🚨 BREAKING NEWS 🚨 A last-minute filing by the DOJ and a handful of objections failed to derail the settlements, which cap more than five years of litigation in Sitzer/Burnett. #realestatenews #realestate #sitzerburnett #realestateagents #lawsuits
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Real Estate News is the trusted and impartial news source for our residential real estate community. We strive to empower agents, brokers, executives and other leaders with the information you need to keep moving forward in your business and career. We are committed to delivering factual stories that are authentic, journalistically sound and worth your time. www.realestatenews.com
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Updates
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The brokerage denied using a reverse auction strategy to reach its $34 million settlement, arguing that the amount is comparable to what other firms paid. #realestatenews #realestate #eXprealty #lawsuits #realestateagents
eXp pushes back on ‘sweetheart deal’ allegations
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Scott Turner said the nation needs "millions of homes, all kinds of homes' and expressed support for the 'opportunity zone' program from Trump’s first term. #realestatenews #realestate #housingmarket #HUD #realestateagents
Senate confirms new leader for ‘failing’ HUD
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Two recent studies found that real estate agent commission rates fell after industry practice changes took effect, but they have largely recovered. #realestatenews #realestate #commissions #realestateagents
Commissions rebound following post-settlement decline
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RE/MAX Holdings CEO W. Erik Carlson to lead the region until a replacement for Christopher Alexander is found; Spencer Rascoff trades real estate for dating apps. #realestatenews #realestate #CEO #peopleonthemove #zillow #remax
RE/MAX Canada president steps down; ex-Zillow CEO takes new role
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Signed agreements can be changed — but only under certain circumstances. NAR’s general counsel provides scenarios and addresses other common questions. #realestatenews #realestate #buyeragreements #realtors #realestateagents
Want to amend a buyer agreement? NAR lawyer explains how
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The 25% tariffs were expected to increase the cost of home construction materials. Set to take effect on Feb. 4, they have now been paused for 30 days. #realestatenews #realestate #tariffs #homebuilding #housingmarket
Tariff pause with Canada, Mexico welcomed by builders
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