Trending News: July 24th, 2024

Keller Williams hits milestone: $2B in profits shared with agents. Also, 'Irrebuttable' sales claims trap brokerages in settlement limbo. Finally, HUD awards $325M in grants to rehab distressed housing.

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Show Notes

Keller Williams hits milestone: $2B in profits shared with agents. The company celebrated during a live ‘growth call’ with leaders from more than 1,000 franchisees in the US and Canada. Nearly 150 KW agents have earned more than $1M in lifetime profit share. Read more

‘Irrebuttable’ sales claims trap brokerages in settlement limbo. Several brokerages reported transacting over $2B in sales in 2022. After the NAR settlement made that an undesirable number, some are stuck and trying to figure out how to move forward. Read more

HUD awards $325M in grants to rehab distressed housing. The sum is roughly in line with previous funding allocations for the Choice Neighborhoods program. Read more

Music by: Gloria Tells from Epidemic Sound

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