Seattle-based brokerage Redfin has expanded its commission-based payment model, Redfin Next, to agents in Chicago, Connecticut, Dallas, Miami, New York, Palm Beach and Washington, D.C. Redfin execs said Redfin Next will help them navigate market “ups a… Continue reading
A Sydney listing agent accidentally burned down her client’s $3 million home. Five years after the accident, her broker has been ordered to pay $850K in damages. Continue reading
Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading
Listing agents have less than a month to prepare homesellers for the spring housing season, according to Realtor.com’s annual “Best Day to Sell” analysis, published on Thursday. This year, the portal says the week of April 14 is the best time to close … Continue reading
While incentives are still an integral part of the new-home market, they’re falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 … Continue reading
Despite the initial controversy, Homes.com isn’t letting up on its traffic war with Zillow, Realtor.com and Redfin. The CoStar-owned portal reported late last week that it reached 149 million unique visitors in February, which equals a mind-boggling 56… Continue reading
As the first day of spring arrives, three economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive U.S. home sales. Continue reading
Almost two years after launching its “Article 10 Rule” campaign, the LGBTQ+ Real Estate Alliance has upped the ante with a new website that tracks anti-LGBTQ legislators who’ve received funding from the National Association of Realtors’ lobbying arm, t… Continue reading
EXp Realty paid $232.6 million in revenue share and equity benefits to agents and brokers in 2023, according to the company’s annual program update published mid-Monday. The lion’s share of the payouts — $197.9 million — came from revenue share. The re… Continue reading
After three years as president, Marc King has stepped down from his post at Keller Williams Realty. CEO Mark Willis will take over King’s responsibilities. Continue reading