Resources

Court grants preliminary approval of settlements with firms in Gibson

Apr 30, 2024

The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman in the Gibson commission lawsuit.

Mortgage tech provider Blend gets $150M private equity cash injection

Apr 30, 2024

The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021.

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

Apr 30, 2024

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

KW CEO predicts headwinds for indie model amid NAR settlement

Apr 30, 2024

Keller Williams president and CEO Mark Willis spoke about his return to the Texas franchiser and how commission lawsuits could spark an intense round of brokerage and agent consolidation.

Distress in office sector climbs to 12-year high, new report says

Apr 30, 2024

Over $38 billion in office buildings show signs of distress in downtowns across the nation as the sector continues to struggle through the high rate environment.

Joan Didion’s former NYC apartment sells for $5.4M

Apr 30, 2024

The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988.

EXp eyes growth with leadership team shuffle

Apr 30, 2024

The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage.

EXp Realty promotes Kendall Bonner to VP of industry relations

Apr 30, 2024

A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage's industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa.

WeWork floats bankruptcy exit deal, without Adam Neumann

Apr 30, 2024

The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann's bid to buy back the company.

Ocwen agrees to settle decade-long suit over BPO, valuation fees

Apr 30, 2024

Up to 330,377 homeowners from whom Ocwen collected mortgage payments could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation

KW CEO predicts downfall of indie model amid the NAR settlement

Apr 30, 2024

Keller Williams president and CEO Mark Willis spoke about his return to the Texas franchiser and how commission lawsuits could spark an intense round of brokerage and agent consolidation.

March rents grew dramatically in Chicago and these 4 other cities

Apr 30, 2024

Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly.