Newfound’s Perspective on the NAR Settlement and the Path Towards Industry Transformation

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  Friends of Newfound, I am writing to discuss the recent developments surrounding the National Association of Realtors (NAR) landmark settlement in the Sitzer|Burnett case. This pivotal event marks a significant turning point for the real estate industry and the consumers it serves. As CEO of Newfound, which encompasses our innovative brokerage brands Trelora, Houwzer, […]

An Open Letter to the Real Estate Industry: It’s Time for Change. What a Pro-Consumer Blueprint for Real Estate Reform Should Look Like

  Dear Colleagues, Last week’s Sitzer|Burnett verdict is more than a legal milestone; it is a resounding message from the public that reverberates through the foundation of our industry. The colossal $5.8 billion Sitzer|Burnett settlement, along with the $4 trillion tide of class action suits surging through our courts in its wake, doesn’t just signal […]

NAR, Brokerages, Conspired to Inflate Commissions. Newfound Offers Compelling Path Forward

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Sitzer | Burnett Verdict Reinforces Newfound’s Commitment to Fair, Cost-Effective Real Estate Practices. PHILADELPHIA – (November 6, 2023) – The Sitzer | Burnett verdict represents the first domino in a seismic shift in the residential real estate industry. On behalf of consumers everywhere, the jury has spoken – the National Association of Realtors (NAR), alongside […]

Newfound Launch— Accelerating National Expansion and Launching Pioneering New Brands

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The nation’s largest one-stop-shop real estate brokerage, Houwzer announces the creation of its parent company, Newfound PHILADELPHIA – (August 16, 2023) – The nation’s largest one-stop-shop real estate brokerage, Houwzer® announces the creation of its parent company, Newfound®. Newfound will leverage Houwzer and Trelora’s national network of salaried agents and its well-established full-service, 1% listing […]

Houwzer Acquires Competitor Trelora

Acquisition of Denver-based brokerage Trelora increases Houwzer’s footprint to 14 states spanning coast to coast, adds to management team, and expands business lines PHILADELPHIA – (December 12, 2022) –Houwzer, now the nation’s largest one-stop-shop real estate brokerage platform, announced today it has acquired Trelora, a pioneering next-gen brokerage out of Denver, Colorado. Houwzer and Trelora are […]