by Courtney Zwicker | Oct 10, 2025 | Legal Issues, News
Re/Max Canada confirms the court has approved its $7.8-million settlement of two class-action lawsuits that challenge real estate commission structures. The company confirmed in a statement to Real Estate Magazine that a decision was issued this week, enabling Re/Max...
by REM Editorial Team | Aug 19, 2025 | Legal Issues, News
As Mississauga-based iPro Realty. Ltd. shuttered its 17 branches on Tuesday after being found to have mishandled millions of dollars, Real Estate Council of Ontario issued an update to address some of the many questions stemming from the shocking events affecting...
by REM Editorial Team | Mar 27, 2025 | News
Hyyve is partnering with iCommission to offer Realtors early access to commissions, the Toronto-based platform says. The collaboration allows agents to access portions of their future commission once a listing agreement is signed and the property is listed on MLS,...
by Mike Murphy | Feb 11, 2025 | Legal Issues, News
The recent Sitzer/Burnett v. National Association of Realtors (NAR) case in the U.S. has forced significant changes in how buyer agents receive commissions. NAR settled the case to avoid an “existential” financial threat (more than $5-billion), agreeing to remove...
by Emma Caplan-Fisher | Jan 9, 2025 | News
As the real estate industry gets more competitive and the market more restrictive, some brokerages are offering clients reduced, flat-fee commissions or cash-back up front as financial assistance. While not a new business model, amid the National Association of...