Five major real estate firms face far-reaching antitrust lawsuit
Class-action case could affect buyer commissions......»»
Industry to sue over broker fee ban
In response to guidance issued by New York State’s Department of State (DOS), major real estate trade associations and brokerage firms will file a lawsuit against the State next Monday. The lawsuit alleges that the Department.....»»
Inside The List: Portland"s largest residential real estate firms face challenging market
Residential real estate in the Portland metro area, like most of the country, has remained in somewhat of a holding pattern, with potential sellers reluctant to lose their low-interest mortgages from a few years ago and buyers finding their buyi.....»»
Warren Buffett"s Real Estate Firm Coughs Up $250M To Avoid Bigger Payout Over Commissions
HomeServices of America, the real estate firm owned by Warren Buffett, has agreed to pay $250 million to settle a nationwide antitrust lawsuit. read more.....»»
JPMorgan, Salesforce join growing list of firms dumping office space
Remote work is hurting the commercial real estate industry in major cities, including New York and San Francisco, as more firms look to ditch their office spaces permanently......»»
Zillow and NAR Targeted in Federal Antitrust Lawsuit
A lawsuit has been filed against Zillow, Trulia and the National Association of REALTORS® (NAR), alleging that the online real estate .....»»
Front-line workers face pay cuts amid COVID-19 crunch
SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»
Two major Birmingham real estate firms to join forces
Two big names in Birmingham's real estate world are joining forces. The residential brokerage division of H2 Real Estate is merging with ARC Realty. Financial terms of the deal were not disclosed. “We’ve been talking about partnering on proje.....»»
Chinese real estate firms boost apartment rentals in line with Xi demands
HONG KONG (Reuters) - Major Chinese real estate companies are renting more of the apartments they develop as they respond to President Xi Jinping's demand that China should produce homes to live in not to speculate on......»»
How two former real estate executives started an air charter with no prior experience
After reaching the five-year anniversary of Air Unlimited's founding, Charles Gregg and Mark Neubauer share the challenges they face in running an air charter service......»»
Most expensive homes sold in Greater Washington this year
It's been a record-setting year in residential real estate so far — and it's only October. Both of the region's leading luxury brokerage firms — Washington Fine Properties and TTR Sotheby's International Realty — have scored major multimillion sale.....»»
Airbnb Illegal Listings Taking Over Long-Term Rental Inventory? NYC Brokers Face Lawsuit
Airbnb, a company that began as a house-sharing and short-term rental resource for the travel industry, is slowly inching deeper into real estate. Just last month, the company announ.....»»
NAIOP Pittsburgh celebrates the year"s best development in western Pennsylvania
Commercial real estate organization honors some major projects that reached successful finishes with major tenants in the region this year......»»
AREAA, Fair Housing Advocates File Lawsuit Alleging Discrimination
The National Fair Housing Alliance (NFHA), Asian Real Estate Association of America (AREAA), Housing Opportunities Project for Excellence, Inc. and the Fair Housing Center of the Greater Palm Beaches, have filed a fair housing.....»»
Never Count Real Estate Agents Out
In the wake of recent headlines surrounding the National Association of REALTORS®’ lawsuit settlement and the Department of Justice’s renewed interest in investigating commission practices, skepticism .....»»
These Dayton-area employers are expanding and on the move
The Dayton Business Journal pulled together a quick review of some employers making major plays in commercial real estate as well as a few new announcements......»»
NEXT WEEK: Brokers Share Strategies for Real Estate’s New Landscape
Top row, left to right: John Featherston, Kymber Menkiti, Lennox Scott; Bottom row, left to right: Rod Messick, Barbara Betts, Terrie O’Connor Amid a cascade of lawsuit settlements and forthcoming rule.....»»
Anywhere CEO: ‘Settling Commission Litigation Early Gives Us a Leg Up On the Competition.’
Above, Ryan Schneider Making the decision to be the first company to settle class action lawsuits last September has and should continue to give brokerage giant Anywhere Real Estate a major leg up on moving forward regarding how buyer.....»»
Court Report: Class-Action Lawsuit Settlements Abound
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of April 2024 saw many settlem.....»»
Pro boxer Caleb Truax retiring to become Twin Cities real estate agent
Professional boxer and Minnesota native Caleb Truax is hanging up his boxing gloves to enter real estate. "... I'm excited to make some money and not have to get punched in the face,” he said......»»
Breaking: La Cantera Resort & Spa to undergo major makeover
Current ownership plans to invest tens of millions of dollars into the property that was developed by USAA Real Estate in 1999......»»