Judge denies Crye-Leike claim that it’s covered by NAR settlement
The Memphis-based brokerage had argued in court that it was made up of six distinct and separate companies that should be covered under the settlement by the National Association of Realtors.
Categories: Real Estate News
Fate of Clear Cooperation at hand as Ketchmark issues new warning
As NAR prepares to announce its pocket listing rule decision "in the coming weeks," attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule.
Categories: Real Estate News
How to sell without feeling ‘salesy’
When you lead with value, Nick Schlekeway writes, sales become more about service, allowing you to build trust and long-lasting relationships.
Categories: Real Estate News
Is it still possible to bootstrap a real estate business? Pulse
With mergers and acquisitions and the growing importance of team models, can a solo agent still start out with nothing and build an empire?
Categories: Real Estate News
Reimagine common space, foster community in multifamily design
Thoughtfully designed common spaces in multifamily communities, Michael Zaransky writes, strengthen resident engagement, deepen the sense of belonging and, ultimately, enhance retention.
Categories: Real Estate News
EXp taps Movoto for enterprise agent solution
EXp hired Movoto to install its Lever by Movoto enterprise product to help agents handle leads, transactions and other business-critical needs.
Categories: Real Estate News
Dolly Lenz: Seek like-minded agents to generate referrals
Lenz appeared with other panelists Tuesday at Inman on Tour Nashville to tout the benefits of working from referrals. But the panelists all agreed that referrals only work when done right.
Categories: Real Estate News
Howard Hanna demands judge’s recusal over political donations
Undisclosed political donations to Judge Stephen Bough’s wife have been called a disqualifying conflict of interest in a commission case known as Gibson.
Categories: Real Estate News
LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
While mortgage originations were up 34 percent from a year ago, to $7.2 billion, company executives said they don't expect lending to surpass $5.5 billion in Q1 2025.
Categories: Real Estate News
Rocket: Redfin acquisition will cut consumer transaction costs by half
Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes.
Categories: Real Estate News
Connor Fields: From Olympic gold to overcoming adversity
On Tuesday, Olympic Gold Medalist Connor Fields took the stage during his Inman On Tour Nashville session "Unstoppable: Building Resilience in the Face of Adversity," where he delivered a message about persevering and overcoming adversity.
Categories: Real Estate News
Douglas Elliman wraps 2024 with hefty $76M net loss for year
The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm's future.
Categories: Real Estate News
6 named to NAR REACH Australia’s latest class
Six innovative companies from Down Under have been named by Second Century Ventures as members of the 2025 cohort for REACH Australia and New Zealand.
Categories: Real Estate News
Ed Zorn and Phillip Cantrell to agents: Stop sharing commissions
Agents and brokers need to step up by embracing transparency and allowing consumers to negotiate commissions, the duo said during an Inman on Tour panel in Nashville Tuesday morning.
Categories: Real Estate News
Pam Liebman: Most listings should be ‘shared amongst everybody’
The CEO of Corcoran appeared at Inman on Tour Nashville Tuesday and expressed support for Clear Cooperation. She also said the best market is simply one where agents can transact.
Categories: Real Estate News
Renting becomes sign of wealth as many opt against homebuying
A recent Redfin analysis of U.S. Census Bureau, MLS and county records from 2019 to 2023 found that in 35 of the 50 largest U.S. metro areas, wealthy renters are taking over the rental market. Certain cities, including San Jose, California; Raleigh, North Carolina; Orlando, Florida; Buffalo, New York; and Tampa, Florida, have seen a surge in wealthy renters compared to pandemic numbers.
Categories: Real Estate News
The top 1% could buy nearly all homes in the US with their wealth
The value of America's nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis.
Categories: Real Estate News
Former Engel & Völkers CXO Peter Ianos joins The Agency
Ianos has been in the industry for more than two decades, and spent about 12 years at Engel & Völkers, where he served in a variety of leadership roles.
Categories: Real Estate News
Tomo Mortgage secures $20M in Series B funding round
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20 million in a Series B funding round, bringing its total investment to $130 million, company executives announced Tuesday.
Categories: Real Estate News