Above, Howard “Hoby” Hanna Amid the broader—and increasingly complex—debate over private listings, one of the more independent-minded independent brokerages announced this week that it is launching its own private network as a “strategic initiative,” balancing the demand for so-called “seller choice” with MLS policies the company has previously criticized. HannaList, announced this week by Howard…

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Premier Sotheby’s International Realty names CFO, promotes two Premier Sotheby’s International Realty, headquartered in Naples, Florida, has named and promoted Abigail Tezniarz to chief financial officer and promoted Melissa Morehouse to associate vice president of marketing operations and Frank Russell to associate vice president of creative services.  Tezniarz joined the brokerage in 2004 and has…

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Editor’s note: This is part two of a two-part story examining the impact of the Redfin-Compass deal. Read part one here. “Real estate isn’t a transaction. It’s a process.” Those words, from Compass CEO Robert Reffkin on the company’s recent earnings call, were in response to a question about how Compass agents can communicate value…

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After two and a half days of deliberations following a month-long trial in Manhattan federal court before U.S. District Judge Valerie Caproni, jurors on March 9 convicted luxury real estate brokers and brothers Alon and Oren Alexander, both 38, and Tal Alexander, 39, on all 10 counts of sex trafficking, inducing women to travel for…

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Editor’s note: This is part one of a two-part story examining the impact of the Redfin-Compass deal. Look for part two in the coming days. “The future is bright. Look forward to building it with you.” Those words, from Compass CEO Robert Reffkin to Rocket Companies CEO Varun Krishna, have a little bit of subtext.…

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Two federal judges this week appeared inclined to let a parallel homebuyer antitrust case against several brokerages move toward settlement, mostly denying plaintiffs who have fought to block or consolidate the competing litigation.  The controversy came after Anywhere Real Estate struck a $9.6 million settlement in a copycat case that lawyers in the original and…

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Less than a week ago, the United States went to war against Iran. While pundits and economists seek to assess the domestic impact, most experts have so far agreed that it is far too early to make any prediction regarding economic consequences, especially as federal officials (including president Donald Trump) offer shifting objectives and timelines.…

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Above: C.A.R. President Tamara Suminski, left, and Ethica AI Founder and CEO Judd Hoffman, right For a company with a shiny new AI product and an industry association seeking to have its agent members cut down on paperwork so they can more efficiently guide clients to buy and sell homes, it’s looking like a perfect…

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The headlines about the real estate industry are everywhere. Compass acquired Anywhere Real Estate to create the largest real estate company by agent count. Zillow and Compass are locked in a Goliath-versus-Goliath legal battle over private listings. A wave of RESPA-related lawsuits alleges undisclosed referral kickbacks between real estate agents and mortgage companies. And then…

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