IndustryGibson attorneys seek one-third of the settlement potIn a court filing, lawyers called the nearly $37 million request “reasonable” and “appropriate” based on the risk and hours involved.Dave GallagherAugust 21, 2024
MLS/AssnThe story behind the ‘hard line’ of MLS fines“We have to protect our brokers and agents” from the risks of violating the NAR deal to settle commissions lawsuits, said Merri Jo Cowen, CEO of Stellar MLS.Stephanie Reid-SimonsAugust 21, 2024
By the NumbersGo (Mid)West — and East — for the hottest housing marketsA suburb of Columbus, OH, once again tops Realtor.com’s ranking of the most wanted ZIP codes. Massachusetts, meanwhile, has three spots in the top 10.Stephanie Reid-SimonsAugust 20, 2024
Industry‘Unfiltered’: ‘Take the duct tape off’ and let leaders leadWatch the conversation with real estate media maverick Brad Inman as he shares his thoughts on NAR, transparency and the state of the industry.Real Estate News StaffAugust 20, 2024
By the NumbersHousing Market Decoded: Is prime shopping season about to hit?The pendulum is swinging in buyers' favor this fall. See which three trends could finally give them some leverage. Jeff TuckerAugust 20, 2024
IndustryReal estate stocks jump as new rules go into effectRedfin and iBuyer companies had the biggest gains in a rally following the Aug. 17 deadline for practice changes. Dave GallagherAugust 19, 2024
MLS/AssnUpstart association ready to collect dues, lays out road map“We have to act as an industry. We have to do something,” Jason Haber, co-founder of the American Real Estate Association, told Real Estate News.AJ LaTraceAugust 19, 2024
TechTech Bytes: News from CoreLogic, Lofty, CubiCasaCoreLogic adds AI image search to consumer-agent collaboration portal; Lofty acquires Firepoint CRM; NextHome agents get access to CubiCasa's floor plan app. Real Estate News StaffAugust 19, 2024
MLS/AssnIt’s official: Nykia Wright named NAR CEOThe transformative newspaper exec moves into the permanent CEO role at the National Association of Realtors — the U.S.’s largest trade association — this week.AJ LaTraceAugust 19, 2024
BrokeragesThe path to becoming one of the top women in real estateBess Freedman, CEO of Brown Harris Stevens, embraced entrepreneurship and “took a U-turn” from law to become a leading force in the industry.Nicole BrodeurAugust 18, 2024
IndustryReal estate’s day of change is here: 3 things to knowImportant practice changes required by the NAR settlement take effect today, affecting buyer agent agreements and compensation. “We are in this together.”Stephanie Reid-SimonsAugust 17, 2024
BrokeragesBrokerage Beat: News from Realty ONE, Compass, Coldwell Banker, C21MVP Realty joins Realty ONE in Florida; Compass adds two top NYC agents; Coldwell Banker gains luxury Boca Raton agent; No. 1 C21 team moves to SoCal franchise.Real Estate News StaffUpdated August 17, 2024
IndustryHousing costs become top economic issue in presidential raceVP Kamala Harris announced a plan to provide thousands in down payment assistance and incentivize more construction at the local level.AJ LaTraceAugust 16, 2024
BrokeragesToughen up, and other key messages from KW leadersThis week’s Mega Agent Camp was part pep rally, part confidence booster during a time of change. “I don’t fear for real estate agents…the good ones will adapt.”Dave GallagherAugust 16, 2024
MLS/AssnShould more MLSs join forces, share data — or go it alone?Consolidation has slowed, and data sharing is on the rise. Some members fear more competition for listings, but for MLSs, it’s “an expansion-based opportunity.”Dave GallagherAugust 16, 2024
BrokeragesRedfin touts ‘very competitive’ buyer agent feesCEO Glenn Kelman laid out what changes consumers could expect when working with the company’s agents, but his message was light on fee details. AJ LaTraceAugust 15, 2024
Agents‘Buyer agency is not dead’ — but ‘the old way’ isIn a webinar for agents, Real’s president discussed rule changes and best practices, noting that more than a third of agents don’t even know about the lawsuits.AJ LaTraceAugust 15, 2024
By the NumbersHome tours, refis on the rise, but purchases remain tepidMortgage rates were relatively flat this week, remaining just under 6.5%, but buyers appear to be biding their time and waiting to see if rates fall further.Dave GallagherAugust 15, 2024
Industry‘We need to be debating from within,’ NAR CEO saysOn the Real Estate Insiders Unfiltered podcast, Nykia Wright pleaded with real estate pros to keep complaints in the family while pledging to earn their trust.Stephanie Reid-SimonsAugust 15, 2024
IndustryKeller and Florance on ‘phenomenal’ market share, Homes.com futureDuring Mega Agent Camp, CoStar CEO Andy Florance discussed KW's strong performance on the search portal and how CoStar got its “Death Star” nickname.Dave GallagherAugust 14, 2024