Industry News

“We fought as hard as we could,” said Kevin Sears this week when speaking about the settlement, its impact, and the need to change the media narrative.

A T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.

In a conversation with Real Estate News, Dr. Courtney Johnson Rose of NAREB discussed the pros and cons of the recent settlement and upcoming rule changes.

At the T3 Leadership Summit, Rich Barton discussed what’s in store for Zillow and the industry — and encouraged the audience to “resist the urge to chaos.”

The court approved an April 19 request filed by the Gibson and Umpa plaintiffs to merge the lawsuits, which were both under the purview of Judge Stephen Bough.

Homes.com subscription sales to agents are the biggest product launch in CoStar history, said CEO Andy Florance, as the company pursues portal dominance.

Real estate has gone through massive changes over the past 50 years, says industry icon Stefan Swanepoel, but it’s time to focus on the future.

John Sebree is leaving the California Association of Realtors, while Wendy Forsythe will move into the role of CMO at eXp.

A hearing for final approval is scheduled for Nov. 26. The court filing also included information about who is covered in the nationwide class action.

Sitzer/Burnett plaintiffs filed preliminary approval docs on Friday, triggering a countdown to opt in to the agreement process outlined by NAR and the courts.

The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.

Drussy Hernandez said the move was necessary due to “external professional obligations.” CAR president-elect Erika Villegas will take over the role on May 15.

After encouraging reports from 2022, new data shows the appraisal gap continued to shrink throughout much of the U.S. in 2023.

This week, Zillow CEO Rich Barton praised Realtor.com CEO Damian Eales’ latest push to educate homebuyers about changes coming to the industry.

Two U.S. senators are pushing for policy changes that would reduce “exclusionary” zoning regulations and promote local development.

PulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.

The federal finance giants clarified their policies, confirming that buyer agent compensation won't be applied to concession limits.

During a livestream presentation, Bright MLS’s chief economist highlighted some of the most misunderstood topics or mistaken beliefs about real estate.

The ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.

Attorneys argued that the home sellers “should not have to wait indefinitely to defend their verdict on appeal” and provided details about the case’s timeline.