Industry News

The Taylor case claimed Zillow incentivized partner agents to steer homebuyers to its mortgage division. The plaintiffs can refile, but must do so by Aug. 17.

Tech wealth is having a “really dramatic” impact on housing in San Francisco, Mike Simonsen said. What he wants to know is when — or if — the trend will spread.

The $8.5B deal brings Taylor Morrison under the conglomerate’s umbrella, helping Berkshire realize its “vision for a unified site-built homebuilding operation.”

The company published new data today on more than 70,000 closed Compass listings that indicates pre-marketed homes sell for more and go under contract faster.

When agents and brokerages limit access to information, consumers are unable to weigh all their options, inherently constraining their range of choices.

Proptech veteran Mike Ryan joins PLACE as EVP of business development. Plus, Nick Janovsky will oversee luxury sales for SERHANT along Florida’s Gulf Coast.

The Sitzer/Burnett plaintiffs filed a motion today after FBS “refused” to provide listing and seller data MLSs agreed to release per the settlement terms.

As part of an antitrust review, Robert Reffkin and Rebecca Jensen have been called upon to answer questions about their companies’ private listings partnership.

Diana Wall brings nearly 30 years of experience to her role as chief growth officer. Plus, Windermere Signature Properties President and CEO Pat Shea to depart.

Brokerages are allowed to benefit from a deal — but fiduciary duty requires full disclosure, including unbiased data on the downsides of private listings.

Tripti Kasal joins WCR from LeadingRE. Plus, Baird & Warner hires CMO; CoStar appoints CFO; Rocket’s IR team grows; NTREIS adds data compliance leader; more.

The AI-powered brokerage wants to “work with every MLS” to get “every single home that’s for sale” on Google, a company executive said in a recent webinar.

After months of debate, the 21st Century ROAD to Housing Act has finally become law. Plus, FHA requirements raise concerns; Fed appoints task force leaders.

The portal, MLS and brokerage are anticipating a ruling on whether Zillow will retain access to MRED’s data feeds. The judge could decide as soon as next week.

The court ruled that disputes over key facts remained unresolved and should not be decided ahead of the trial, which is set for August 24.

Two-time RESO Chair Rebecca Jensen, who is also CEO of MRED, will remain a board member when her term ends. Plus, Sunny Lake Hahn to head IR at Luxury Presence.

The company known for its vehicle valuations is entering the residential real estate space with a goal of providing “a tailored strategy to achieve full price.”

The National Association of Realtors is using AI to crack down on trademark violations. But rebuilding the brand means raising the bar, not protecting a word.

At the Zillow vs. MRED/Compass preliminary injunction hearing, a judge listened to three irreconcilable theories. His ruling could have lasting consequences.

Execs from Zillow, Compass and MRED testified in Chicago on Wednesday in a hearing that could have implications for how listing rules can be enforced.