All Posts in "Real Estate News" Category

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Real estate’s consolidation math has changed. The industry hasn’t caught up.

Two transactions. One structural shift. Compass’s acquisition of Anywhere and Real’s $880 million deal for REMAX are not simply the largest brokerage transactions in recent memory. And, now add to that eXp’s acquisition of NextHome and together, they represent something the residential real estate industry has not seen before: the emergence of vertically integrated platform companies operating at…

Mortgage Connect noncompete agreement ruled unenforceable by Pennsylvania judge

The lawsuit that prompted Federal Trade Commission (FTC) Chairman Andrew N. Ferguson to issue a warning letter to Mortgage Connect last week has dealt the company a significant legal blow. As the FTC scrutinizes Mortgage Connect for deploying “unjustifiable noncompetes,” a Pennsylvania judge ruled that the company’s contract was so “sweeping” and “overbroad” that it’s…