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AI in real estate: Assessing current and future use cases

Housing Wire

Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We That’s certainly not a universal outcome, but it does communicate what the technology can do.

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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 295
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Opinion: NAR has finally met its match

Housing Wire

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 383
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“Enough is enough.” Redfin leaves NAR in wake of sexual harassment allegations

Housing Wire

Most brokerages are only a loose affiliation of independent agents, and none of us wants to impose a policy that could alienate any of the people who generate our revenue.” In leaving NAR, the brokerage said it will explore other ways to achieve those goals. Despite this decision, Redfin said that in roughly half of the U.S.,

Brokerage 376
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The evolution of the more productive real estate agent 

Housing Wire

million – brokerages have become less focused on attracting new agents into the industry and instead more focused on increasing the productivity of the agents they have. For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity. Just how we do contracts now is so much faster.

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‘Stale’ Housing Inventory Rises in July

Appraisal Buzz

homes that were listed for 30 days or longer without going under contract increased 12.5% the technology-powered real estate brokerage. The share of U.S. in July from a year earlier, according to a new report from Redfin. In other words, 61.2%

Inventory 195
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Zillow to offer short-term ‘non-exclusive’ touring contracts

Inman

The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements.

Contracts 130