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Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry

Housing Wire

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. The days of door opening are over.

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The Beinfield Team in Connecticut returns to Compass after brief departure

Housing Wire

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement. million in sales in 2022, according to the RealTrends 2023 America’s Best list.

Principal 420
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The Agency Dallas attracts top performing agents

Housing Wire

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. In 2022, he recorded a sales volume of $30 million.

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Umpa commission lawsuit defendants look to get case dismissed

Housing Wire

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec.

Brokerage 407
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Reverse mortgage veteran offers advice for bringing new partners aboard

Housing Wire

After learning about his path into the business , RMD sat down with Schmidt to learn more about his approach for enlisting new partners at FAR and across the wider industry. Technically, it encompasses brokers, principal agents and closed loan sellers,” he said. “We We use ‘partner’ to group all these roles together.

Mortgages 382
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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Williams has decades of experience in the real estate industry.

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Two top BHHS teams create one mega team in Las Vegas

Housing Wire

. “Working together as one group combines a vast range of industry backgrounds that contribute to expertise in every category of real estate. ” The Mullin Group was among the top mega teams in Nevada by sales volume, according to the 2023 RealTrends ’s America’s Best ranking. 3 rank in Nevada by that measure.

Principal 402