AgentsMost buyers are suspicious of competing offersAccording to a new survey, the majority of buyers are concerned about transparency in the homebuying process.AJ LaTraceFebruary 1, 2024
MLS/AssnNAR interim CEO ‘sets the record straight’ in new videoNykia Wright defended the real estate profession and NAR, saying the association does not set commissions and “never has,” though that phrase was later cut.Cheryl Reid-SimonsUpdated February 1, 2024
IndustryFTC weighs in on antitrust allegations leveled against CoStarCoStar’s residential business has managed to avoid the antitrust cases rocking the industry, but it’s a different story on the commercial side.Cheryl Reid-SimonsJanuary 31, 2024
BrokeragesState of New York takes an interest in eXp assault, harassment casesAllegations of sexual misconduct tied to eXp "raised a huge red flag" for the NY comptroller's office, which has a financial stake in the company.AJ LaTraceJanuary 30, 2024
By the NumbersHome prices continued to rise in NovemberPrices improved 5.1% annually, the latest Case-Shiller report indicates, but a small dip between October and November ended a streak of monthly gains.AJ LaTraceJanuary 30, 2024
IndustryPeople on the Move: Longtime HAR CEO Bob Hale to retire in 2026Hale announces his retirement after more than 50 years with the organization. Plus, Scott Mitchelson joins Corcoran as growth leader; Josh Team joins SERHANT.Real Estate News StaffUpdated January 30, 2024
BrokeragesAnywhere brokerages dropped from Pennsylvania commissions caseThe lawsuit known as Spring Way also has gained new plaintiffs and a new name: Kay. Spring Way LLC, which had used Coldwell Banker, is no longer involved.Cheryl Reid-SimonsJanuary 29, 2024
AgentsOfferpad providing new incentives for agents who bring clientsThe iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to more sell-side deals.AJ LaTraceJanuary 29, 2024
By the NumbersTrends 2024: Big brokerages are scooping up more dealsThe largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.T3 SixtyJanuary 29, 2024
TechIn Focus: How AI is transforming lead generationKeeping up with technology can feel overwhelming, but it doesn't have to be that way, says Lofty CEO Joe Chen, who discussed how AI can add value for agents.Robert DavisJanuary 28, 2024
BrokeragesBrokers in Focus: From burnout to merger — and a moment to make historyCandice McCuien became the first Black woman elected to lead her association, breaking new ground while successfully aligning her brokerage with Century 21.Cheryl Reid-SimonsJanuary 27, 2024
BrokeragesBrokerage Beat: News from Real, The Agency, Christie's, Realty ONEMega team moves from eXp to Real; The Agency lands in Oahu; Christie's International Real Estate expands in Switzerland; Realty ONE launches in Greece.Real Estate News StaffJanuary 27, 2024
BrokeragesLayoffs at eXp? 35 employees ‘venturing into new opportunities’In a LinkedIn post, eXp’s EVP of People implied that nearly three dozen people had been laid off. The company later acknowledged "a small reorganization." AJ LaTraceUpdated January 26, 2024
IndustryClear Cooperation suit ends without any rule changesNAR says ThePLS.com, which sued the association and three major MLSs, is dismissing the case. But the door is open for it to refile this year.Stephanie Reid-SimonsJanuary 26, 2024
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