Industry News

CEO Andy Florance said Homes.com sold $4.5 million worth of new subscriptions to residential real estate agents in the first week after the Super Bowl.

CEO Greg Schwartz says Tomo will stand out by offering “negotiation insights,” which include personal information about home sellers.

The newest statement from the Department of Justice focuses on one MLS settlement in a specific case but could be a blueprint for the industry as a whole.

A total of 22 defendants are named, including NAR, local and national brokerages, and several associations and MLSs.

A statement of interest filed late Thursday by the Department of Justice savages the proposed MLS PIN settlement, and calls out MLSs for limiting competition.

The leading iBuyer lost $275 million in 2023, but that was less than a fifth of 2022 losses. Now the focus is “sustainable” growth of the business.

CEO Rich Barton was bullish despite the challenging housing market, predicting double-digit revenue growth this year during a Feb. 13 earnings call.

While still posting a net loss, the company reported higher-than-expected revenue from its residential and rental businesses as Premier Agent held steady.

Rudy Wolfs joins Anywhere as CTO while Melissa McSherry announces plans to leave COO role; Nicole Booth joins Zillow's government relations team.

Frank Malpica to lead franchise development at ERA; Joseph Lenz joins Anywhere board; Bryan Hutchinson takes on CEO role at OAR; Justin Landon to helm MetroTex.

Superstars and stragglers might catch your attention, but agents in the middle — the slow-and-steady crowd — can supercharge your business, with some guidance.

Homes.com will run three new ads during the big event while Opendoor will livestream a real homeowner doing a virtual walkthrough during halftime.

Appeals court sides with two of the four people suing the state of Florida along with an Orlando-based brokerage, with a final ruling expected soon.

CoStar’s residential business has managed to avoid the antitrust cases rocking the industry, but it’s a different story on the commercial side.

Hale announces his retirement after more than 50 years with the organization. Plus, Scott Mitchelson joins Corcoran as growth leader; Josh Team joins SERHANT.

NAR says ThePLS.com, which sued the association and three major MLSs, is dismissing the case. But the door is open for it to refile this year.

CRMLS, Bright MLS and MRED have reached an agreement with ThePLS.com over Clear Cooperation rules, leaving NAR as the only remaining defendant.

The lawsuits, known as Batton 1 and Batton 2, may soon be combined, with both moving forward under Judge Andrea Wood.

The best way to protect consumers and raise the bar for the entire industry? Require buyer agency agreements across the board.

The trade association favors a consolidated approach but wants all 19 cases included — and doesn’t think the trial should be held in Missouri.