By the NumbersBuy a house before this election? First-timers vote noNearly a quarter of first-time buyers may wait even longer, to see if down payment help or other candidate promises materialize in 2025, a Redfin survey found.Dave GallagherOctober 15, 2024
IndustryDOJ weighs in on ‘super hot’ topic of data sharingA new statement from the agency suggests that when information is shared only among competitors — like trade group members — it sets off antitrust alarm bells.Stephanie Reid-SimonsOctober 15, 2024
Tech3D-printed houses are selling on Earth; next stop, the moon?“People are buying” — and living in — these futuristic homes, with dozens sold at a community in Texas, and more widespread adoption expected in five years.Stephanie Reid-SimonsOctober 15, 2024
AgentsWhat NAR wants consumers to know about fair housingEveryone involved in a transaction must steer clear of discriminatory practices, says NAR, warning sellers not to direct their agents to avoid certain buyers.Amie FisherOctober 14, 2024
AgentsUp for negotiation: Commission feesMore than half of recent sellers say they negotiated with their agent to lower the commission, according to new survey data from Zillow.Dave GallagherOctober 14, 2024
AgentsBigger teams spend more — but their agents make moreA joint research effort revealed what the typical team looks like and how teams allocate their resources toward lead gen and referrals.AJ LaTraceOctober 12, 2024
BrokeragesBrokerage Beat: New additions at eXp, Real, Coldwell Banker; The Agency expandsBoutique Central Valley team moves to eXp; 55-agent Minnesota group joins Real; Coldwell Banker nabs Upstate NY indie; The Agency opens fourth Florida office.Real Estate News StaffOctober 12, 2024
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IndustryCourts this week: Motions filed in Gibson, Homie; eXp updateDefendants seek dismissals in the Missouri case; leading Utah MLS dropped from lawsuit involving flat-fee brokerage; eXp files settlement.Dave GallagherOctober 11, 2024
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IndustryYour guide to the latestKeep track of all the cases and their status with our handy lawsuit cheat sheet.
TechTech Bytes: AI powers new tools from Zillow, CubiCasa, CoreLogic Zillow acquires virtual staging app; CubiCasa now turning floor plans into virtual tours; new CoreLogic platform integrates data; Propy and Inspectify team up.Real Estate News StaffOctober 11, 2024
MLS/AssnLocal association pauses Clear Cooperation — will others follow?A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.AJ LaTraceOctober 11, 2024
MLS/AssnWhat is the value of MLSs and associations post-settlement?A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.AJ LaTraceOctober 11, 2024
By the NumbersHigher rates, lower inflation: Mixed news creates uncertaintyBuyers are left wondering if they should wait for rates to fall again, as some economists expect, or act now “and worry about rates secondly.”Dave GallagherOctober 10, 2024
MLS/AssnNAR appeals to Supreme Court in DOJ battleThe trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.Dave GallagherOctober 10, 2024
AgentsHow buyers have (and haven’t) changed in recent yearsZillow’s latest trends report finds that, despite turbulence in the market, consumer traits and preferences are fairly stable — with some key exceptions.Dave GallagherOctober 9, 2024
IndustryThe recipe for fixing Clear Cooperation — and avoiding chaosIn the second of a 2-part series, NextHome CEO James Dwiggins warns of a greed-driven future if the CCP is eliminated, and shares a proposal for revising it. James DwigginsOctober 9, 2024
IndustryZillow stands firm on opposition to private listing networksPresident Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.AJ LaTraceOctober 9, 2024
MLS/AssnMLS Milestones: Data shares in Texas, plus a new buyer agreement toolThree major Texas MLSs — Unlock, HAR and SABOR — agree to share data; REcore unveils new compliance product for buyer agents; Stellar subsidiary goes global.Real Estate News StaffOctober 8, 2024
BrokeragesHoward Hanna dismissed from Pennsylvania commissions caseWest Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.Dave GallagherOctober 8, 2024