Consumers question agents' value — the industry should push back
Real Estate News
APRIL 26, 2024
A T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.
Real Estate News
Inventory is way up in Florida — but prices are still rising
Real Estate News
APRIL 19, 2024
Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.
Inventory 
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Why is housing supply so low? Blame local zoning
Real Estate News
APRIL 18, 2024
Two U.S. senators are pushing for policy changes that would reduce “exclusionary” zoning regulations and promote local development.
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Mortgage interest rates soar above 7%, reaching new 2024 high
Real Estate News
APRIL 18, 2024
No rate relief is expected soon, and home prices are also setting records this spring, suppressing existing home sales.
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KW responsible for agent spam calls, judge rules
Real Estate News
APRIL 18, 2024
A Pennsylvania judge concluded the brokerage company has personal jurisdiction in a telemarketing lawsuit involving agents from a franchise office.
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Housing Market Decoded: 3 factors that could affect summer home sales
Real Estate News
APRIL 17, 2024
Get answers to the big questions on everyone's mind: What will happen with inventory and mortgage rates — and will the NAR settlement impact the market?
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Agents optimistic about the market, concerned about buy-side pay
Real Estate News
APRIL 16, 2024
A new survey from Real Brokerage offers insight into agent sentiment and how they really feel about the industry changes set to go into effect this summer.
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Major homebuilder objects to commissions settlement process
Real Estate News
APRIL 16, 2024
PulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.
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Commissions won't count against limits, Fannie and Freddie say
Real Estate News
APRIL 16, 2024
The federal finance giants clarified their policies, confirming that buyer agent compensation won't be applied to concession limits.
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Agents Decoded: How to train agents for when deals fall through
Real Estate News
APRIL 6, 2024
Most real estate training is based on the assumption that all deals close. When they don’t, too many agents are ill-equipped to handle it.
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Northeast and Midwest markets are still sizzling hot
Real Estate News
APRIL 2, 2024
The regions continue to see significant price growth and elevated buyer activity, but national price growth is expected to slow this year as supply increases.
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People on the Move: Promotions at JPAR, Realty ONE
Real Estate News
APRIL 2, 2024
JPAR president Laura O’Conner adds chief operating officer to her title; David Romero takes on chief customer officer role at Realty ONE + more role changes.
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A resurgence of first-time buyers, and a look at agent pay
Real Estate News
APRIL 3, 2024
NAR’s annual generational trends report examines buyer and seller characteristics and dives into their needs — and how they compensate agents.
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Compass acquires longtime New Orleans independent Latter & Blum
Real Estate News
APRIL 3, 2024
The acquisition of the century-old firm and its 3,100 agents could give Compass an edge in the NOLA and greater Gulf Coast market.
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Keller Williams hit with another telemarketing class-action
Real Estate News
APRIL 3, 2024
After reaching a $40 million settlement in a separate case a year ago, the brokerage faces new allegations of sending unsolicited text messages.
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Price cuts hit a five-year high
Real Estate News
APRIL 4, 2024
There are more green shoots for would-be home buyers this spring as inventory grows to its highest point since 2020, according to Realtor.com’s monthly report.
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T3 Sixty suspends release of real estate brokerage ranking
Real Estate News
MARCH 28, 2024
The company made the move after hearing from “numerous” privately owned companies involved in high-stakes lawsuits over commissions.
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Pacaso adds third-party listings, DIY co-ownership option
Real Estate News
MARCH 28, 2024
The fractional ownership platform, co-founded by former Zillow CEO Spencer Rascoff, said its latest move “opens up thousands of new listings nationwide.
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Industry seeking clarity — and change — in FHA and VA lending
Real Estate News
MARCH 28, 2024
NAR this week sent letters asking government lending agencies to allow buyers to finance agent compensation. Thursday, it started getting answers.
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Arguments against consolidation dominate hearing
Real Estate News
MARCH 28, 2024
Judges heard from both defendants and plaintiffs on Thursday who spoke about the “burdensome” nature of consolidation and the local nature of the cases.
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Mortgage rates creep down, but not enough to tempt buyers
Real Estate News
MARCH 28, 2024
Mortgage apps dropped this week even as rates fell, but pending sales began to show signs of life.
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Northwest MLS criticizes DOJ commissions stance
Real Estate News
MARCH 27, 2024
The 35,000 member multiple listing service calls the DOJ’s statement of interest an “ill-informed” interpretation of its compensation practices.
