By the NumbersPending home sales see healthy bump after record lowsThe uptick in pending homes is a “promising” sign of life in a market that has been sidelined by low inventory and high home prices.AJ LaTraceJanuary 26, 2024
By the NumbersZillow retained its lead in Q4, Homes.com came in fourthTraffic data from Comscore showed Zillow with twice as many visitors as second-place Realtor.com, while Homes.com appeared to lose some ground.AJ LaTraceJanuary 26, 2024
IndustryMajor MLSs reach settlement in lawsuit over NAR policyCRMLS, Bright MLS and MRED have reached an agreement with ThePLS.com over Clear Cooperation rules, leaving NAR as the only remaining defendant.Stephanie Reid-SimonsJanuary 25, 2024
By the NumbersRates have stabilized — what does that mean for spring sales?A continued increase in mortgage applications suggests that more buyers are entering the market, but low supply could suppress activity.Dave GallagherJanuary 25, 2024
BrokeragesAnywhere CEO ‘wouldn’t trade positions’ with any leader mired in lawsuitsRyan Schneider spoke to Real Estate News about his company’s decision to settle in the commissions cases and his thoughts on NAR and the year ahead.AJ LaTraceJanuary 25, 2024
IndustryJudge likely to merge 2 Illinois commissions casesThe lawsuits, known as Batton 1 and Batton 2, may soon be combined, with both moving forward under Judge Andrea Wood.Dave GallagherJanuary 24, 2024
IndustryIndustry Decoded: It’s time for mandatory buyer agreementsThe best way to protect consumers and raise the bar for the entire industry? Require buyer agency agreements across the board.Russ CofanoJanuary 24, 2024
IndustryCourt should consolidate all commissions cases, argues NARThe trade association favors a consolidated approach but wants all 19 cases included — and doesn’t think the trial should be held in Missouri.Dave GallagherUpdated March 19, 2024
IndustryPeople on the Move at MARIS, real estate tech firmsCameron Paine takes on top role at MARIS as CEO David Price retires; Happy Grasshopper, HomeScout, Rechat and Lundy announce new executive hires.Real Estate News StaffJanuary 23, 2024
MLS/AssnNAR alternative moves up its launchAREA, an initiative spearheaded by Mauricio Umansky and Jason Haber, aims to create “something totally new” for agents and others dissatisfied with NAR.Stephanie Reid-SimonsUpdated October 21, 2024
BrokeragesENRG Realty offers a new take on revenue sharing The newly launched firm — the brainchild of former eXp and Real execs — tweaks the downline model and is intended to “professionalize the industry.”AJ LaTraceJanuary 23, 2024
By the NumbersTrends 2024: Will we ever solve the inventory problem?For more than a decade, housing supply has not kept pace with demand. Building more homes might seem like the answer, but there’s more to it than that.T3 SixtyJanuary 22, 2024
TechAI ‘a bigger danger’ to real estate than lawsuitsA new survey finds that most brokerages and agents are using artificial intelligence tools, especially ChatGPT. But they need to watch out for the risks.Cheryl Reid-SimonsJanuary 21, 2024
IndustryThe ‘harrowing’ truth of being a woman in real estateScandals at NAR and beyond have shed new light on a familiar and distinctly female challenge: Having to work harder and protect yourself because of your gender.Nicole BrodeurJanuary 20, 2024
BrokeragesBrokerage Beat: News from Compass, Christie's, @properties, ERA, moreInfluencer leaves Corcoran for Compass; Christie's lands in Curaçao; @properties expands to Ann Arbor; Denver firm joins ERA; KW tops Best Workplace list.Real Estate News StaffJanuary 20, 2024
MLS/AssnGolden State is the Lawsuit State as commissions cases pile upThe latest filing focuses on the Northeastern part of California and takes aim at MetroList MLS as well as multiple associations and brokerages.Dave GallagherJanuary 19, 2024
BrokerageseXp, former team leader named in sexual harassment suitA former female employee claims she was harassed, then fired for resisting advances from Chris Nevada of the Nevada Real Estate Group.Dave GallagherJanuary 19, 2024
By the NumbersExisting home sales haven't been this low since 1995According to the latest NAR data, just 4.09 million existing home sales were reported in 2023, the lowest number in nearly three decades. AJ LaTraceJanuary 19, 2024
By the NumbersInventory trickling in, but don’t expect a floodAll eyes are on inventory levels — which are up slightly compared to a year ago — as the market gears up for spring.Dave GallagherJanuary 19, 2024
IndustryREX to appeal after losing latest battle with ZillowA jury ruled that Zillow's display of non-MLS listings was not deceptive, and a judge denied a request for a new trial. REX now says it will appeal.Dave GallagherUpdated February 5, 2024