Industry News

An update to FTC rules could impact a broad range of real estate professionals — with stiff fines for noncompliance.

The Consumer Financial Protection Bureau fined Freedom Mortgage $1.75 million and Realty Connect $200,000 for providing illegal incentives for loan referrals.

The law, which took effect July 1, prohibits “foreign principals” from a number of countries from buying real estate in Florida.

Tom Hurdelbrink will step down in December, with NWMLS general counsel Justin Haag moving into the top spot.

A judge has ruled an antitrust claim was without merit, a key component in a federal case involving how portals display non-MLS real estate listings.

New rules intended to prevent laundering money through luxury real estate could increase costs and extend transaction times for agents and brokers.

When the case goes to trial next month, NAR policies on IDX feeds — which Zillow began using in 2021 — could be put to the test.

A more ‘judicious’ and partner-focused Opendoor will help the company succeed in the wake of significant losses and layoffs.

A new analysis of federal data found that the racial home appraisal gap has narrowed since the formation of the PAVE task force.

The top iBuyer hopes scaling home purchases, improving margins and leveraging partnerships will continue fueling its return to positive net income.

The Eighth Circuit Court of Appeals upheld a ruling denying HSoA’s motion to force arbitration in the Sitzer/Burnett case, scheduled for trial in October.

Overall revenue was up from Q1 and slightly higher year-over-year, but net losses continued to mount.

The iBuyer reduced losses and acquired more homes over Q1, but sales and revenue dipped significantly.

OJO promotes former KW CEO Chris Heller and Jerimiah Taylor to top roles; @properties elevates Branden Lopez to general counsel.

The two former rivals and popular home-search sites extend their connection beyond 3D Home, with Redfin calling Zillow listings “a new revenue opportunity.”

The system of sellers funding commissions, which are then shared between seller and buyer agents, goes back more than 100 years. Is it time for a change?

The property management platform RentSpree is seeing an uptick in real estate agent customers as for-sale inventory remains limited.

The commercial and residential real estate giant continues to grow revenue and income while also investing in Homes.com.

The defendants in several major lawsuits have not gained any ground this summer as the first case moves toward trial in less than 3 months.

Livian, the KW-affiliated teams platform, names a new president; longtime Century 21 exec moves to eXp.