Zillow's bold move to confront off-market housing inventoryZillow's new policy restricts home listings from appearing if not on MLS within 24 hours, aiming to control the impact of private listing networks.
Compass's recent performance points to the future of real estate brokerageCompass is outperforming legacy brokerages due to superior technology and operational efficiency.
Real estate brokerages notch procedural victory in commission caseCorporate brokerages RE/MAX, Keller Williams, and Anywhere received a temporary stay in homebuyer commission lawsuits, preserving judicial resources during ongoing appeals.
RealReports launches customizable lead generation widgetProviding unique value is essential for brokerages in today's market to improve ROI.RealReports offers a lead generation widget leveraging comprehensive data to engage consumers.
Opt-in MLSs, brokerages seek preliminary approval of commission suit settlementsBrokerages and MLSs are seeking preliminary court approval for commission lawsuit settlements related to the NAR agreement.A collective contribution of $30.6 million is in discussion from entities opting into the NAR settlement.
If commission rates drop, these real estate brokerages could be in troubleLarger brokerages are more vulnerable to commission rate reductions due to higher fixed costs, while smaller brokerages exhibit greater financial stability.
Zillow's bold move to confront off-market housing inventoryZillow's new policy restricts home listings from appearing if not on MLS within 24 hours, aiming to control the impact of private listing networks.
Compass's recent performance points to the future of real estate brokerageCompass is outperforming legacy brokerages due to superior technology and operational efficiency.
Real estate brokerages notch procedural victory in commission caseCorporate brokerages RE/MAX, Keller Williams, and Anywhere received a temporary stay in homebuyer commission lawsuits, preserving judicial resources during ongoing appeals.
RealReports launches customizable lead generation widgetProviding unique value is essential for brokerages in today's market to improve ROI.RealReports offers a lead generation widget leveraging comprehensive data to engage consumers.
Opt-in MLSs, brokerages seek preliminary approval of commission suit settlementsBrokerages and MLSs are seeking preliminary court approval for commission lawsuit settlements related to the NAR agreement.A collective contribution of $30.6 million is in discussion from entities opting into the NAR settlement.
If commission rates drop, these real estate brokerages could be in troubleLarger brokerages are more vulnerable to commission rate reductions due to higher fixed costs, while smaller brokerages exhibit greater financial stability.
Commercial Brokerages Cut Staff and Diversify to Stem LossesCommercial real estate brokerages are cutting costs through layoffs and efficiency measures to navigate lower transactions and profits amid higher interest rates.
Opinion: The industry is positioned for a mass exodus of real estate agentsReal estate agents facing uncertainty may lead to mass industry exodus; brokerages must retain agents to avoid diminishing numbers.