IndustryCourts this week: Motions filed in Gibson, Homie; eXp updateDefendants seek dismissals in the Missouri case; leading Utah MLS dropped from lawsuit involving flat-fee brokerage; eXp files settlement.Dave GallagherOctober 11, 2024
TechTech Bytes: AI powers new tools from Zillow, CubiCasa, CoreLogic Zillow acquires virtual staging app; CubiCasa now turning floor plans into virtual tours; new CoreLogic platform integrates data; Propy and Inspectify team up.Real Estate News StaffOctober 11, 2024
MLS/AssnLocal association pauses Clear Cooperation — will others follow?A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.AJ LaTraceOctober 11, 2024
MLS/AssnWhat is the value of MLSs and associations post-settlement?A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.AJ LaTraceOctober 11, 2024
By the NumbersHigher rates, lower inflation: Mixed news creates uncertaintyBuyers are left wondering if they should wait for rates to fall again, as some economists expect, or act now “and worry about rates secondly.”Dave GallagherOctober 10, 2024
MLS/AssnNAR appeals to Supreme Court in DOJ battleThe trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.Dave GallagherOctober 10, 2024
AgentsHow buyers have (and haven’t) changed in recent yearsZillow’s latest trends report finds that, despite turbulence in the market, consumer traits and preferences are fairly stable — with some key exceptions.Dave GallagherOctober 9, 2024
Sponsored ContentZillow: Insights, trends and best practicesSee the latest product and company news, plus tips for agents and brokers.
IndustryThe recipe for fixing Clear Cooperation — and avoiding chaosIn the second of a 2-part series, NextHome CEO James Dwiggins warns of a greed-driven future if the CCP is eliminated, and shares a proposal for revising it. James DwigginsOctober 9, 2024
Sponsored ContentRealtor.com PRO: Exclusive news, insights, and adviceDiscover the newest updates on our products and company, along with expert tips tailored for agents, team leads, and brokers.
IndustryYour guide to the latestKeep track of all the cases and their status with our handy lawsuit cheat sheet.
IndustryZillow stands firm on opposition to private listing networksPresident Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.AJ LaTraceOctober 9, 2024
MLS/AssnMLS Milestones: Data shares in Texas, plus a new buyer agreement toolThree major Texas MLSs — Unlock, HAR and SABOR — agree to share data; REcore unveils new compliance product for buyer agents; Stellar subsidiary goes global.Real Estate News StaffOctober 8, 2024
BrokeragesHoward Hanna dismissed from Pennsylvania commissions caseWest Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.Dave GallagherOctober 8, 2024
IndustryWhy we have Clear Cooperation — and why we should keep itIn the first of a 2-part series, NextHome CEO James Dwiggins explains the history of NAR’s policy and warns of the legal consequences of eliminating it.James DwigginsOctober 8, 2024
By the NumbersHomebuyer sentiment is up, but for how long?Consumers were considerably more upbeat about the housing market in September, but rising mortgage rates may put a damper on their enthusiasm.Dave GallagherOctober 7, 2024
BrokerageseXp paying $34 million to settle commissions caseThe deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.Stephanie Reid-SimonsOctober 7, 2024
TechTech Bytes: Agent safety platform wins; DropOffer, Rayse rolloutsTether RE takes top spot in T3 Tech Summit Pitch Battle, DropOffer launches platform for off-market deals, Rayse platform goes live in 200 brokerages.Real Estate News StaffOctober 7, 2024
Industry‘Unfiltered’: Yes, it’s hard, ‘but it’s time to move forward’Watch the conversation with industry icon Sherry Chris as she discusses leading with humility, brand-building and navigating change.Real Estate News StaffOctober 6, 2024
BrokeragesBrokerage Beat: News from Christie's, The Agency, Redfin, moreChristie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.Real Estate News StaffOctober 5, 2024
MLS/AssnPocket listings lawsuit now focused solely on NARIn a fourth amended complaint, Top Agent Network has doubled down on its allegations that Clear Cooperation is anticompetitive and anti-consumer choice.AJ LaTraceOctober 4, 2024