This past week’s ruling in one of the two “bombshell” commission lawsuits and Anywhere Real Estate’s and RE/MAX’s earlier settlements in both cases together form a watershed moment that will ultimately force buyer agents to negotiate their commissions directly with the seller and/or their buyer.
A new report by researchers at investment firm Keefe, Bruyette & Woods is warning that the real estate industry could be upended by a trio of lawsuits over agent commissions, including one involving Massachusetts’ main multiple listings service.
Two of the biggest brokerages in the country will no longer require their agents to be members of the National Association of Realtors following settlements they signed in a pair of lawsuits challenging broker commission and MLS access rules.
The U.S. housing market is slowing as would-be buyers struggle with rising borrowing costs and a persistent shortage of properties for sale.
Compass has dethroned the competition to become the top residential real estate company by sales volume, according to real estate consulting firm T3 Sixty’s annual Real Estate Almanac report.
CPI Computer Inc. recently scooped up an 1.5-acre property in Branford.
The co-founder of RE/MAX violated the company’s ethics code by loaning millions of dollars to the company’s then-COO, according to the results of an internal investigation by a special committee consisting of independent directors.
Pearce Real Estate announced that Charles Slade has joined the Pearce Clinton office as a residential sales agent.
The National Association of Realtors came out strongly against the tax cut bill passed by the Senate this weekend, saying it “puts home values at risk and dramatically undercuts the incentive to own a home.”
Carl Lantz started his professional life as a professional chef, a career he says is one of the few that forces people to work longer, later hours than real estate does.
