More News

The plaintiff said KW agents sent multiple unwanted texts despite his number being on the Do Not Call Registry. KW settled a similar lawsuit for $40M in 2023.

Affordability is the main factor driving buyers to search for homes outside the metro where they already live, according to two new reports from Realtor.com.

Many agents will lower their commission when asked, but sellers are still largely in the dark about how the process works and what they’re required to pay.

Both tools target a common challenge for agents. Plus, Land id adds senior execs; a new look for RealReports; Constellation1 unveils seller lead product; more.

The MLSs’ combined 72,000 subscribers will now have access to listings across Georgia, Illinois and Missouri. Plus, Bluegrass and Imagine MLS appoint a new CEO.

Prices of new homes continued to fall in July as consumer demand remained weak, with Census Bureau data showing a 10.5% month-over-month drop in sales.

An antitrust complaint filed against the brokerage giant last week has been amended to include a new claim and a new start period for the class.

The cloud-based brokerage has officially closed its $880M deal to buy the major franchisor as the industry’s consolidation wave accelerates.

It takes about 15 years to save for a down payment and benefit financially from buying vs. renting, up from 11 years in 2019, according to a recent report.

Older professionals often bring experience that translates directly to a career as an agent, giving them a head start as they learn industry-specific skills.

Redfin can keep receiving syndicated rental listings from Zillow but will restart its own rental listings business by 2027. And Zillow has agreed to help.

The American Real Estate Association doesn’t see NAR as a “rival,” but it aspires to be an organization that can “elevate the industry,” Jason Haber said.

New Englander Real Estate is now operating in Beantown. Plus, Success Realty Experts joins ERA; Christie’s opens in Abu Dhabi; Portside adds new agent in Maine.

At a trial now pushed to October, eXp World Holdings and its CEO will not face liability claims tied to former agents accused of sex trafficking and assault.

The acquisition, which shareholders voted to advance on Aug. 14, could close as soon as Aug. 24, with several C-suite positions revealed in recent SEC filings.

The $800M acquisition gives CoStar Group a foothold in the new home construction sector, adding established B2B and consumer marketplaces to its portfolio.

The trial, which is scheduled to begin on Aug. 24, is about whether a Zillow-Redfin rental listings syndication deal is pro-consumer or violates antitrust laws.

The antitrust lawsuit claims that the brokerage’s outsized market share in the city and its push to remove listings from portals has caused rents to surge.

REcore Workspace serves as a central hub for agent workflow management. Plus, Realtor.com integrates Opendoor offers; ATTOM adds AI agents; Knock enters Texas.

While rates dipped slightly this week, bond market volatility could mean a bumpy road ahead, and Fannie Mae is now forecasting rates at 6.8% by year-end.