Industry News

While consumers have disrupted services like travel and transportation, that’s less likely to happen in the real estate industry, research suggests.

Adjustable-rate mortgages are gaining ground, and real estate agents can play a role in dismantling old stigmas and guiding buyers toward informed choices.

Publicly marketed listings that are not widely available will be flagged beginning May 28 — and new listings that don’t comply may be barred starting June 30.

In a speech to industry executives, Scott Turner emphasized the agency’s “mission-minded focus” — and his plans to cut out the bureaucracy that gets in the way.

The former NFL player and state representative will be tackling housing issues with a significantly smaller budget — and looking to the private sector for help.

An agent alleged the New York City-based home search site was continuing to collect fees for rental listings that were no longer displayed.

The home search site has been “battling giants” for years, Movoto’s president says. This will give it a boost — and consumers a better end-to-end experience.

Opponents of NAR's speech code say it limits freedom, but undermining the dignity of those we serve is not a right. Realtors must be held to higher standards.

In response to Zillow’s ban on publicly marketed but off-MLS properties, Homes.com will provide affected agents with free premium marketing for those listings.

Rocket posted a significant loss in Q1 but said its recent deals create a “super funnel” for the company and a “beautiful, end-to-end experience” for consumers.

Revenue jumped 13% and traffic increased 5%, beating expectations. CEO Jeremy Wacksman credited bundled offerings while affirming Zillow’s new listing rules.

A draft bill in Illinois would require licensed agents to add listings to a “platform or website accessible to the general public” within a calendar day.

The top iBuyer looks to build its referrals to agents as revenue slips 2% but losses ease; Offerpad, meanwhile, saw revenue drop 44% and losses improve by 14%.

NAR’s speech code, intended to prevent discrimination via hate speech, is targeted in Texas, while Florida seeks to scrap its real estate commission.

StreetEasy, which serves the New York City market, will deny agents “who choose to publicly market listings to some buyers but not all” access to some programs.

CoStar CEO Andy Florance said the company is ready to take advantage of industry changes “with a superior product and aggressive marketing campaign.”

Watch the conversation with Zillow exec Errol Samuelson as he goes deep into the ‘what’ and ‘why’ behind the portal’s divisive move.

Katie Sweeney, Rocket Pro’s EVP of strategy and broker advocacy, is clear about her top priority: “My job is to create leverage for brokers. Period.”

In his new role, Chris Choi will help “accelerate our transformation and solidify our position as an industry leader,” the tech firm’s CEO said.

A third brokerage has endorsed the portal’s pro-MLS stance. Meanwhile, Zillow is phasing out its two-tab search display for markets with no commingling rules.