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Hitt had been with the Germany-based luxury franchisor since 2010. Chief Strategy Officer Stuart Siegel will serve as interim CEO.

CEO Nykia Wright said she is also engaging a chief human resources officer, as well as a special advisor to help re-establish broker relationships.

Cloze hires growth-focused exec to focus on partnerships; JobSnap offers agents a way to connect with service providers; Rechat partners with Pacific SIR; more.

Top iBuyer highlights new products and shifts in agent pay as it joins Offerpad, Elliman and Fathom in finding bright spots after tough third-quarter results.

Robert Reffkin said “it’s only a matter of time” before Zillow becomes a national MLS. Zillow, meanwhile, advocated for a strong MLS and equal access to data.

Yun expects existing sales to rise 9% next year and even more in 2026, though the market has proved difficult to predict in recent years.

The Sacramento firm will operate under the Windermere name; Amerivest, serving four states, brings 400 agents to Real; Corcoran franchise expands in Bahamas.

Kevin Sears kicked off NAR NXT with an acknowledgement of real estate industry challenges and a message of unity. His go-to message: “We protect consumers.”

BBB National Programs ruled in favor of Realtor.com, saying it “provided a reasonable basis” for its claim of being “#1 Site Real Estate Professionals Trust.”

During a Q3 earnings call, CEO Ryan Schneider reiterated his support of the CCP but said large firms would be the winners if it goes away. Revenue, income fell.

An aging seller pool reflects a trend also seen among buyers — but sellers have retained the upper hand, rarely reducing prices or offering incentives.

The franchise went the same route as eXp, agreeing to settle with plaintiffs in the Hooper case even though it was originally named in Gibson.

CEO Glenn Kelman apologized to shareholders but also said expansion of the company’s new agent pay plan will help the brokerage “go on the attack” in 2025.

The company suffered losses due to its payout in the commissions settlement, but touted agent productivity, international growth and positive revenue.

Despite a 25-point cut by the central bank, rates rose for a sixth straight week while applications fell sharply.

The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.

Growth across all major divisions, which the company attributed to strong conversions and agent partnerships, produced double-digit gains in the third quarter.

In the short term, expect "rising and more unpredictable mortgage rates." But the Fed will likely stay the course and issue a modest rate cut this week.

Home listings on the Flyhomes search portal now show the breakdown of recent presidential and congressional voting trends in any given community.

HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, insurance and appraisals.