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The jobs report was the biggest surprise, and it had an immediate impact on mortgage rates. Meanwhile, inventory continues to build.

MLS platform Perchwell to focus on AI; Planitar’s floorplan tool iGUIDE integrating with FBS’ FlexMLS platform; Lofty adds property management system.

Watch the conversation as NextHome execs James Dwiggins and Keith Robinson share their experience with commissions lawsuits and what they think of workarounds.

A noteworthy United Real Estate merger in Dallas; Windermere appoints a new economist; Engel & Völkers agents get access to new design tools.

Redfin reports that the typical commission for buyer agents slipped to 2.55% ahead of the August 17 deadline for rule changes related to the NAR settlement.

Move Inc. lawyers said that a former employee who went to work for CoStar accessed Realtor.com’s proprietary document containing future plans for articles.

Members of ARMLS and Metro MLS will be able to choose between ShowingTime and Aligned Showings after resolution of a lawsuit filed by Zillow in December.

It’s early, the iBuyer’s CEO says, but Opendoor has seen “10-15 basis points of pressure” on commission rates. “Not a huge amount, but decidedly different.”

A $20 million payment on its commissions litigation settlement takes a bite out of cash flow but cost-cutting efforts yield $30 million in savings.

More than 25,000 consumers paid Zurixx for coaching endorsed by TV real estate reality-show stars in a case officials hope “is a warning to others.”

The company said its contract — which will be available in 24 states — was designed to “help agents navigate new requirements” related to the NAR settlement.

eXp showed growth in revenue and transactions as execs pitched the company’s value prop ahead of August 17 rules changes mandated by the NAR settlement.

Many homebuyers are waiting to see who the next president will be before continuing their home search, but it’s really the Fed that they should be watching.

The association has shared a series of fact sheets and presentations to help real estate professionals and their clients understand what to expect come Aug. 17.

The brokerage also reported double-digit growth in transactions and agent count, in part due to significant acquisitions this spring.

As expected, the Fed held steady on rates today, but signaled the possibility of cuts in September. That might not mean big drops in mortgage rates, however.

While still sluggish, it’s a sign that demand is lurking, and sales “would have been even higher” if buyers weren’t waiting for mortgage rates to drop.

The Consumer Federation of America has shared criteria to “assist regulators … and the industry itself in evaluating the fairness of new seller contracts.”

The Houston Association of Realtors formed a data share partnership with the largest Latin American MLS, giving members access to listings across 22 countries.

The organization added a concessions field in May that allowed listing agents to specify an amount or percentage — but opted to remove those options this week.