Opendoor has agreed to pay $39 million to settle a lawsuit that alleges the company misled investors about the reliability of its pricing technology, according to court documents filed Friday. The proposed settlement — filed in federal court in Arizona and first reported by Reuters — must still be approved by U.S. District Court Judge […]
Opendoor will pay $39M to settle pricing algorithm lawsuit Read More »
Consumers listing a $400,000 property for sale could save up to $10,000 in broker fees by using a “low-fee” brokerage firm, according to a report published Monday by the Consumer Policy Center (CPC). The report, written by CPC fellows Stephen Brobeck and Wendy Glich, examined both flat-fee brokers (who list a property on the MLS
Low-fee brokerages could give home sellers considerable savings Read More »
Century 21 Real Estate has announced a new affiliation with Kobetz Realty Inc., a full-service brokerage based in Ukiah, California. The move expands Century 21‘s presence in Mendocino County and the surrounding region. Founded in 2020 by broker/owner Benjamin Kobetz, the firm will now operate as Century 21 Kobetz Realty. Kobetz, a lifelong Mendocino County
Century 21 expands yet again — this time in Northern California Read More »
Partner Real Estate is on the rise — and making its presence felt. The Los Angeles-based independent brokerage achieved its best-ever placement in the 2025 RealTrends rankings, coming in at No. 13 among mega teams by closed sales volume. For Rudy Kusuma, CEO of the team, the distinction represents more than just a number. “We
Partner Real Estate soars to new heights among mega teams Read More »
Century 21 Myers Realty has merged with PAL Realty, a Leesburg, Florida-based firm that specializes in serving 55-plus active adult communities. The merger expands the reach of Century 21 Myers Realty to seven offices and brings its agent count to approximately 160. PAL Realty, founded in 2006 by broker June Robbins, will now operate under
Century 21 merger expands central Florida presence Read More »
On the latest episode of the RealTrending podcast, host Tracey Velt sits down with Tami Pardee, founder of Pardee Properties in Venice, California. Pardee leads a boutique brokerage that’s redefining high-touch service and high-performance operations in the real estate world. Drawing from her roots in the entertainment industry, Pardee reveals how she reimagined the traditional
Tami Pardee on scaling her agency with a Hollywood playbook Read More »
A federal judge on Tuesday refused to block a landmark New York City law that will shift responsibility for paying broker fees from renters to landlords — clearing the way for the Fairness in Apartment Rental Expenses (FARE) Act to take effect on Wednesday. U.S. District Court Judge Ronnie Abrams denied a request by the
Judge rejects bid to block NYC broker fee reform Read More »
In the wake of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement, RealTrends Consulting co-founder Steve Murray predicted a new wave of industry consolidation. “Almost any time in history the U.S. federal government gets involved in this kind of litigation against a whole industry and imposes draconian changes to that industry, it causes
How to navigate a successful brokerage acquisition Read More »
Canadian-based RARE Real Estate has launched operations in South Florida, marking its official entry into the U.S. market. The move is part of a broader expansion strategy by the fast-growing brokerage, which gained recent attention through its feature on the Amazon reality series “Luxe Listings Toronto.” RARE’s entry into the U.S. market is led by
RARE, a Canadian brokerage featured on reality TV, enters the US market Read More »
Century 21 Real Estate has added Shorepine Properties in Pacific City, Oregon, to its network — strengthening the brand’s presence in the state’s Central Coast region. Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. A former hospitality manager, Kirkendall transitioned into real estate after moving to Pacific City in
Century 21 expands with affiliation on Oregon coast Read More »