by Beth McGuire | Feb 27, 2024 | Agents, Brokers, Consumer, Industry News, Latest News, News, Premier |
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission...
by | Feb 27, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against...
by | Feb 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down...
by | Feb 26, 2024 | Brokers, Industry News, Latest News, National, News |
Brenton Hayden, an entrepreneur who received national recognition for founding Renters Warehouse in 2008 and selling it in 2015, has come out of retirement to build a real estate business under the RE/MAX brand, RE/MAX has announced. Hayden and his business...
by | Feb 26, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In the wake of a significant but expected ruling by a federal judge allowing class-action claims by recent homebuyers against real estate incumbents to go forward, both parties are laying out diverging roadmaps for a case that could prove much more significant than...
by | Feb 26, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
In a forceful commentary regarding the Department of Justice’s (DOJ) Feb. 15 Statement of Interest calling for “decoupled commissions” in rebuke of a lawsuit settlement of a case known as Nosalek v. MLS PIN, the National Association of REALTORS® (NAR) said...