IndustryCommissions lawsuits FAQ: Answers to top questionsGet the facts about the major compensation lawsuits and recent settlements — and what they mean for agents, consumers and the future of NAR.Real Estate News StaffApril 28, 2024
IndustryCoStar, Realtor.com CEOs on traffic, ads and fierce competitionAndy Florance and Damian Eales took to the stage separately during the T3 Leadership Summit to address contentious traffic claims and highlight growth goals.AJ LaTraceApril 27, 2024
BrokeragesBrokerage Beat: News from E&V, BHGRE, @properties, Christie's, EXITE&V opens in Philly; BHGRE adds N. Dakota indie, secures renewal from top firm; @properties grows in Texas; Christie's enters Albania; EXIT adds 7 markets.Real Estate News StaffApril 27, 2024
IndustryNAR president to industry executives: ‘I’m sorry’“We fought as hard as we could,” said Kevin Sears this week when speaking about the settlement, its impact, and the need to change the media narrative.Dave GallagherApril 26, 2024
BrokeragesHomeServices makes $250 million deal to settle commissions lawsuitsThe last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.Dave GallagherApril 26, 2024
IndustryConsumers question agents' value — the industry should push backA T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.Dave GallagherApril 26, 2024
Paid ContentHow a global referral network can drive local business for real estate prosTwo agents share why aligning with a real estate brand recognized around the world, like RE/MAX, can open vast new possibilities for business.Sponsored by RE/MAX
BrokeragesGlenn Sanford: ‘Our real goals are not domestic’During the T3 Leadership Summit, the eXp founder discussed some of his early challenges, the need for internal disruption, and his international ambitions.AJ LaTraceApril 25, 2024
By the NumbersMixed market signals: Mortgage rates shoot up, sales trend positiveEven as interest rates and prices keep rising, new and pending home sales have ticked up.Dave GallagherApril 25, 2024
IndustryNAR deal ‘could be detrimental’ to Black agents, buyersIn a conversation with Real Estate News, Dr. Courtney Johnson Rose of NAREB discussed the pros and cons of the recent settlement and upcoming rule changes.AJ LaTraceApril 25, 2024
IndustryYour guide to the latestKeep track of all the cases and their status with our handy lawsuit cheat sheet.
BrokeragesAnywhere focused on cost-cutting as revenue holds steadyRevenue and agent count dipped slightly, but the company highlighted the strength of its Sotheby’s brand and its progress toward a $100 million savings goal.AJ LaTraceApril 25, 2024
IndustryZillow CEO: ‘Keep your head down and deliver for your customers’At the T3 Leadership Summit, Rich Barton discussed what’s in store for Zillow and the industry — and encouraged the audience to “resist the urge to chaos.”AJ LaTraceApril 24, 2024
IndustryJudge says yes to consolidation of Missouri casesThe court approved an April 19 request filed by the Gibson and Umpa plaintiffs to merge the lawsuits, which were both under the purview of Judge Stephen Bough.Cheryl Reid-SimonsApril 24, 2024
BrokeragesRealty ONE, @properties reach settlements in commission casesThe brokerages are the first to settle following preliminary approval of the NAR agreement by a Missouri judge earlier this week.Dave GallagherApril 24, 2024
TechTech Bytes: Movoto partners with GreatSchools; T3 Sixty names Fusion finalistsWeb portal Movoto announces exclusive partnership with educational data nonprofit; Fusion awards recognize top-tier residential real estate brokerage websites.Real Estate News StaffUpdated April 26, 2024
IndustryCoStar revenue up 12%, but Homes.com advertising eats into profitsHomes.com subscription sales to agents are the biggest product launch in CoStar history, said CEO Andy Florance, as the company pursues portal dominance.Cheryl Reid-SimonsApril 23, 2024
Industry‘Change will absolutely happen’ — so build something newReal estate has gone through massive changes over the past 50 years, says industry icon Stefan Swanepoel, but it’s time to focus on the future.Stephanie Reid-SimonsApril 23, 2024
IndustryPeople on the Move: C.A.R. CEO resigns; eXp names new CMOJohn Sebree is leaving the California Association of Realtors, while Wendy Forsythe will move into the role of CMO at eXp.Real Estate News StaffApril 23, 2024
IndustryJudge grants preliminary approval of NAR settlementA hearing for final approval is scheduled for Nov. 26. The court filing also included information about who is covered in the nationwide class action.Dave GallagherApril 23, 2024
TechReal estate’s AI era is just starting — here’s what you need to doIt’s not too late to get on board, but “you have less than a year to figure it out,” AI expert Allie K. Miller told execs at the T3 Leadership Summit.Stephanie Reid-SimonsApril 23, 2024