By the NumbersThe fall housing rally may have come and goneSeptember’s low rates gave pending sales a boost, but as mortgage rates climb for a fifth straight week, enthusiasm is expected to wane.Dave GallagherOctober 31, 2024
BrokeragesJudge approves brokerage settlements totaling $110 millionDefendants including Compass, Redfin and seven other large firms can now move on from litigation in the sell-side commissions cases.Dave GallagherOctober 31, 2024
AgentsWhat’s spookier, ghosts or mold? Owners and buyers weigh inIn the “spirit” of Halloween, a new survey finds that many people would settle for a haunted house over one with maintenance issues or political neighbors.Dave GallagherOctober 31, 2024
BrokeragesRise in transactions, agents drives strong Q3 for CompassRevenue was also up, and CEO Robert Reffkin said top agents have been able to increase commissions “since they are now able to negotiate for themselves again.”Dave GallagherOctober 30, 2024
IndustryA spate of objections to NAR, HomeServices settlementsWith less than a month until the deals are finalized, objectors are making claims of insufficient damages, harm to minorities, lack of accountability and more.Dave GallagherOctober 30, 2024
IndustryCoStar scores a win, but Move has another playA federal judge granted CoStar’s request to dismiss two claims from the Realtor.com trade secrets case, but Move plans to proceed with an amended complaint.AJ LaTraceOctober 30, 2024
IndustryNew startup looks to level the playing field for coachesThe goal of The Helm, founded and advised by notable real estate leaders, is to help more women become coaches without sacrificing business success.Stephanie Reid-SimonsOctober 30, 2024
BrokerageseXp rolling out rev share changesThe company is responding to “a critical time for agents,” said founder Glenn Sanford. New incentives will take effect Nov. 1.Stephanie Reid-SimonsOctober 29, 2024
AgentsAgents see a brighter sales outlook aheadTwo new surveys point to increasing optimism despite mortgage rate and election uncertainty, a sign that post-settlement anxiety could be waning.AJ LaTraceOctober 29, 2024
IndustryNAR settlement doesn’t pass the ‘real world’ testA law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.Dave GallagherOctober 29, 2024
By the NumbersReal estate in for a fright as mortgage rates return to 7%The latest numbers suggest that, for the third consecutive fall season, rates will crest that dreaded threshold.Dave GallagherOctober 28, 2024
BrokeragesDouglas Elliman fires brokerage CEOScott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.AJ LaTraceOctober 28, 2024
IndustryNAR board punts decision on Clear CooperationThe Leadership Team will now take up the issue, with "no specific date" for resolution. Meanwhile, CMLS calls a hasty repeal of CCP "reckless and unnecessary."Stephanie Reid-SimonsOctober 28, 2024
TechTech Bytes: MetroList adds voice-powered listing management + more newsConversational add/edit feature hailed as an MLS first; RateMyAgent to acquire Curated Social; Final Offer expands in the Northeast; Relevate inks partnerships.Real Estate News StaffOctober 27, 2024
BrokeragesBrokerage Beat: News from C21, Christie's Real Estate, KW, moreWoman-owned indie joins Century 21 in Virginia; Christie's expands to Western and South Australia; KW launches in Guatemala; CB Warburg adds agents.Real Estate News StaffOctober 26, 2024
Industry‘Unfiltered’: It’s time to make big moves — not ‘cry and whine’Watch the conversation with consultant Jack Miller as he discusses The Opportunity Report, which delves into agent pay, NAR policies, the role of MLSs and more.Amie FisherOctober 26, 2024
BrokeragesIn the courts: What’s new, and what’s nextThere's more than $110 million at stake in a nine-brokerage commissions settlement hearing next week, while eXp has come under fire for its recent deal.Dave GallagherOctober 26, 2024
BrokeragesPeople on the Move at Premier Sotheby's, Coldwell BankerLong & Foster exec named president of Florida's Premier Sotheby's International Realty; veteran brokerage leader now Atlanta regional VP for Coldwell Banker. Real Estate News StaffOctober 25, 2024
TechReal Brokerage bolsters agent financial tools, AI-powered techThe company announced a number of product updates this week, including the release of its much-anticipated Real Wallet and enhancements to its Leo AI assistant.AJ LaTraceOctober 25, 2024
Agents10 questions every agent should be able to answerNAR’s latest consumer guide tells buyers exactly what to ask a prospective agent. Agents should be prepared with compelling responses that play up their value.Amie FisherOctober 25, 2024