The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Real estate franchisor Keller Williams has issued a subpoena to discount brokerage REX Real Estate to produce audio recordings in a multibillion-dollar class-action case over commissions. Keller Williams […]
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Liebert took the reins of Keller Williams parent company kwx in 2020. Following his departure, top executives will now report directly to company co-founder Gary Keller. During his […]
Record producer Kenneth Brian Edmonds, better known as Babyface, wants to produce a sale of his longtime Los Angeles estate. He’s asking $7,999,000, according to the website Dirt. The Grammy winner bought the trophy home in 2004 for $4.1 million. It is one of only 200 homes in the exclusive community of Bel Air Crest. […]
The Catherine Juracich Team, which has brought in $156 million in sales volume year-to-date, will now be affiliated with Corcoran Group’s Chelsea office. The top-performing Catherine Juracich Team has moved from Douglas Elliman Realty to the Corcoran Group, the firm’s CEO and President Pamela Liebman announced on Friday. Led by Catherine Juracich, the team has […]
A Texas farmhouse with an iconic horseshoe gate in the tiny town of Elmendorf is the week’s most popular home on Realtor.com®. Once you pass through the notable gate, potential awaits. The 137-acre lot features everything from a chapel and horse racetrack to an 1800s replica saloon and jailhouse. Another reason this place drew plenty […]
The Department of Justice (DOJ) has been waging an all-out war against the National Association of Realtors (NAR) largely because of their commission policies. Since those probes were launched, it seems that almost every day a new article hits my email inbox with an opinion on the topic of higher fee traditional brokers and the […]
All June long we’re going deeper on mortgage and title — looking at where the mortgage market is headed, how products are evolving and alternative financing options changing the game. Join us for Mortgage and Alternative Financing Month. And subscribe to Inman’s Extra Credit for weekly updates all year long. The rapid runup in mortgage […]
Are you receiving Inman’s Broker Edge? Make sure you’re subscribed here. Commissions have long been the lifeblood of the real estate agent. For decades, real estate transactions have relied on a familiar model: a commission rate, typically 3 percent. Note that commissions are never a set amount, they are negotiated between the seller and the agent’s brokerage. […]
The 17th-century farmhouse on Round Top Road in Harrisville, Rhode Island, looks like many of the historic homes found across New England, with its rustic siding and an American flag hanging above the front door. But it conceals a much more captivating history than most. For Ben Guglielmi, an agent with Mott & Chase Sotheby’s International […]
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