TJ Lewis Real Estate is based in Austin, Keller Williams' home turf, and has done $27.9M in volume this year so far
Keller Williams team leader and LGBTQ+ Real Estate Alliance founding member Tom Wheeler hosted the area's first-ever Pride event on June 9. Here's how the 4K-person event came to life
Naperville, Illinois-based team RR Galaxy has joined Keller Williams, it was announced Friday. The 4-person team has closed more than $74 million in sales over the past 2 years, executives said
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: 'Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong'
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process
The interactive chatbot draws on Keller Williams' proprietary models, systems, books and training resources to answer agents' questions and assist with content creation
In the face of backlash from proposed profit-sharing cuts, the franchisor's leadership council is changing its tune
The cuts, initially approved last summer, were set to go into effect this July. But as of this spring, Keller Williams was facing multiple class action lawsuits over the changes
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent 'substantial benefits' for sellers
Keller Williams hosted its latest RED Day, which challenges its 176K agents to give back to their communities. This year's day yielded 'thousands' of projects
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements
Keller Williams president and CEO Mark Willis spoke about his return to the Texas franchiser and how commission lawsuits could spark an intense round of brokerage and agent consolidation
US homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn't appear to exist
The US Supreme Court denied the real estate franchisor's request for consideration on Monday, but the plaintiffs won't be able to lay $4.7B in damages at HomeServices' feet — at least not yet
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request
States located along the eclipse's path of totality are preparing for massive crowds. Here's how agents from Dallas to Buffalo are embracing — or eschewing — the fun
The Berkshire Hathaway affiliate says final judgment in the case shouldn't come before settlements are finalized, a process the franchisor does not expect to be 'uncontroversial'
Gambled away by a cowboy in the 1940s, the 119-acre Wyoming ranch listed for $58M in August. It borders Grand Teton National Park and encompasses half a mile of the Gros Ventre River
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week
One of the class-action suits seeks $250M in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments
More than 90 brokerages would not be covered under the $418M deal, though most have the option of buying in
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4B damages award after NAR, Keller Williams, Anywhere and RE/MAX settle
After 3 years as president of Keller Williams, Marc King has stepped down from his post. CEO Mark Willis will take over King's responsibilities
After 5 years and nearly 100K hours of work, the law firms are asking a federal court for $82M of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX
The former Keller Williams CEO no longer faces allegations of sexual misconduct, but Gary Keller, Josh Team and KW are asking the court to hold him in contempt. He has until Friday to respond
In the wake of legal settlements in 2 of the largest commission lawsuits, RE/MAX and Anywhere illuminated their paths forward to investors in Q4 earnings calls. Intel reads the tea leaves
Amended complaint alleges Warren Buffett's company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10B year, we’ve rounded up the top stories all in one place. Here’s what you might have missed
In his first Family Reunion address since returning as CEO of Keller Williams last year, Mark Willis called on agents to rise up and topple Anywhere, the world's largest real estate franchisor
Keller Williams co-founder Gary Keller said the Federal Reserve's inflation policy will continue to haunt the real estate industry in 2024, but there's still plenty of opportunity for agents to succeed
Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices
8 brokerages were honored on 'Entrepreneur' magazine's Franchise500 list. The 45-year-old list ranks the best franchises across several industries, including finance, technology and retail
In remarks made in Boston that were later posted online, new NAR President Kevin Sears declared business will change for Realtors — whether they embrace it or have it 'forced down our throats'
The franchisor filed a petition to the Supreme Court requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients
In the wake of the $70M settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next?
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR
The $1B in career sales network, which Umphress first launched in 2012, operates in most major Colorado markets and Austin, Texas, but has goals of ultimately expanding nationwide
The former Keller Williams president took a 3-year sabbatical from the industry, going all-in on being a dad. Team wasn't sure he'd ever return to real estate — until he got to know Ryan Serhant
The defendants point to 'legal errors at trial' they say justify setting aside the jury's historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court
Agent 'glut' means part-timers are now the majority, leading to 'widespread incompetence and pressure to maintain high commission rates,' according to the Consumer Federation of America
As real estate dives into the new year, 14 of the industry's top leaders looked back on mortgage rates, slow sales, antitrust suits, NAR drama and other headline-making stories from 2023
From cold calling and radio shows to painting classes, agent efforts to grow sphere of influence aren't one-size-fits-all
The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
Longtime Keller Williams team leaders Wendi Harrelson and John Clidy are the brokerage's newest president of KWRI-Owned Regions and vice president of growth.
