IndustryMen, it's time to do betterSexism isn't just a societal problem, it's a real estate industry problem. And if anything is going to change, men will have to step up — and speak up.Jay ThompsonSeptember 19, 2023
MLS/Assn'Day of action' brings calls for change to NAR’s doorstepThe NAR Accountability Project and its allies laid out their four-point plan during an event outside the organization’s Chicago headquarters on Monday.Dave GallagherSeptember 18, 2023
TechCompass aims to save agents 'time and money' with AI toolThe brokerage has launched a new ChatGPT-based tool to help agents “accelerate their workflow” by crafting listing descriptions and more. AJ LaTraceSeptember 18, 2023
BrokeragesRE/MAX makes $55 million deal to settle commission lawsuitsThe settlement agreement leaves NAR, HomeServices of America and Keller Williams as defendants with an Oct. 16 trial date looming.Dave GallagherUpdated September 18, 2023
AgentsBuy Side: Seller-paid commissions are a ‘win-win’Marcos Martinez loves helping clients find their dream home, but worries the relationship will get more transactional if buyers are forced to pay commissions.Cheryl Reid-SimonsSeptember 17, 2023
MLS/AssnIn Focus: The biggest challenge for agents and brokers? Too many MLSsFMLS President and CEO Jeremy Crawford believes cooperation and consolidation are key to a healthy and efficient MLS network: “We are all better together.”Amie FisherSeptember 16, 2023
BrokeragesBrokerage Beat: CB gains influencer; E&V, The Agency expand in the West; moreColdwell Banker nabs LA agent with massive social presence; TTR Sotheby's, BHHS Chicago, CB Warburg add agents; RE/MAX gains indie; more.Real Estate News StaffSeptember 16, 2023
By the NumbersAs mortgage rates rise, so does buyer’s remorseCanceled deals impacted nearly 16% of homes under contract in August as elevated interest rates and home prices led to sticker shock for some buyers.Dave GallagherSeptember 15, 2023
MLS/AssnMLS-owned search platform adds South Florida listingsNestfully, a consumer home search site launched earlier this year by the country's two largest MLSs, expands coverage with new listings.Dave GallagherSeptember 15, 2023
BrokeragesEngel & Völkers names new Group CEOCurrent CEO Sven Odia will shift to the role of president as he supports Jawed Barna's transition in November. AJ LaTraceSeptember 15, 2023
BrokeragesWhy Real’s president says they don’t do ‘downlines’They've structured the brokerage to avoid silos, which makes Real's rev share model better for agents and teams, says Sharran Srivatsaa.AJ LaTraceSeptember 15, 2023
IndustryA startup wants to cut mortgage rates in half for new buyersRoam, launched this week by a former Opendoor employee, aims to help buyers through the complicated and time-consuming mortgage assumption process.AJ LaTraceSeptember 14, 2023
IndustryZillow Gone Wild goes HGTVThe Instagram fave will become a “property event series” on HGTV in 2024, plus The Agency founder Mauricio Umansky will join Dancing with the Stars.Stephanie Reid-SimonsSeptember 14, 2023
By the NumbersA fall reprieve unlikely as mortgage rates inch upWith inflation proving tough to tame, 7% mortgages may be the norm for a while.Dave GallagherSeptember 14, 2023
By the NumbersWhat’s turning homeowners into sellers? Getting back to the officeA new Redfin survey found that a significant number of people who moved during the pandemic may need to move back, even if they lose money.Dave GallagherSeptember 13, 2023
By the NumbersWhat do today’s inflation numbers mean for mortgage rates?Some called the latest report “disappointing,” but economists still expect a downward trend in the months ahead.Dave GallagherSeptember 13, 2023
IndustryIndustry Decoded: Why conferences are more valuable than everT3 Sixty CEO Jack Miller understands that budgets are tight, but investing in a conference is an investment in your business — if you're committed to learning.Jack MillerSeptember 13, 2023
TechNew tool aims to help agents win leads, sell listingsRealtor.com's newly launched Listing Toolkit is designed to get listing agents in front of more sellers and uplevel their listing presentations.Dave GallagherSeptember 13, 2023
By the NumbersSome good news for homebuyers: Listings are upA Zillow report found that new listings rose by 4% in August, an atypical late-summer boost that may offer buyers a few fresh options.AJ LaTraceSeptember 12, 2023
TechBright MLS teams up with Collabra for digital marketingThe MLS's 100,000+ subscribers will gain access to integrated advertising and social media tools to boost their online presence.Cheryl Reid-SimonsSeptember 12, 2023