The Real Brokerage Inc. (NASDAQ: REAX) announced a $9.25 million settlement agreement to resolve the pending class action litigation in one of the post-Sitzer/Burnett copycat lawsuits regarding the commissions paid to real estate professionals. Under the terms of the...
Two months after the verdict in the Sitzer/Burnett trial rocked the real estate profession, another lawsuit was filed in Missouri challenging the commission structures of real estate professionals. Maryland resident named Daniel Umpa filed a complaint in the U.S....
A Seattle-area brokerage created by a former reality television star and an ex-police officer has joined The Real Brokerage (NASDAQ: REAX). Kirkland, Washington-based MDG Residential is led by Jason Mesnick, who starred on the thirteenth season of the ABC series “The...
The Real Brokerage Inc. (NASDAQ:REAX) announced that the Sunny Narang Group has joined the company. Led by Sunny Narang and Chris Fordinal, the 64-agent team serves Los Angeles County’s San Fernando Valley and is on track to close 300 transactions this year with a...
The Real Brokerage Inc. (NASDAQ: REAX) announced the Sacramento-based brokerage Legends Real Estate, led by John Pope, has joined the company. Founded in late 2022, Legends Real Estate and its 56 agents serves the three-county greater Sacramento metropolitan area....