IndustryMark your calendars: 3 key dates for the industry and the DOJSeveral commissions-related milestones are coming up, starting with the NAR settlement opt-in deadline in less than two weeks.Dave GallagherJune 6, 2024
By the NumbersSquare footage has gotten awfully expensiveA new report from Realtor.com reveals a massive increase in price per square foot over the past five years.Stephanie Reid-SimonsJune 5, 2024
IndustryOfferpad flips the script by offering agents listings, not buyersCEO Brian Bair discusses the iBuyer’s push to expand agent programs and its strategy for success in a post-settlement future.AJ LaTraceJune 5, 2024
IndustryPeople on the Move: RE/MAX shakeup continues as COO steps downSerene Smith had been chief operating officer since 2017, a position RE/MAX will now sunset. The company has also hired an EVP for HR and administration.Real Estate News StaffJune 4, 2024
MLS/AssnThe best medicine for MLS ‘disruption’? Info, says Unlock CEOThe Austin-based MLS will roll out mandatory changes a few days early to help its members “own the moment” in August and beyond.Dave GallagherJune 4, 2024
By the NumbersHousing affordability is a top election issue for young voters91% of Gen Zers in a recent survey said the cost of housing will play into who they vote for in November’s presidential election.AJ LaTraceJune 4, 2024
TechTech Bytes: News from KW, HAR, Realcomp MLSKeller Williams launches AI assistant; Houston Association of Realtors partners with RentSpree; Detroit's Realcomp MLS adds Lundy voice tech.Real Estate News StaffJune 3, 2024
TechLongtime CEO steps down at MoxiWorksYork Baur will remain on the board of directors, while Eric Elfman, a tech leader from outside the real estate industry, moves into the top role.Stephanie Reid-SimonsJune 3, 2024
IndustryCommission-sharing sites are cropping up — will they last?MLSs will no longer display offers of compensation, but some online startups say they have workarounds that comply with new rules. The DOJ may disagree. AJ LaTraceJune 3, 2024
AgentsAgents Decoded: Escalation clauses are not a magic bulletA practice that became common when the market heated up may have run its course, observes veteran broker Phil Faranda.J. Philip FarandaJune 1, 2024
BrokeragesBrokerage Beat: News from Century 21, The AgencyIndiana's top C21 franchise appoints new VP of marketing; The Agency expands globally with new offices in Quebec and Portugal.Real Estate News StaffJune 1, 2024
IndustryHomebuyer files appeal challenging Sitzer/Burnett settlementsA plaintiff involved in the Batton cases filed a brief with the U.S. Court of Appeals on Friday related to the Anywhere, RE/MAX and KW settlements.Dave GallagherMay 31, 2024
Tech3 ways to recharge your website before the market bounces backT3 Sixty’s technology consultants share their findings about the importance of speed, design and functionality for brokerage sites.Dave GallagherMay 31, 2024
By the NumbersMore sellers are cutting prices as home sales slowThe share of homes with price drops reached an 18-month high as sellers try to jumpstart buyer interest in stale listings, Redfin reported.Amie FisherMay 31, 2024
By the NumbersPending home sales slump as mortgage rates riseAfter dipping below 7% last week, interest rates ticked back up, while pending sales hit a four-year low.AJ LaTraceMay 30, 2024
MLS/AssnBright MLS to offer expanded concessions fieldStarting in June, the field will include an option for payment of buyer agent fees, and updates coming in August will give sellers more flexibility.Dave GallagherMay 30, 2024
Industry'Unfiltered': NAR is sending the wrong messageWatch the conversation with marketing pro Brian Boero as he imagines how NAR and the industry could — and should — be communicating with agents and consumers.Real Estate News StaffMay 30, 2024
IndustryPeople on the Move: Fathom, EXIT add to their C-suitesFinancial services exec Jon Gwin named COO of Fathom Holdings; longtime EXIT Realty SVP Susan Harrison promoted to CIO role.Real Estate News StaffMay 29, 2024
BrokeragesGlenn Sanford and eXp dismissed from misconduct caseRecruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.AJ LaTraceMay 28, 2024
MLS/AssnNorthwest MLS will not join NAR settlementThe organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.Dave GallagherMay 28, 2024