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Realty ONE Group allows agents in Arizona to break from NAR

December 10, 2024 by bp56691
Realty ONE agents who choose not to join NAR will be able to access the local MLS through MLS Choice by Phoenix Realtors.
Categories Arizona, Brokerage, Commission Lawsuit, MLS, national association of realtors, Real Estate, Realty ONE Group

Realty ONE Group’s flat-fee model and positivity fuel success

December 10, 2024 by bp56691
Realty ONE Group’s flat-fee model and positivity fuel success
Realty ONE Group’s CFO says that his firm’s flat-fee model is attractive to agents based on market headwinds.
Categories Brokerage, Commission Lawsuit, NAR Lawsuit Settlement, Real Estate, Realty ONE Group

NYT investigation: NAR’s nonprofit funds conservative groups

December 9, 2024 by bp56691
Everyone knows about NAR’s political action committee, but few know about its affiliate nonprofit the American Property Owners Alliance.
Categories national association of realtors, Real Estate, Republican Party, The New York Times

eXp, Weichert say Gibson plaintiffs’ motion is all about attorneys’ fees

December 9, 2024 by bp56691
Two defendants say the attempt to move courts is an attempt to “monopolize the class’s recovery and especially, the attorneys’ fees.”
Categories Commission Lawsuit, eXp Realty, eXp World Holdings, Legal, Real Estate

eXp Realty’s Leo Pareja looks forward to incremental change in 2025

December 9, 2024 by bp56691
eXp Realty’s Leo Pareja looks forward to incremental change in 2025
After a year of seismic shifts, Pareja and eXp Realty are looking forward to solidifying best practices and focusing on consumers in 2025.
Categories Brokerage, Commission Lawsuit, eXp Realty, NAR Lawsuit Settlement, national association of realtors, Real Estate

Century 21 expands in Massachusetts through acquisition

December 6, 2024 by bp56691
Anywhere brand Century 21 is growing its presence in Massachusetts. On Thursday, the Century 21 Custom Home Realty affiliate announced its acquisition of Mansfield, Massachusetts-based Monarch Realty Group.
Categories Anywhere, Brokerage, Century 21, Massachusetts, Mergers and Acquisitions, Real Estate

Masiello plaintiff, Realty ONE Group seek to dismiss the brokerage from commission lawsuit

December 6, 2024 by bp56691
In their joint motion, the parties cite Realty ONE Group’s approved settlement in the Gibson suit as the reason for seeking dismissal.
Categories Arizona, Brokerage, Commission Lawsuit, Legal, Phoenix, Real Estate, Realty ONE Group

Real’s latest roster addition is the 150-agent ROVI Homes

December 4, 2024 by bp56691
Real’s latest roster addition is the 150-agent ROVI Homes
The Real Brokerage announced an affiliation with ROVI Homes, adding 150 agents across New England and Florida.
Categories Brokerage, Connecticut, Florida, Massachusetts, New England, Real Estate, Rhode Island, The Real Brokerage

NAR settlement faces another legal appeal

December 4, 2024 by bp56691
Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals.
Categories Commission Lawsuit, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett

Rental portal Zumper launches ’Zoe’ AI assistant

December 3, 2024 by bp56691
The rental portal this week launched an AI assistant named Zoe, which according to the company can answer “virtually any renter question about a property or its neighborhood.”
Categories Artificial Intelligence, Multifamily, Real Estate, Rental Properties, Technology, Zumper
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