MLS/AssnNAR president works to rally ‘the boots on the ground’Kevin Sears kicked off NAR NXT with an acknowledgement of real estate industry challenges and a message of unity. His go-to message: “We protect consumers.”Stephanie Reid-SimonsNovember 8, 2024
IndustryRealtor.com's 'Trust' claim gets OK following CoStar complaintBBB National Programs ruled in favor of Realtor.com, saying it “provided a reasonable basis” for its claim of being “#1 Site Real Estate Professionals Trust.”AJ LaTraceNovember 8, 2024
BrokeragesAnywhere could be ‘biggest beneficiary’ if Clear Cooperation is repealedDuring a Q3 earnings call, CEO Ryan Schneider reiterated his support of the CCP but said large firms would be the winners if it goes away. Revenue, income fell.AJ LaTraceNovember 8, 2024
AgentsTypical seller is older than ever, gets full asking priceAn aging seller pool reflects a trend also seen among buyers — but sellers have retained the upper hand, rarely reducing prices or offering incentives. AJ LaTraceNovember 8, 2024
BrokeragesWeichert reaches a deal in Georgia commissions caseThe franchise went the same route as eXp, agreeing to settle with plaintiffs in the Hooper case even though it was originally named in Gibson.Dave GallagherUpdated November 8, 2024
BrokeragesRedfin Next commissions take a bite out of earningsCEO Glenn Kelman apologized to shareholders but also said expansion of the company’s new agent pay plan will help the brokerage “go on the attack” in 2025.Dave GallagherNovember 7, 2024
BrokerageseXp continues to lose agents, but transaction volume gets a boostThe company suffered losses due to its payout in the commissions settlement, but touted agent productivity, international growth and positive revenue.Robert DavisNovember 7, 2024
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By the NumbersFed action not enough to keep mortgage rates from surgingDespite a 25-point cut by the central bank, rates rose for a sixth straight week while applications fell sharply.Dave GallagherNovember 7, 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.
IndustryA closer look at compensation and moreThe Opportunity Report tackles the most important topics facing residential real estate.
BrokeragesReal continues its rise, focused ‘on what we can control’The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.Stephanie Reid-SimonsNovember 7, 2024
IndustryZillow sees big revenue boost as it continues to beat expectationsGrowth across all major divisions, which the company attributed to strong conversions and agent partnerships, produced double-digit gains in the third quarter.Dave GallagherNovember 6, 2024
By the NumbersThe election is over — what does it mean for interest rates?In the short term, expect "rising and more unpredictable mortgage rates." But the Fed will likely stay the course and issue a modest rate cut this week.Dave GallagherNovember 6, 2024
TechSearch by beds, baths — and who your neighbors voted forHome listings on the Flyhomes search portal now show the breakdown of recent presidential and congressional voting trends in any given community. AJ LaTraceNovember 6, 2024
IndustryFederal housing leaders want to see 'bold action'HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, insurance and appraisals.Robert DavisNovember 6, 2024
Brokerages4 more brokerages file preliminary settlementsThe combined deals, which total nearly $5 million, are the next step in resolving litigation for the four firms with regional and national footprints.Dave GallagherNovember 5, 2024
Industry‘Unfiltered’: Buyers are ‘DIYing themselves down the funnel’Watch the conversation with Zillow CEO Jeremy Wacksman as he explains why savvy shoppers are better for agents, and why private listing networks are “just bad.”Amie FisherNovember 5, 2024
BrokeragesFathom Holdings acquires major brokerage player in ArizonaThe quickly growing company said the acquisition of My Home Group will help bolster brokerage transactions as well as mortgage and title services.AJ LaTraceNovember 4, 2024
IndustryJudge largely dismissive of objections to settlementsIn a lengthy filing, Judge Bough outlined his reasons for approving nine brokerage settlements last week, which he said got plaintiffs “the best deal possible.”Dave GallagherNovember 4, 2024
AgentsToday’s buyers look vastly different from a generation agoNAR’s annual profile of homebuyers, which includes several new records, illustrates just how hard of a market it’s been for would-be homeowners.AJ LaTraceNovember 4, 2024