‘Godspeed’: Enforcement of NAR settlement changes shifts to MLSs
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.
Showcase your team’s success: Enter the Inman Innovator Awards
Join us in celebrating real estate's best and brightest innovators at Inman Connect Las Vegas, July 31 to Aug. 1. Submit your nomination now for the 2024 Inman Innovator Awards.
How to ignore the legal drama and focus on the opportunity
While you need to be aware of the changes going on in the industry, CEO Verl Workman writes, you also need to make sure to keep your focus on what you can control.
What if NAR went away? Examining the catastrophic potential
Although it may seem righteous to dismantle the institution that NAR has built, brokerage founder Sean Frank writes, the collapse of NAR would equate to the collapse of the modern real estate market as we know it.
January cyberattack a $37M weight on loanDepot Q1 2024 results
In addition to $15 million in direct costs, loanDepot says it lost an additional $22 million in revenue while systems were down, contributing to $72 million net loss.
Redfin rides momentum to Q1 revenue bump, beats expectations
Seattle-based Redfin's revenue increased 5 percent year over year to $225.5 million — beating revenue projections of $218.1 million. Still, the company is struggling to control its net losses, which grew nearly 10 percent from 2023.
Better settles with former exec who filed whistleblower suit
Former operations head Sarah Pierce, who had accused Better CEO Vishal Garg of providing misleading information to investors in leadup to SPAC, faced $2.76 million judgment in countersuit.
Leading Laguna Beach team returns to Compass from Coldwell
The Marcus Skenderian Real Estate Group is boomeranging back to Compass after three years away to launch its own brick-and-mortar office in Laguna Beach.
NYC rents grew 7 times faster than wages last year
The nation's biggest city saw the biggest gap emerge between the rates of wage growth and rent growth.
$60M non-waterfront Palm Beach estate one of the priciest ever sold
The mansion on Banyan Road was gut-renovated by homeowner and interior designer Victoria Hagan before being sold off-market to an unknown buyer.