In the post-Sitzer world we now live in, agents and brokers are already dealing with the new reality by cutting buyer commissions to the bone. …
Posts published in “discount brokerage”
The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies “limiting both how homes are listed online and the…
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…
REX, which offers buyers commission rebates, filed suit against Oregon officials in December 2020. Source: Inman News
The discount brokerage filed paperwork in a federal district court in Seattle that argues its opinions challenging the legality of the National Association of Realtors’…
The discount paper brokerage says it reached profitability in the third quarter and is on track to sell more than 6,000 homes this year. Source:…
REX’s general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40 percent of its list-side transactions. Source: Inman News
A judge also denied REX’s request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing that it was the…
The launch marks the brokerage’s second foray into Florida, after moving into Orlando in the summer of 2020. Source: Inman News
With a strategic combination of digital marketing and branding tools, 1 Percent Lists upended the traditional brokerage structure with great success. Source: Inman News