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Compass settles commission lawsuits for $57.5 million

Housing Wire

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. The settlement agreements reached by RE/MAX and Anywhere are scheduled to have final court approval hearing in early May, 2024. This story is developing.

Brokerage 457
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Court approves Anywhere, RE/MAX commission lawsuit settlements

Housing Wire

Some of these provisions include no longer requiring agents to be members of the National Association of Realtors or following NAR’s Code of Ethics or the MLS Handbook. With a final ruling not expected until mid-to-late spring 2024 , the real estate industry remains in limbo as the copycat lawsuits continue to pile up.

Legal 427
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RE/MAX to lean on high agent productivity during turbulent times

Housing Wire

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 403
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7 best real estate schools in North Carolina (NC) for 2024

Housing Wire

Choose from the following courses: Broker Relationships and Responsibilities, Contracts and Closings or NC Law, Rules & Legal Concepts Taught by experienced professionals. Designated dates, Night or Day 30-hr online courses Broker Relationships and Responsibilities, Contracts and Closings or NC Law, Rules & Legal Concepts.

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RE/MAX settlement ends NAR membership requirement

Housing Wire

Final court approval of the settlement is expected in early 2024. Like Anywhere, RE/MAX will no longer require agents to be “members of the National Association of Realtors or follow NAR’s Code of Ethics or the MLS Handbook.” independent regions, and U.S.

Agents 485
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Bob Goldberg out as NAR CEO

Housing Wire

The National Association of Realtors’ longtime CEO Bob Goldberg is leaving the trade association, multiple sources with knowledge of the situation have confirmed to HousingWire Thursday morning. “We ” Goldberg was set to retire from his position at the end of 2024, closing out a 30-year career at NAR.

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Kevin Sears discusses changes and challenges at NAR

Housing Wire

Nothing was off the table when National Association of Realtors (NAR) President Kevin Sears joined NextHome CEO James Dwiggins and chief strategy officer Keith Robinson on this week’s episode of their “Real Estate Insiders Unfiltered” podcast. But Kasper’s tenure was short-lived as she resigned in early January 2024 due to blackmail threats.