Resources

Hanna fights back against homebuyer commission suit

Aug 8, 2024

Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws.

REACH Commercial announces latest proptech class

Aug 7, 2024

The seven startups that are part of REACH Commercial's latest class each promise to advance the way commercial brokerages service the industry, ranging from a green building resource solution to a pro-small business engine to help entrepreneurs own their real estate.

Mortgage rates bounce back before homebuyers can pounce

Aug 7, 2024

The big drop in mortgage rates did more to spur refinancing than homebuying, according to a weekly survey of lenders by the Mortgage Bankers Association, and now rates are rising again.

Douglas Elliman sees revenue tick up in Q2 2024

Aug 7, 2024

The company's improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders in recent months because of its shaky performance over the past few quarters.

Most Americans weren’t expecting the big drop in mortgage rates

Aug 7, 2024

Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn't think mortgage rates would come down.

Zillow Q2 revenue exceeds expectations, grows 13% to $572M

Aug 7, 2024

Better-than-expected residential segment results bolstered Seattle-based portal Zillow's Q2 performance, which saw growing revenues and slimming losses as they zero in on creating a 'fully-integrated' homebuying experience.

Zillow Group names Jeremy Wacksman as new CEO

Aug 7, 2024

After five years back at the helm, Zillow Group co-founder Rich Barton steps down as CEO. Former COO Jeremy Wacksman takes the reins as the company charges past what Barton calls the "Portal 1.0" experience.

‘Hidden’ homeownership costs locking potential buyers in place

Aug 7, 2024

Households have deferred moving, partially due to high "hidden" homeownership costs such as property taxes, insurance and climate change, according to a report.

Real Brokerage sees new highs in revenue, gross profit during Q2

Aug 7, 2024

The cloud-based brokerage saw surprisingly positive second-quarter earnings results during a tough market. Real chairman and CEO Tamir Poleg said the results were a testament to the firm's business model.

Matterport exec alleges she was fired for raising business concerns

Aug 7, 2024

The former sales executive filed a lawsuit in California alleging "she was pushed out of the company because she raised concerns about illegal and unethical practices."

Should you talk politics? Only if you can keep it professional

Aug 7, 2024

Choose not to be offended. Have conflict resolution strategies in place. Stay calm, acknowledge the difference in opinions, and move on to other topics, Keller Williams’ Julia Lashay Israel writes.

Consumer watchdog advises buyers to pay agents ‘2% or less’

Aug 6, 2024

The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead.