Open Real Estate, the national initiative launched by big brokerage leaders last week that has promised to create a shared “infrastructure” for property listing data, today announced it has received 826 letters of support from real estate brokerage leaders. Behind the strength—and size—of its four founding brokerages (HomeServices of America, AGNT, Keller Williams and Real…
Four brokerage giants are launching what they call “shared infrastructure” to keep listings shared broadly, seemingly in direct opposition to Compass and its campaign to undo cooperation-focused rules, in an initiative dubbed “Open Real Estate.” The four companies founding the initiative are Keller Williams, AGNT (parent of eXp and NextHome), HomeServices of America and Real…
HomeServices of America and Long & Foster Companies have named Daniel Dennis president & CEO of the iconic, 55-year-old firm. With more than two decades of brokerage, luxury and national industry experience, Dennis succeeds Patrick Bain, who is stepping down following a 16-year career with the firm, including as president & CEO for the last…
The Council of Multiple Listing Services (CMLS) has announced a new Brokerage Membership category designed to bring MLS and brokerage leaders together for more direct dialogue, collaboration and shared learning. According to a release, the new membership reflects a simple premise: Building the MLS of the future requires the people who operate MLSs and the…
HomeServices of America has announced it has acquired 1000WATT real estate research agency. According to a release, the move will expand the resources available across HomeServices of America’s operating companies and HSF Affiliates, including the Berkshire Hathaway HomeServices franchise network. Cofounded by Brian Boero and Marc Davison, 1000WATT is a creative, marketing and research firm…
Discount brokerage Homie Technology, Inc.’s appeal to reverse the dismissal of its lawsuit against the National Association of Realtors® (NAR)—as well as Anywhere, REMAX, Keller Williams and HomeServices of America—has been dismissed. The U.S. Court of Appeals for the Tenth Circuit issued its judgement Tuesday, dismissing the appeal, with the Circuit judges stating in the…
HomeServices of America has appointed Gretchen Rosenberg as vice president of Industry Affairs and Engagement, where she will serve on the executive leadership team in an expanded full-time capacity. According to a release, Rosenberg brings a proven record of brokerage leadership, innovation and industry engagement. She joins the HomeServices executive leadership team after serving as…
A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market. On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…
Here, RISMedia CEO John Featherston talks about the continuing shifts, trends and battles ongoing in the industry, highlighted in three must-read stories: – Howard Hanna CEO Hoby Hanna’s outspoken op-ed on MLS governance – A data-ownership-driven partnership between HomeServices and Cotality – Zillow’s new lawsuit against Compass and MRED alleging ‘conspiracy’ to hoard listings. “Whether…
Above: HomeServices of America CEO Chris Kelly at RISMedia’s CEO & Leadership Exchange Event in 2025. Minnesota-based brokerage giant HomeServices of America and Texas-based franchisor Keller Williams has announced they are joining a “listing data interface” that will replace MLS entry with a “controlled, brokerage-level environment,” while still promising full support and compliance with local…
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