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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits. The Sitzer/Burnett trial is slated to head to trial on October 16, 2023.

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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

“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 Reffkin noted that the firm is on track to remain free cash-flow positive throughout the rest of 2024. “We

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. At the same time, he is approachable, adaptable, unassuming, and self-aware.

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Best real estate apps for agents in 2024

Housing Wire

In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024. Think of it as another concierge service to offer your buyers to help you stand out.