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Compass lifts agent count in Q4 but falls short of positive cash flow

Feb 27, 2024

The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier.

LeFrak sues NYC housing court as evictions slow to ‘surreal’ crawl

Feb 27, 2024

The LeFrak Organization claims that the courts have failed in their duty to hear housing disputes efficiently and fairly.

Survey supports Realtors’ claims that commissions are negotiable

Feb 27, 2024

Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds.

LoanDepot hackers had access to Social Security numbers, DOBs

Feb 27, 2024

The lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9 million consumers affected by the January cyberattack.

Gary Keller says ‘right now, real estate is in a recession’

Feb 27, 2024

The real estate industry took a beating in 2023 — rising mortgage rates froze home sales, consumer sentiment slid to new lows, several landmark lawsuits threatened buyer-broker commissions, and the National Association of Realtors couldn't keep itself out of trouble. Although the industry is hoping for a brighter 2024, Keller Williams co-founder Gary Keller said agents need to prepare for another round of bitter headwinds.

Home prices hit high in December as ‘solid, steady growth’ wins out

Feb 27, 2024

Home prices rose 5.5 percent on an annual basis in December, up from 5 percent in November, according to dueling data points released Tuesday by S&P Global and the Federal Housing Finance Agency.

Rent is falling fastest in markets that added the most new supply

Feb 27, 2024

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows.

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

Feb 27, 2024

California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.

How to use mindfulness to build gratitude in your business each day

Feb 27, 2024

Aaron Hendon shares some strategies to keep negative thoughts away and visualize good things for our businesses, especially when things are difficult.

Rookie to rockstar: The essential guide to real estate marketing

Feb 27, 2024

Implement an A to Z branding and marketing plan from expert Marci James to establish yourself as a knowledgeable and trusted real estate adviser.

Institutional investors are scooping up Kiavi’s ‘fix and flip’ bridge loans

Feb 26, 2024

Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion.

Offerpad narrows Q4 loss, expects to be back in black later this year

Feb 26, 2024

The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.