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The Real Brokerage adds more teams in May

Housing Wire

The Real Brokerage announced Thursday the addition of several new teams across the U.S. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. Its has closed $720 million in home sales since 2020.

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Illinois Realtors partner with HousingWire to unlock The Full Picture 

Housing Wire

housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market. In our dedication to providing the full picture to housing professionals across the U.S.

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2023 RealTrends real estate brokerage rankings show growth in low-cost firms

Housing Wire

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In of all Realtors.

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California commission suit alleges collusion in the City of Angels

Housing Wire

The complaint names 35 entities as defendants, including the National Association of Realtors , local and national brokerages, MLSs and local Realtor associations. 17, 2020, and the present. 17, 2020, and the present. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.

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Nevada real estate firms hit with second commission lawsuit

Housing Wire

The complaint claims that the National Association of Realtors is the creator of this alleged conspiracy through its creation and enforcement of its Participation Rule. 16, 2020, and the present. 16, 2020, and the present. The first commission lawsuit in Nevada was filed by Nathaniel Whaley in early January 2024.

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Real estate teams beat brokerage firms in profitability

Housing Wire

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. in 2020 over 2019.

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Commission lawsuit is filed in Arizona. But NAR isn’t the target

Housing Wire

Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS. 5, 2020, and the present.

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