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RE/MAX Proper acquires indie brokerage All Nations

Housing Wire

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May.

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Keller Williams faces another lawsuit by a former agent

Housing Wire

McFarlane was associated with Keller Williams from 2004 to 2018. It stated that associates who joined the brokerage on or after April 1, 2020, and subsequently jumped to a competitor would lose their revenues from the company’s lifelong revenue program. But that policy did not impact agents who joined before April 1, 2020.

Agents 386
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Bay Area team bolts Compass for Side

Housing Wire

OWN Marin, a veteran team of five agents, announced last week that they switched from the New York-headquartered brokerage to the San Francisco-based outfit. Marin County has always been a protected and insulated market,” Haney said of an area known for beaches, redwoods, and postcard-style scenery. billion in VC cash.

Brokerage 369
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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Syndicated columnist Lew Sichelman reported Sunday that Dmitry Shkipin of HomeOpenly.com alleged that Rocket Homes was receiving what amounted to illegal kickbacks while violating consumer protection laws, market allocation practices, and antitrust laws.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. Way back in the drab plaid of the 1970s, brokerages often classified agents as employees and offered them health care and pension plans. They provided me training, and marketing, and covered mileage.”.

Business 363
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Lamacchia Realty Opens in Fall River and Enters Bristol County Market

Lamacchia Realty

Lamacchia Realty is thrilled to announce that well-known legacy real estate brokerage Right Choice Real Estate is now a part of Lamacchia Realty. Right Choice Real Estate has been a dominating force in the Bristol County market for decades. It will also expand Lamacchia’s reach in the Rhode Island market.

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Top brokerage execs see silver linings in commission lawsuits

Housing Wire

I remember leading KW back in 2004 when Zillow showed up and everyone thought the sky was falling. Willis likened the pressures currently facing the industry to the concerns and pressure felt in the early 2000s after the emergence of Zillow. “In In terms of transparency, I don’t think we have anything to fear here.

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