‘It’s an arms race’: How portals are adapting to the commission crunch

The upending of NAR’s cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they’re adopting to suit the moment. Continue reading

Redfin launches free rental tool for independent property owners

The “List My Home for Rent” tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year. Continue reading

Homes.com President Dave Mele to part ways with CoStar

After 10 years, Homes.com President Dave Mele has left the company to pursue other opportunities. Mele was instrumental in CoStar Group’s acquisition of the company in 2021 for $156 million. Continue reading

Compass CEO Robert Reffkin says the luxury market is back

The luxury market is back. That was Compass co-founder and CEO Robert Reffkin’s primary message during his latest appearance on CNBC’s “Squawk on the Street,” where he talked about home price trends, mortgage rates, and stock market ebbs and flows. Continue reading

Jonathan Adler talks ‘modern American glamour’ on Miami stage

World-renowned designer Jonathan Adler sat with real estate icon Sherry Chris to talk about style, authenticity, love and needlepoint. Continue reading

Zillow launches AI tool to stop fair housing discrimination

The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The code is available on GitHub. Continue reading

4 luxury leaders talk commissions and protecting agent value

Luxury leaders Jay Parker, Liane Jamason, Thad Wong and Daniel de la Vega tackled commissions at Inman Connect Miami, saying agents must know and protect their value as regulatory changes draw near. Continue reading

Brad Inman: Real estate is tough in 2024. Focus on the upside instead

Inman founder Brad Inman kicked off the inaugural Inman Connect Miami on Tuesday with a heartfelt keynote on friendship, community and optimism amid real estate industry challenges. Continue reading

Redfin expands new compensation plan to agents in 25 more markets

With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has “proven to be even better” than expected. Continue reading

Texas, Florida are affordability havens for homebuyers: Zillow

Rising inventory and slowing home price growth have made Austin, San Antonio, Tampa, Orlando and Jacksonville some of the best markets for buyers, according to Zillow’s latest Market Heat Index. Continue reading