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
BrokeragesAnywhere CEO: ‘Our industry needs more leadership’Ryan Schneider tells Real Estate News that being the “first mover and the fastest learner” helped the brokerage prepare its agents for the changes ahead.AJ LaTraceAugust 14, 2024
Industry‘Unfiltered’: The ‘path to normal’ (and 5% rates) does existWatch the conversation with Zillow’s chief economist as she shares interest rate predictions and how we can get back to “the stable promise” of homeownership.Real Estate News StaffAugust 13, 2024
BrokeragesGary Keller on winning in a market that’s ‘as bad as it gets’The Keller Williams co-founder told a crowd of the faithful that he sees a soft landing for the economy and success for agents who are "ready to jump" in 2025.Dave GallagherAugust 13, 2024
IndustryMichigan agents sue NAR over mandatory membership ruleThe plaintiffs say they shouldn’t have to join NAR and other associations to access the MLS, especially if buyer-broker compensation is no longer guaranteed.Dave GallagherAugust 12, 2024
IndustryDon’t offer buy-side compensation upfront, consumer group saysA real estate watchdog supplemented recent recommendations from the Consumer Federation of America with additional do’s and don’ts for buyers and sellers.AJ LaTraceAugust 12, 2024
AgentsAugust 17 is about more than just industry rule changesSaturday is the first day consumers can get details about their settlement options — and is a critical day for agents who want to be covered by NAR’s deal.Stephanie Reid-SimonsAugust 12, 2024
MLS/AssnMore agents joining NAR ahead of settlement deadlineDespite market headwinds and uncertainty around practice changes, NAR membership has remained resilient, with big gains in Washington state.AJ LaTraceAugust 12, 2024
AgentsHow 2 agents took white-glove service to a higher levelFor some agents, going above and beyond is just part of the territory — and can be the key to closing the deal.Melanie KalmarAugust 10, 2024
BrokeragesBrokerage Beat: News from Jack Conway, Christie's, Corcoran, moreMassachusetts indie acquires South Shore firm; Christie's Real Estate adds Trusts & Estates arm; Corcoran grows in NC; Real, The Agency gain high-value teams.Real Estate News StaffUpdated August 12, 2024
BrokeragesAs revenue falls, is it time for RE/MAX to rethink its model?Agent count has also continued to decline, and CEO Erik Carlson said they are looking at all aspects of their business in preparation for an industry rebound.Dave GallagherAugust 9, 2024
TechTech Bytes: Offerpad launches agent portal, Rechat gains partner"Powered by Offerpad" supports the iBuyer's agent partners; Peerage gets Rechat tools; Audience Town adds builder analytics; Rexdat offers listings platform.Real Estate News StaffAugust 9, 2024
BrokeragesHomeServices' $250 million settlement moves forwardPreliminary approval of the deal was granted on Aug. 8, with a final hearing set for Nov. 26. Plus, Batton 2 plaintiffs respond to motions to dismiss.Dave GallagherAugust 8, 2024
Industry'Unfiltered': Real estate missing ‘collective leadership’Watch the conversation with industry icon Stefan Swanepoel on the “self-centered, arrogant” leaders in real estate, NAR’s missteps and opportunities ahead.Real Estate News StaffAugust 8, 2024
IndustryPeople on the Move: C.A.R. names a new CEOPhil Hawkins joins the association following 9 years as CEO of a local California Realtor association, says he is "ready to seize opportunities that lie ahead."Real Estate News StaffAugust 8, 2024
By the NumbersMortgage rates tumble, but where are the buyers?The 30-year mortgage fell to its lowest level since May 2023, which “should begin to pique their interest in making a move” — but buyers might not be ready.Dave GallagherAugust 8, 2024