BrokerageseXp rolling out rev share changesThe company is responding to “a critical time for agents,” said founder Glenn Sanford. New incentives will take effect Nov. 1.Stephanie Reid-SimonsOctober 29, 2024
AgentsAgents see a brighter sales outlook aheadTwo new surveys point to increasing optimism despite mortgage rate and election uncertainty, a sign that post-settlement anxiety could be waning.AJ LaTraceOctober 29, 2024
IndustryNAR settlement doesn’t pass the ‘real world’ testA law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.Dave GallagherOctober 29, 2024
By the NumbersReal estate in for a fright as mortgage rates return to 7%The latest numbers suggest that, for the third consecutive fall season, rates will crest that dreaded threshold.Dave GallagherOctober 28, 2024
BrokeragesDouglas Elliman fires brokerage CEOScott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.AJ LaTraceOctober 28, 2024
IndustryNAR board punts decision on Clear CooperationThe Leadership Team will now take up the issue, with "no specific date" for resolution. Meanwhile, CMLS calls a hasty repeal of CCP "reckless and unnecessary."Stephanie Reid-SimonsOctober 28, 2024
TechTech Bytes: MetroList adds voice-powered listing management + more newsConversational add/edit feature hailed as an MLS first; RateMyAgent to acquire Curated Social; Final Offer expands in the Northeast; Relevate inks partnerships.Real Estate News StaffOctober 27, 2024
BrokeragesBrokerage Beat: News from C21, Christie's Real Estate, KW, moreWoman-owned indie joins Century 21 in Virginia; Christie's expands to Western and South Australia; KW launches in Guatemala; CB Warburg adds agents.Real Estate News StaffOctober 26, 2024
Industry‘Unfiltered’: It’s time to make big moves — not ‘cry and whine’Watch the conversation with consultant Jack Miller as he discusses The Opportunity Report, which delves into agent pay, NAR policies, the role of MLSs and more.Amie FisherOctober 26, 2024
BrokeragesIn the courts: What’s new, and what’s nextThere's more than $110 million at stake in a nine-brokerage commissions settlement hearing next week, while eXp has come under fire for its recent deal.Dave GallagherOctober 26, 2024
BrokeragesPeople on the Move at Premier Sotheby's, Coldwell BankerLong & Foster exec named president of Florida's Premier Sotheby's International Realty; veteran brokerage leader now Atlanta regional VP for Coldwell Banker. Real Estate News StaffOctober 25, 2024
TechReal Brokerage bolsters agent financial tools, AI-powered techThe company announced a number of product updates this week, including the release of its much-anticipated Real Wallet and enhancements to its Leo AI assistant.AJ LaTraceOctober 25, 2024
Agents10 questions every agent should be able to answerNAR’s latest consumer guide tells buyers exactly what to ask a prospective agent. Agents should be prepared with compelling responses that play up their value.Amie FisherOctober 25, 2024
IndustryClear Cooperation moves closer to its futureAn MLS advisory board within the National Association of Realtors is continuing its “robust” discussion of the divisive policy. Here’s what could come next.Stephanie Reid-SimonsOctober 24, 2024
By the NumbersNew home sales take off; market remains grounded overallSeptember’s lower mortgage rates may have given a boost to the new construction sector, but buyer enthusiasm could be waning as rates climb back up. Dave GallagherOctober 24, 2024
By the NumbersA disappointing September pushes home sales to 14-year lowLower mortgage rates and rising inventory failed to entice buyers, particularly first-timers, as prices continued their year-over-year climb.Dave GallagherOctober 23, 2024
BrokeragesDouglas Elliman CEO resigns as company faces multiple challengesLongtime CEO Howard Lorber announced his retirement from the company as board member and entrepreneur Michael Liebowitz takes over the top spot.AJ LaTraceOctober 23, 2024
IndustryReal estate’s moment of opportunityFrom agent pay to association changes, a new report identifies 20 ways the industry can improve itself — and help homebuyers and sellers in the process.Stephanie Reid-SimonsOctober 23, 2024
IndustryCoStar continues to grow, but not without some painRevenue was up 11%, and the company plans to accelerate the growth of the Homes.com sales team despite some slowdown in traffic from the previous quarter.Dave GallagherOctober 22, 2024
TechTop portals forge new partnership with enhanced listingsZillow will share 3D Home tours, interactive floor plans and other listing features with Realtor.com beginning in 2025, part of a larger focus on collaboration.Dave GallagherOctober 22, 2024