Profit-sharing lawsuits continue to pile up on Keller Williams

Keller Williams was named to an additional class-action lawsuit this week that takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyc
Read MoreNevada governor urges Biden to act on affordable housing

Nevada Gov. Joe Lombardo (R) has submitted a letter to President Joe Biden, urging him to decrease federal spending and to take action on affordable housing issues.“A particularly acute concern to Nevadans is the housing market, which is reeling from the combined effects of high inflation and intere
Read MoreAs a ‘higher-for-longer’ rate scenario unfolds, how is the mortgage industry adapting?

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected.If this scenario unfolds, analysts a
Read MoreQ2 AgentPulse survey: Low inventory is greatest challenge

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago, they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.The survey, which was conducted between th
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