Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit.
Category: News Brief
$1.1B Living Realty affiliates with Keller Williams in Toronto, Canada
With 550 agents and 35 staff members expected to transition to Keller Williams in March, the partnership will clinch Living Realty as KW’s largest market center in Canada by agent count.
KW sues InsideRE for trademark infringement over BoldTrail
InsideRE’s use of the word “bold” and the color purple in a rebrand of the product formerly known as kvCORE make its branding “confusingly similar” to KW’s BOLD product, the company claimed.
Trump’s AG pick promises to pursue antitrust enforcement
Bondi affirmed that the enforcement of antitrust laws would be a “priority” for her as Attorney General, which suggests that the real estate industry should be prepared for investigations into its practices to continue in full force.
Alexander brothers denied bond in federal sex-trafficking case
Despite offering exorbitant bail packages, the brothers failed to sway prosecutors that they should be granted bond. They will be detained until their trial.
Boom’s applicant screening latest addition to landlord platform
Rental software provider Boom is releasing a new product to help customers speed and fortify the accuracy of tenant screening.
Co-ownership of Michael Jordan’s former mansion starts at $1M
After languishing on the market for more than a decade, the basketball legend’s Highland Park, Illinois, estate is now a timeshare, with co-ownership beginning at $1 million, plus 2 percent annual expenses.
6-year Restb.ai study: white kitchens, islands dominate
In its latest study of homes for sale analyzing six years of kitchen pictures, AI company Restb.ai learned that white kitchens with islands are the market’s most sought-after, among other regional findings.
Realty Texas app update includes buyer representation experience
Realty Texas, a four-office Lone Star State independent, has taken matters into its own hands when it comes to helping agents present buyer representation agreements.
EXp World Holdings sells Virbela, the firm that made its virtual world
The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement.