
Real Brokerage Announces Settlement Agreement for Umpa vs NAR
The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.

The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.

Shortly after the news broke about the NAR settlement, three national brokerages—Real, eXp, and Keller Williams—shared their reactions to the settlement terms. Ryan Serhant also shared his perspective in a CNBC interview.

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.

Within hours of the New York Times announcement of the NAR settlement, Wall Street reacted, with several real estate companies, led by Zillow, seeing notable declines in stock values. Meanwhile, CoStar stock values climbed more than six points.

Here’s BAM’s roundup of Q4 and full year 2023 financial results for the biggest names in real estate.

What’s behind the fastest-growing brokerage in the real estate industry? BAM held an exclusive interview with Real President Sharran Srivatsaa to find out.

This week in BAM, we have NAR president Tracy Kasper stepping down, 3 new copycat lawsuits, 2 new programs from Real Brokerage, a 1-question email you should send out, an Instagram Story hack, a 4-step prospecting plan, 3 mailers that convert, and more.

The Real Brokerage announces two new programs for real estate teams and brokerages—Private Label and Pro Teams.

Matt Lionetti’s latest Reel is being called “the best announcement video ever.” Find out why.

Financial reports for the third quarter of 2023 (Q3 2023) are in for the biggest names in real estate.

Krys Benyamein shares three takeaways from the Real RISE event in San Diego—specifically two key lessons from Alex Hormozi’s keynote address and what he learned watching CEO Tamir Poleg and Real president Sharrán Srivatsaa.

This week, BAM covered Week 2 of the Sitzer/Burnett trial, a new settlement for RE/MAX and Anywhere, new tech reveals from Real RISE 2023, the real estate industry’s PR problem, the AI plugin that’s changing YouTube, and 9 scripts to use with sellers.
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