The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial
Former Keller Williams personnel have received letters noting that some individuals' profit share earnings could be reduced from 100% to 5%
One of the most notable updates to this round of Command improvements is the use of ChatGPT to create advertising creative to bolster listing ad campaigns
The trade group's attorney says NAR is 'still analyzing' the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a 'different case' that will likely go to trial in Q4 2024
The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It's also the latest in a string of new cases following the Sitzer | Burnett verdict
An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement
A majority of agents and 55% of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart, according to the latest Inman Intel Index results for October
The National Association of Realtors and Keller Williams have hired former US solicitors general to help them beat back the multibillion-dollar verdict
A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered 'illogical, harmful, irrational and anticompetitive effects' of NAR's cooperative compensation rule
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
Kymber Lovett-Menkiti leads an Inman Connect panel on attracting and keeping the best of the best in 2024 by establishing a value proposition, creating exposure and cultivating culture
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions
Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week
HomeServices of America attorneys filed a motion Wednesday requesting a mistrial in the Sitzer | Burnett trial, saying a video submitted a day earlier jeopardizes its chances for a fair trial
The Keller Williams mega team named Fisher, the former eXp vice president of global growth, to oversee Livian's growth strategy and market center expansion efforts
Keller Williams is set to open its latest master franchise in Willemstad, Curaçao. With its opening, the Texas franchisor will have 9 master franchises across the Caribbean
As the commission trial begins, the Kansas City courtroom saw opening arguments and testimony from industry leaders Keller, Goldberg and HomeServices of America CEO Gino Blefari
Fargo-based agent Kyle Olson lost his father to Alzheimer's in 2018. Since then, Olson has raised more than $40K for the Alzheimer's Association through multiple record-breaking open houses
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
Nicholas Greer decided to have some fun with one of his listings. He made a lot of people angry. 'I’m just an artist at heart,' he told Inman earlier this week. 'I can’t turn that off'
After 4 years with Side Real Estate, OWN Real Estate founder Wilson Leung has brought his team back to Keller Williams. OWN's 19 agents closed 80 transactions worth $107.1M in 2022
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
Inga Dow filed notice in US District Court for Northern Texas on Monday dismissing claims against all but former KW CEO John Davis, who she said harassed and abused her while KW did nothing
Chris Smith joins Keller Williams from Latter & Blum. The move comes as major real estate brands compete intensely for top talent
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including 'no longer forcing homesellers to pay buyer’s agents'
Judge Patti Saris preliminarily approved the deal after settlement fund restructuring. The case could provide a sneak peek at broader changes pending bombshell commission suit outcomes
The company agreed to resolve the claims against it for $83.5M. Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to 'change its practices'
Three months after a Texas judge sent former Keller Williams CEO John Davis' $300M fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims
The National Association of Realtors filed 4 requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination
Beloved Keller Williams Moorestown agent Rob Montalbano died in a Lake Travis boating accident on Aug. 13. His brokerage and community have rallied to raise more than $68K for funeral costs
The franchisor will slash profit sharing for 'vested KW agents who actively compete with our brokerages' unless they return within 6 months, Keller Williams President Marc King said Tuesday
California-based agent Janet Roberson told Inman a Compass team leader dismissed her after her controversial testimony at a school board meeting in April
A pair of explosive lawsuits could upend how brokers do business. As those suits come closer to trial, tell us how you feel about those cases and how prepared the industry is for the repercussions
The pandemic first started opening luxury buyers' eyes to New Hampshire's second-home market opportunities, and now more and more ultra-luxury buyers are catching on
'I'm happy. Screw 'em,' the Keller Williams co-founder told agents Tuesday at his Mega Agent Camp event, referring to antitrust suits involving commissions in which the brokerage is named
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces
Keller Williams President Marc King told Inman he wants KW agents to sharpen lead generation and conversion strategies as the brokerage's annual Agent Mega Camp hits Austin this week
Judge Patti Saris, of the US District Court in Massachusetts, said she 'loved' the commission rule changes the deal includes, but didn't think the litigation fund was fair for plaintiffs
Every broker wants to recruit top agents. But what works when transactions are scarce? Two real estate professionals shared their thoughts Wednesday at Inman Connect Las Vegas
The key to success in attracting and retaining good agents lies in large part on a broker's mindset, speakers at Inman Connect Las Vegas said. And adopting a 'we' instead of a 'me' attitude
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally 'bullied' into change
The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of 2 highly anticipated bombshell commission trials later this year
Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock's battle for their 377 Broadway office is officially over as a new owner snapped it up, according to a report
Livian, the Keller Williams mega team, has named Boller as its first-ever president. The former Go-To-Market Strategy vice president for Side will oversee growth for Livian's 35-state footprint
Starting Aug. 9, the nation's 2nd-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright
The 2023 Inman Innovator Awards finalists range from true upstarts to established players, with each offering a new vision for real estate. Winners will be announced live in Las Vegas, Aug. 8-10
EXp founder and CEO Glenn Sanford is now a defendant in the sex trafficking case and allegedly turned a blind eye to the assaults for financial gain, according to an amended legal filing
As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of 2 markets that offers opportunities for luxury buyers — and next to nothing for everyone else