New York Real Estate Blog
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Anywhere Real Estate Inc: A Dive into 3rd Quarter Remarkable Profits Amidst Revenue Decline
In an industry as dynamic as real estate, understanding market trends and company performances is crucial for agents who strive to stay ahead of the curve. Today, we delve into Anywhere Real Estate Inc.’s latest financial report, highlighting the company’s...
Real Estate Board of New York (REBNY) Changes Rules Governing Buyer Agent Compensation
In a move that has sent ripples across the real estate industry, the Real Estate Board of New York (REBNY) has announced significant changes to the rules governing buyer agent commissions. The amendment to the Universal Co-Brokerage Agreement stipulates that listing...
Classroom CE Scheduled Market Analysis
Add Mutiny to list of NAR Challenges
According to a recent article posted on Inman News by Andrea V. Brambila, employees of the National Association of Realtors (NAR) have called for the resignations of the trade organization's CEO Bob Goldberg, President Tracy Kasper, Chief Legal Officer Katie Johnson,...
RE/MAX Settles Sitzer and Moehrl Class Action Lawsuits
In a groundbreaking development in the real estate industry, RE/MAX, one of the largest real estate brokerages, has reached a settlement agreement to resolve the Sitzer and Moehrl class action commission lawsuits. With a $55 million deal, this settlement marks a...
5 Questions to Ask About Mortgages
Buying your first home is an exciting milestone in life. Figuring out what kind of house you want and how much you can afford for a mortgage are two of the first steps to homeownership. It’s new territory for many first-time homebuyers, so don’t let any questions hold...
The Impact of Anywhere’s (formerly Realogy) $83.5 Million Settlement on the Real Estate Industry
The real estate sector has witnessed many ups and downs over the years, but legal disputes can bring about particularly challenging moments. A recent pivotal event was the settlement between Anywhere (previously known as Realogy) and plaintiffs in the Sitzer and...
Ninth Circuit Revives Top Agents Network’s Antitrust Suit Against NAR: A Deep Dive
More bad news for National Association of REALTORS (NAR). In a recent landmark decision, the U.S. Court of Appeals for the Ninth Circuit in San Francisco has overturned a lower court ruling, thereby reigniting Top Agent Network's (TAN) lawsuit against the National...
NAR President Resigns After NYT Expose of Sexual Harassment at NAR
Resignation of NAR President Kenny Parcell after NYT Exposé on Sexual Harassment The National Association of Realtors (NAR) is currently grappling with a major crisis as its president, Kenny Parcell, steps down in the wake of a damning exposé conducted by The New York...