All eyes on Hanna after bold listings shift — but now what?
After becoming CEO of the nation’s largest independent brokerage, Hoby Hanna limited access to some listings. Expanding that approach is the table for 2024.
December 9, 2023
Real Estate News: The latest news for agents and other pros.
- Brokerage Beat: News from RE/MAX, Real, CB Warburg, moreRE/MAX adds 120 agents through two affiliations; Real takes on Kansas City; CB Warburg promotes COO; C21 gains firm in Illinois; The Agency opens in Boulder.December 9, 2023
- Dear Coach: Tom Ferry's top lead-gen strategyCoaching expert Tom Ferry talks about what to expect from a coaching session and why more agents should embrace video.December 8, 2023
- Lawmakers target hedge-fund homebuyersThe bill, which would give large-scale corporate investors 10 years to unload the homes they own or face massive penalties, faces long odds.December 8, 2023
- Optimism about buying a home hits an all-time lowEven with mortgage rates dropping, challenges like affordability and stagnating household finances are keeping consumers wary.December 7, 2023
- Mortgage rates flirt with the 7% mark, could drop furtherIt’s the sixth straight week of declines, coinciding with signals that the economy is cooling.December 7, 2023
- Redfin AI tool allows shoppers to virtually redesign roomsPowered by Roomvo, Redfin Redesign is launching on 75,000 listings and lets home shoppers change paint colors, flooring and countertops with a few clicks.December 7, 2023
Commissions in jeopardy
Following the Sitzer/Burnett verdict, lawsuits challenging long-standing commissions practices have cropped up across the country — some local, some national in scope.
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- KW Command updates include generative AI copywriting for adsKeller Williams also announced automated market snapshots and additional features as its CRM platform joins others in adding ChatGPT-powered capabilities.December 6, 2023
- Florida commissions lawsuit targets largest state associationThe Florida Association of Realtors and 16 brokerages are named in the seventh major antitrust case filed by home sellers since the Sitzer/Burnett verdict.Updated December 7, 2023
- Tech Bytes: News from Cloze, RentSpree, iGo, AddressableCloze and Realscout team up; Stellar MLS partners with RentSpree; InspectionGo promotes COO to president; Addressable shuts down.December 6, 2023
- Squeezed from all sides, buyer’s agents remain resilientBuyer’s agents in 2023 were at the center of questions about compensation — and their value. But those who have made it through are confident of their worth.December 6, 2023
- People on the Move: NAR names new marketing and comms leaderSuzanne Bouhia will take on the role of Chief Marketing and Communications Officer, effective Dec. 11, during a turbulent time for the organization.December 5, 2023
- New commissions lawsuit names Pennsylvania MLS, brokeragesWest Penn MLS and multiple brokerage companies are defendants in the latest buyer-broker commission suit filed Monday by home sellers in Western Pennsylvania.December 5, 2023
- 2024 may bring ‘season of hope’ amid lawsuits and AI shiftsMortgage rates, inventory and prices are expected to improve for homebuyers in the new year as the industry responds to commissions-focused court cases.December 5, 2023
- Seattle-area brokerage quits NAR, on ‘right side of the story’Coldwell Banker Danforth broker/owner says he’s not against NAR, but that he wants agents to be able to decide for themselves if they join or not.December 4, 2023
- The Golden State’s housing market could be a sure bet in 2024A new ranking of the top 10 cities for growth includes five Southern California metros that could see double-digit sales growth next year.December 4, 2023
- Trends 2024: NAR is at a crossroads and must take bold stepsThe National Association of Realtors is at risk of becoming irrelevant — or worse. T3 Sixty industry consultants offer their take on how it must reshape itself.December 4, 2023
