Minnesota’s AG asserts that recommending a home warranty without disclosing a financial interest is a violation of fiduciary duty.
Category: Brokerage
What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a second job and pulling from retirement to cover the cost.
Lamacchia Realty finalizes Stone Ridge Properties acquisition
The acquisition of the Massachusetts-based brokerage marks Lamacchia Realty’s 10th acquisition in the state over the past 16 months, adding offices in Newburyport and Amesbury.
Why real estate is struggling to keep up with a rising US economy
The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out.
Corcoran Group enters nation’s capitol with new franchise
In welcoming Corcoran McEnearney to its network, the brand grows the number of Corcoran-affiliated agents by nearly 10 percent. The new company will have offices in D.C., Maryland, Virginia and West Virginia.
Homie: NAR created a ‘weapon’ that it used to block competition
In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy.
13 ways to weave connection and community into your business
Each of these actions, Debra Trappen writes, offers a meaningful way to connect with your community and contribute to a more resilient, compassionate and prosperous world.
Matterport posts $38.4M loss in Q3 as it spends for scale
During the first nine months of the year, Matterport pulled in a total of $125.8 million in revenue. Most of that is from recurring services and subscriptions.
Compass rolls out second-home-focused network for agents
Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes.
Weichert follows eXp Realty’s lead in settling commission lawsuits
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit.