Zillow, NAR slam REX’s alleged use of antitrust as a business strategy

Real estate giants Zillow and the National Association of Realtors are attempting to get an antitrust lawsuit filed by REX Real Estate tossed, hitting back against the discount brokerage’s allegations that it is the target of an illegal boycott. REX sued Zillow and NAR in March, alleging antitrust violations for a NAR rule that prompted … Read more

Cloud-based brokerage Archetape grows services with 2 acquisitions

Cloud-based brokerage Archetape, which operates in Texas and Louisiana, has acquired two of its fellow Texas-based real estate companies, Pinnacle Realty Advisors and Broker Breakup, the company announced on Thursday. Archetape, which was launched in Dallas in 2020 by founder Sam Sawyer, aims to reimagine the relationship between brokerage and agent through high-tech tools, full-service … Read more

RE/MAX sues eXp Realty over recruitment, ‘false advertising’

The suit claims eXp tried to solicit franchisees whose contracts with RE/MAX weren’t over yet and that it misrepresented RE/MAX’s commission splits, among other things. Colorado-based RE/MAX sued eXp Realty last week, claiming the virtual brokerage improperly tried to recruit RE/MAX agents and that it “unfairly and deceptively attacked” RE/MAX in ads. RE/MAX filed the … Read more

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