BrokeragesCloud-based brokerage iad lands in the USThe French company has over 20,000 agents across Europe and Mexico, and now it’s ready to stake a claim in the lucrative U.S. market.AJ LaTraceSeptember 29, 2023
MLS/AssnA win for Rapattoni as Cincinnati MLS members vote to keep itIn the wake of a cyberattack that knocked the Ohio MLS offline in August, the organization rushed to roll out a new system, but bugs frustrated agents.Dave GallagherSeptember 29, 2023
BrokeragesBrokerage Beat: News from RE/MAX, C21, ERA, Christie's, moreRE/MAX snags 165-agent firm; Century 21 grows in Long Island, Chicago; The Agency expands in Montana; Real enters Vermont; Christie's opens in Park City; more.Real Estate News StaffSeptember 29, 2023
BrokerageseXp exec talks rev share, ‘attraction’ and agents’ No. 1 jobChief Growth Officer Michael Valdes says eXp doesn’t “recruit” agents in a transactional sense, but seeks to “attract” for long-term growth and success.AJ LaTraceSeptember 29, 2023
BrokeragesTeams on the Move: @properties, KW, Compass gain teamsChicago duo takes North Shore business to @properties; No. 1 New Orleans agent joins Keller Williams; Compass team increases brokerage's Milwaukee presence.Real Estate News StaffSeptember 28, 2023
By the NumbersMortgage rates soar to 23-year highEven as interest rates climb, home prices aren't budging, a combo which may "put the brakes on the housing market."Dave GallagherSeptember 28, 2023
By the NumbersPending home sales slid a staggering 7.1% in AugustThe decline could mark "the beginning of the end of this resilient housing market," according to one economist.AJ LaTraceSeptember 28, 2023
BrokeragesCompass lands $5 billion firm in Central TexasThe acquisition of Realty Austin and Realty San Antonio will significantly boost Compass' annual sales volume in Texas.Dave GallagherSeptember 27, 2023
By the NumbersAffordability driving Sun Belt moves, despite climate risksThe latest Redfin migration report found that more home shoppers are looking at lower-cost cities that have seen increasing climate-related dangers.Dave GallagherSeptember 27, 2023
MLS/AssnReal estate diversity groups come together to ‘stop hate’Stop Hate In Real Estate, a collaboration between the LGBTQ+ Alliance, AREAA, NAHREP and WomanUp!, aims to fight discrimination.Cheryl Reid-SimonsSeptember 27, 2023
Industry5 takeaways as titans tackle real estate’s hottest topicsIndustry heavyweights — and former rivals — Spencer Rascoff and Glenn Kelman addressed some of the toughest issues facing real estate in a lively discussion.AJ LaTraceSeptember 26, 2023
By the NumbersCase-Shiller: Home prices peaked this summerPrices in July topped last year’s high, but slowing demand due to elevated mortgage rates is expected to bring price declines and soften new home sales.Dave GallagherSeptember 26, 2023
IndustryWhat happens to real estate when the government shuts down?Housing market impacts could include mortgage delays, declining consumer confidence and — perhaps — a small dip in mortgage rates.Dave GallagherSeptember 25, 2023
BrokeragesPeople on the Move: NAHREP names CEO at new builder org; Real hires finance VPGeorge Carrillo will take on the top role at the newly launched National Hispanic Construction Alliance; Ravi Jani joins Real as VP of investor relations.Real Estate News StaffSeptember 25, 2023
IndustryAmazon committing $40 million to support homeownershipThe tech giant announced its latest effort to promote housing, focused specifically on homebuyers.Dave GallagherSeptember 25, 2023
AgentsWhy buyers are waiting to act — and how to help them move forwardThe latest installment of Zillow's annual trends report offers insights into prospective buyers' needs and motivations, and how agents can add value. Cheryl Reid-SimonsSeptember 24, 2023
MLS/AssnIn Focus: MLSs face 'staggering and energizing' changesNorthstarMLS CEO Tim Dain offers his tech-forward view of the future, which includes transparency, consolidation and richer listings content.Amie FisherSeptember 23, 2023
BrokeragesBrokerage Beat: News from Christie's, RE/MAX, Real, CompassChristie's heads to Austin; RE/MAX adds franchise in Mass.; boutique Lafayette firm joins Real; Compass nabs $1 billion SoCal firm; John R. Wood upsizes.Real Estate News StaffSeptember 23, 2023
BrokeragesMV Realty files for bankruptcy amid legal turmoilThe brokerage, which offered homeowners cash in exchange for a 40-year right-to-list agreement, has been bogged down by lawsuits and investigations.Robert Davis, Stephanie Reid-SimonsSeptember 22, 2023
MLS/AssnNAR’s 'concrete actions' include outside counsel, task forceAn email sent by CEO Bob Goldberg to staff on Thursday promises an independent assessment of company policies and practices. Dave GallagherSeptember 22, 2023