Real Brokerage CEO Tamir Poleg joins Byron Lazine on Hot Sheet to break down the RE/MAX acquisition and what it means for agents in both brokerages.
BAM’s Q2 2025 earnings roundup breaks down key financials from 10 major real estate companies. Compass reported $2.06B in revenue with 21% transaction growth, Zillow’s mortgage revenue rose 41%, and Real Brokerage posted its first-ever quarterly profit.
T3 Sixty’s 2025 Mega 1000 rankings reveal Compass remains the No. 1 brokerage with $231B in sales volume, widening its lead over Anywhere Advisors. The Real Brokerage surged to No. 5 after doubling its sales, while Side and Peerage Realty Partners broke into the top 10.
Amy Lessinger resigns as RE/MAX President after stepping into the role in February 2024. Her last day will be January 17, 2025.
Some of the biggest names in real estate reported their financial and operational results for the third quarter ending September 30, 2024. Here are the highlights.
Judge Stephen R Bough granted final approval for settlements in commission lawsuits for Keller Williams, Anywhere and RE/MAX on May 9, 2024.
The homebuyer plaintiffs in the Batton 1 lawsuit have filed for a temporary injunction to prevent the final approval of the Keller Williams, Anywhere, and RE/MAX settlements.
New York-based Douglas Elliman is the latest real estate firm to settle, agreeing to pay $7.75 million within 30 days of the proposed settlement’s preliminary approval, followed by two additional payments of $5 million each over the next three years.
On Friday, April 26, 2024, HomeServices of America agreed to a settlement in Sitzer/Burnett, et al, for $250 million.
The U.S. Supreme Court ruled has rejected the plea by HomeServices of America to overturn the Sitzer/Burnett verdict, leaving HSofA as the only defendant that hasn’t reached a settlement with the plaintiffs.
Sitzer/Burnett plaintiffs are demanding over $4.7 billion from HomeServices of America, leveraging a trebled jury award minus previous settlements with NAR, Keller Williams, RE/MAX, and Anywhere.
Nearly 100 brokerages were left out of the settlement reached by the National Association of Realtors (NAR) on Friday, March 15, 2024, leaving them with two options if they want to join the settlement.
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