assist regulators … and the industry itself in evaluating the fairness of new seller contracts.”

The Houston Association of Realtors formed a data share partnership with the largest Latin American MLS, giving members access to listings across 22 countries.

The organization added a concessions field in May that allowed listing agents to specify an amount or percentage — but opted to remove those options this week.

At a meeting Monday, association members approved a change in bylaws that will allow the sale of the nation’s 16th-largest MLS to move forward.

Watch the conversation with MoxiWorks’ new CEO, an industry outsider who believes companies — and agents — should approach the future with a fresh perspective.

Since the beginning of the year, fewer investors appear to be jumping into the market, and many report dissatisfaction with managing tenants and properties.

Affordability has remained a problem in much of the country, even as supply has increased. But a few areas, led by Tampa, are becoming more accessible.

South Florida’s Broward, Palm Beaches & St. Lucie Realtors is taking a two-pronged approach, using ads to educate consumers while helping members stay informed.

Century 21 adds affiliates on two coasts; Real nabs Chicago team; 60-year-old Colorado indie expands; E&V opens New Orleans shop; Side and Compass make gains.

To align with the NAR settlement, eXp has issued a new listing form that explicitly states that there is no commission sharing with a buyer's agent.

San Diego MLS adds Checkmate from VestaPlus, which is also teaming up with ListAssist to expand reach; CoreLogic launches new OneHomeowner portal.