Industry News

Move Inc. lawyers said that a former employee who went to work for CoStar accessed Realtor.com’s proprietary document containing future plans for articles.

It’s early, the iBuyer’s CEO says, but Opendoor has seen “10-15 basis points of pressure” on commission rates. “Not a huge amount, but decidedly different.”

More than 25,000 consumers paid Zurixx for coaching endorsed by TV real estate reality-show stars in a case officials hope “is a warning to others.”

The company said its contract — which will be available in 24 states — was designed to “help agents navigate new requirements” related to the NAR settlement.

The Consumer Federation of America has shared criteria to “assist regulators … and the industry itself in evaluating the fairness of new seller contracts.”

Watch the conversation with MoxiWorks’ new CEO, an industry outsider who believes companies — and agents — should approach the future with a fresh perspective.

To align with the NAR settlement, eXp has issued a new listing form that explicitly states that there is no commission sharing with a buyer's agent.

The former Realtor.com employee at the heart of the case responded to the accusations, while lawyers for both companies complained of leaks and delays.

Watch the conversation as Local Logic’s CEO shares how data on “everything that happens outside the four walls” of a home can turn agents into instant experts.

Troy Palmquist will oversee a product team, commercial real estate and more for eXp; Tim Hudak is stepping down as Ontario association CEO effective August 2.

A sequel to the industry-challenging assessment is being developed and will focus on the future. “The time is now for the industry to transform itself.”

CEO Andy Florance touted the growth of Homes.com and said its traffic data source was more reliable, comparing it to “election results” versus “polls.”

A letter to the state’s Realtor association also calls out consumer complaints about being “ensnared in contracts with brokers” they don’t want to work with.

A leading MLS lawyer breaks down the settlement that removes offers of compensation from MLSs and requires more robust buyer agreements starting August 17.

Renters and buyers are frustrated by high housing costs, but homeowners — the largest share of likely voters — are focused on other issues.

A new report shows major drops in international purchases of U.S. real estate, at a time when legal efforts to restrict buyers from certain countries ramped up.

Watch the conversation as Lane Hornung of zavvie and 8z explains what agents need to know about “power buying” and innovations in financing to show real value.

After criticizing many agreements as “unfair,” The Consumer Federation of America has compiled a list of best practices for the industry.

Rich Simonelli is back at CoStar after a 5-year hiatus, leading investor relations, while Cyndi Eakin was promoted to chief accounting officer.

Settlement details and dates have been set for Compass, Real, Douglas Elliman, Realty One and @properties, but NAR hit a roadblock in its fight with the DOJ.