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Motto sues UMortgage for ‘tortious interference’ in franchise contract

Housing Wire

APRIL 20, 2023

The franchise agreement was not set to expire until December 1, 2025, and Motto claims Price expressed a desire in late 2022 to renew it for a new five-year term. A spokesperson for Motto said the company is pursuing legal action against UMortgage after the company intentionally sought to impede on Motto’s franchisee contracts.

Contracts 361
Contracts Loan Officers Legal Best Value 361
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

MAY 8, 2024

Reffkin added that he also believes agents will have to sell their brokerage firm’s value proposition to prospective clients if they want to gain their business. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said. million to 5.6 million homes in 2026,” Reffkin said.

Agents 351
Agents Brokerage Real Estate Clients 351
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