2023 Brokerage Legal Training 
Housing Wire
APRIL 8, 2024
Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 The Umpa suit is the only commission lawsuit in which Real has been named as a defendant.
Housing Wire
OCTOBER 16, 2023
Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.
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Housing Wire
MAY 8, 2024
In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We million net loss reported in Q1 2023. million, compared to Q1 2023’s free cash-flow loss of $59 million.
Housing Wire
NOVEMBER 2, 2023
Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. If buyers’ agents become less common, Redfin will prosper in that world too,” Kelman said. “We million in Q3 2022.
Housing Wire
NOVEMBER 3, 2023
Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.
Housing Wire
MAY 3, 2024
transaction sides in 2023, more than double the average of other agents. million in Q1 2023. As noted by Carlson, RE/MAX is currently focused on the development of training and educational materials for its affiliates, so they are not only prepared for these changes but also prepared to answer questions from consumers.
Housing Wire
AUGUST 31, 2023
Davis alleges that these fees went to increasing technology fees and the purchase of “unneeded goods and services” from KWRI-owned and affiliated companies, such as MAPS training and coaching. This is yet another attempt by John Davis to smear Keller Williams in the press under the guise of a lawsuit. Davis has ignored those courts.
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