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COURT REPORT: Three More Settlements Reached, One Delayed

USA Real Estate News-RISMedia - Mon, 2024-10-07 12:23

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. John L. Scott and Real Estate One settle Two independent brokerages have added to the pool of settlements in commission lawsuits, as reported on Oct. 3.  John L. Scott Real Estate—which does business…

The post COURT REPORT: Three More Settlements Reached, One Delayed appeared first on RISMedia.

The problem with positive thinking that nobody talks about

USA Real Estate News-Inman - Mon, 2024-10-07 12:14
Embrace the full spectrum of thoughts — positive and negative — and you'll find a more profound sense of freedom and power in your career, author, coach and broker Aaron Hendon writes.

eXp Settles Commission Lawsuits for $34 Million

USA Real Estate News-RISMedia - Mon, 2024-10-07 11:36

eXp has joined the list of real estate brokerages and organizations settling the many commission lawsuits filed by homesellers that have impacted the industry. The company had been a longstanding holdout of the U.S.’s largest brokerages—ones not covered in NAR’s settlement—to settle in the commission cases. The brokerage has agreed to pay $34 million and…

The post eXp Settles Commission Lawsuits for $34 Million appeared first on RISMedia.

With AI, real estate is now a ‘game of attention,’ Serhant says

USA Real Estate News-Inman - Mon, 2024-10-07 11:18
AI has changed the nature of competition within the industry, Serhant said at the CNBC Evolve AI Opportunity Summit, making relationship skills even more important.

‘They’re here’: Poltergeist home to reopen as Airbnb for horror fans

USA Real Estate News-Inman - Mon, 2024-10-07 10:42
The Simi Valley, California, home sold Friday for $1.28 million, its first sale in 45 years. Now, a Los Gatos-based investor plans to reimagine the famed setting of the 1982 horror flick as a draw for tourists.

EXp agrees to pay $34M to settle antitrust commission lawsuits

USA Real Estate News-Inman - Mon, 2024-10-07 09:42
The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions.
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