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Herding the commissions copycats: Judges to hear arguments
Real Estate News
MARCH 27, 2024
Even as settlements continue to roll in, a panel of judges will hear arguments tomorrow about merging the remaining buyer agent commission lawsuits.
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California homeowners face another insurance company pullout
Real Estate News
MARCH 27, 2024
State Farm, which stopped issuing new homeowner policies in the state last year, will no longer renew existing policies starting in July.
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Judge says Sitzer/Burnett will remain a class action
Real Estate News
MARCH 26, 2024
HomeServices of America’s decertification request was denied, and the case will now shift to other post-verdict motions, including a request for a new trial.
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It's cheaper to rent than buy in nearly every big city
Real Estate News
MARCH 26, 2024
A new report from Realtor.com looks at the cost gap between renting and owning and finds that many markets are now significantly more favorable to renters.
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2019 commissions case now on track for January trial
Real Estate News
MARCH 26, 2024
The Moehrl suit, like Sitzer/Burnett, was filed 4 years ago and has just one defendant left: HomeServices of America, which hasn't chosen to settle.
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Marc King departs KW president role amid layoffs
Real Estate News
MARCH 11, 2024
CEO Mark Willis adds “president” to his title and confirms that about 30 people have been let go from the company.
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U.S. Housing Secretary Marcia Fudge to step down
Real Estate News
MARCH 11, 2024
Fudge, a longtime advocate for affordable housing, announced she will leave her HUD post on March 22.
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People on the Move at Christie's SoCal powerhouse and Relevate
Real Estate News
MARCH 8, 2024
Jamie Duran takes on EVP role at AKG Christie's after three decades at Coldwell Banker; Sheila Dodson to lead consulting, industry relations at Relevate.
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AI is so much more than ChatGPT — here’s what you need to know
Real Estate News
MARCH 7, 2024
Products that just scratch the surface of what AI can do are giving real estate “a bad rap,” but there are ways to go deeper (without getting in too deep).
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Precarious post-verdict market, competition a threat to Zillow
Real Estate News
MARCH 6, 2024
A Wall Street hedge fund manager is sounding the alarm on Zillow’s market dominance, suggesting that its revenue and traffic are at risk.
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Will judges merge commissions copycats into one huge case?
Real Estate News
MARCH 2, 2024
Defendants have submitted dozens of responses to a consolidation proposal — and most oppose the move.
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Brokerage Beat: News from E&V, Corcoran, Compass, The Agency
Real Estate News
MARCH 2, 2024
Top broker moves to E&V Kirkland; Corcoran lands Espinal Adler Team in NYC, launches in Mass.; NY “Super Brokers” join Compass; The Agency open in Mexico City.
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3 things agents should know about new construction buyers
Real Estate News
MARCH 1, 2024
A Realtor.com survey of new home buyers reveals who is buying and what they want from real estate agents — their advocates in the purchase process.
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People on the Move at CoreLogic, BHGRE and Realtracs
Real Estate News
MARCH 1, 2024
CoreLogic promotes Kevin Greene to real estate GM; BHGRE appoints Karrie-Ann Sheppard as VP of Learning; Realtracs creates 3-member advisory board.
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Redfin targeted in new commissions suit blasting buyer agents
Real Estate News
FEBRUARY 27, 2024
The plaintiff, who paid a 2% commission, argues in the filing that “a truly competitive rate for buyers’ agents would in fact be 0%.
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Keller to buyer agents: Explain your value or ‘get the hell out’
Real Estate News
FEBRUARY 27, 2024
Keller Williams’ charismatic co-founder kicked off the Family Reunion event with his hot takes on the housing market “winter” and how to get through it.
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A strong start to the year for new home sales
Real Estate News
FEBRUARY 26, 2024
Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.
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eXp drops nearly 2K agents in fourth quarter as profits fall
Real Estate News
FEBRUARY 22, 2024
The company said its "decision to offboard a significant number of unproductive agents" in Q4 was offset by "excellent" retention of strong producers.
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Homeownership is up, but minorities continue to lag behind
Real Estate News
FEBRUARY 21, 2024
A new NAR report finds that homeownership has increased over the past decade, but Asian, Hispanic, and especially Black Americans face more hurdles.
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MLSs ask court to dismiss Zillow, ShowingTime lawsuit
Real Estate News
FEBRUARY 21, 2024
ARMLS and Metro MLS respond to “monopoly” claims, contending that its showing management platform leads to increased competition, not less.
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Real estate industry awards: Can we be better?
Real Estate News
FEBRUARY 21, 2024
Celebrating excellence should be about, well, actual excellence — not the size of someone’s wallet.
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