Douglas Elliman Terminates CEO Scott Durkin Amid Investigations
Scott Durkin, president and CEO of Douglas Elliman Real Estate and longtime New York real estate luminary, has been terminated...
Posts by Jesse Williams
Burnett Copycat Defendants, Objectors Gear Up for Final Settlement Approval Next Week
Several large brokerages are angling to garner more immunity from commission lawsuits as the final hearing for their settlement agreements...
Homebuyer Dreams, Macaroni and Cheese: What Is the AI ‘Recipe’ of the Future?
From left, Shelly Vincent, Laura O'Connor, Dan Troup, Shaleen Khatod and moderator Dave Garland. Photo by AJ Canaria. It isn’t...
Mortgage Mix: Fairway Hit With $10M Redlining Fine; Industry Lobbyists Pull Back
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
COURT REPORT: NAR Fulfills Supreme Court Promise; Buyer Cases Partially Paused
Deadlines in some of the biggest cases affecting real estate are fast approaching, with final settlement hearings for half a...
NAR Files Supreme Court Petition to Block DOJ Investigation
The National Association of REALTORS® (NAR) today filed its petition to the Supreme Court in a long-running, contentious dispute with...
Judge Will Pause Buyer Cases for Three Companies Pending Seller Appeal
In a conference for the largest buyer-filed commission cases today, Judge LaShonda Hunt of the Northern District of Illinois, who...
Two More Independents Settle Seller Commission Lawsuits
Two more large independent brokerages—John L. Scott Real Estate, which does business primarily in the Pacific Northwest, and Real Estate...
Powell Says Recession Risk Gone, but Housing Inflation Will Persist for ‘Some Years’
After more than two years of heavy-handed rate-raising by the Federal Reserve, which was largely responsible for putting the brakes...
Parties in Mega-Buyer Suits Reveal ‘Ongoing’ Settlement Discussion
In a new filing yesterday, plaintiffs and defendants in the looming mega-buyer commission lawsuits previewed some of the disputes and...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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