IndustryZillow settles co-marketing suit for $15MAfter more than 5 years of litigation, the company agreed to a settlement with shareholders over its co-marketing program, which remains active.Cheryl Reid-SimonsApril 4, 2023
AgentsOpendoor upping incentives for agentsThe iBuyer hopes to attract more agents with an expansion of their loyalty program and increased commissions.Cheryl Reid-SimonsApril 4, 2023
TechTech Bytes: News from Endpoint, Tech Helpline and Restb.aiEndpoint launches mobile notary platform, Tech Helpline expands to serve 750K members in North America, Restb.ai launches AI-powered property descriptions.Real Estate News StaffApril 4, 2023
By the NumbersNo mass movement: Americans are staying putApart from an early-pandemic spike in moves, mobility has continued to decline for decades, particularly among young renters.Dave GallagherApril 3, 2023
IndustryIndustry Decoded: Is your company's data secure?If you're not investing in cybersecurity, your business may be vulnerable to a breach. Preventive measures are key to protecting your data and your firm.Richard RosenblumApril 3, 2023
By the NumbersHome flippers were busy in 2022, but profits sankThe number of homes flipped last year reached a two-decade high, but average gross margins declined, and market conditions may deter flippers in 2023.Dave GallagherApril 2, 2023
IndustryLawsuit could shake the landscape for buyer’s agentsWith billions of dollars at stake, a judge’s ruling this week poses challenges to the residential real estate commission system.Stephanie Reid-SimonsApril 1, 2023
AgentsWhy reviews matter, and 5 ways to get moreIf you're not prioritizing reviews, you're losing clients. Learn when and how to make the ask, even if you're just starting out.Mary BooneApril 1, 2023
BrokeragesBrokerage Beat: Innovation winners, affiliations, and moreRE/MAX, @properties, BHGRE add affiliates; NextHome, KW, Anywhere recognized for innovation; eXp gains NC team; The Agency expands; E&V opens new shops.Real Estate News StaffUpdated April 1, 2023
IndustryPeople On the Move at Real, Endpoint, Epique and Howard HannaAlexandra Lumpkin first general counsel at Real, Shawna Hernandez lands COO role at Endpoint, Sam Rodriguez joins Epique board, Kris Burdick promoted at Hanna.Real Estate News StaffMarch 31, 2023
By the NumbersAgents, get your sellers ready for the selling 'sweet spot'A Realtor.com analysis identified the best time to sell in 2023, and it's just around the corner. The report also said to expect a more typical spring season.Cheryl Reid-SimonsMarch 31, 2023
IndustryReality Check: 'Selling Sunset' sells an alternate realityReal estate reality TV isn’t exactly real. "The Bachelor" alums Jason and Molly offer their candid feedback on the glamorous and dramatic SoCal reality show. Real Estate News StaffMarch 31, 2023
By the NumbersMortgage rates continue 3-week declineSince peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.Dave GallagherMarch 30, 2023
AgentsStaging can add value in any kind of marketAgents surveyed for NAR's Profile of Home Staging reported that staged homes can sell faster and for more money, even in a sellers market.Cheryl Reid-SimonsMarch 30, 2023
IndustryOnly 5 of the top 20 real estate companies boosted sales in 2022In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.Dave GallagherMarch 30, 2023
IndustryCommissions lawsuit now a class action, greatly increasing its scopeA judge ruled that the Moehrl suit would now cover all sellers who paid commissions to named companies over a 5-year period, plus “current and future” sellers.Stephanie Reid-SimonsUpdated September 22, 2023
By the NumbersPending sales signal modest improvement in housing marketNAR reported that February pending home sales were up 0.8% from January, making it the third consecutive month of increases.Dave GallagherMarch 29, 2023
MLS/AssnMLS-owned Nestfully wants to make home shopping more pleasantThe new home search platform, a joint venture between Bright MLS and CRMLS, aims to inspire a sense of calm and simplify the process for consumers and agents.Dave GallagherMarch 29, 2023
AgentsAgents Decoded: How to get clients to contact youWhen Jay Thompson needed to find a great local agent, he went looking for someone with a solid online presence and good reviews — who also responded to calls.Jay ThompsonMarch 29, 2023
By the NumbersPrice growth continues to slow, especially in the WestThe Case-Shiller and FHFA indices reported dips in annual and monthly home price appreciation, with current levels reflecting more typical rates of growth.Dave GallagherMarch 28, 2023