Industry News

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.

Watch the conversation with NAHB leaders as they discuss housing supply, the affordability crisis and the impact of tariffs on builders.

Don Kottick to lead RE/MAX's Canada division, while a longtime HomeServices exec will helm Sotheby’s brokerage operations. Plus, Real elevates VP to CFO role.

Big firms are increasingly absorbing smaller ones, but “it's still a relatively fragmented industry” — which presents both opportunities and challenges.

The two camps for and against private inventory took to LinkedIn to fortify their positions on the issue and to lob attacks at one another.

Watch the conversation with data analyst Mike Simonsen as he weighs in on private listings, rising inventory and where home sales are headed in 2025.

The Georgia case joins a handful of others as agents argue they are being forced to pay unnecessary association fees to gain access to listings.

Listings transparency is critical for both consumers and the industry, and NAHREP supports efforts by Zillow, eXp and Redfin to provide access to all listings.

Elizabeth Ranno to drive education and engagement efforts at NAR; Christie’s announces a new EVP of affiliate services; Kris Pope to lead growth at Realfinity.

At a recent Advocacy in Action conference, brokers tackled issues including VA lending practices, trigger leads and hidden borrower costs.