2022 Deal of the Year winner David Mayer returns to Compass

The 2022 REBNY award winner has decided to return to Compass after a nearly two-year stint over at Corcoran. He said Compass’ tech was “light years ahead of other brokerages.” Continue reading

Apartment stocks surge following $10B Blackstone bet

The Bloomberg REIT Index recorded its largest single-day gain since December on Monday. The largest gains, unsurprisingly, were recorded by AIR Communities, also known as Apartment Income REIT. Continue reading

R New York becomes 1st big brokerage to join NAR challenger

With the addition, roughly 800 agents will boost the American Real Estate Association’s membership by nearly 30 percent to about 3,800 members. Continue reading

How NAR’s settlement threatens Black Realtors and homebuyers

This is a moment in history when NAREB and our national leaders must stand up for justice and equality, writes Dr. Courtney Johnson Rose, president of the National Association of Real Estate Brokers. Continue reading

Should your next hire be a generative AI assistant?

Forget searching online for the perfect assistant, trainer Bernice Ross writes. AI is rapidly evolving, and the best assistant you have ever hired may be just a few clicks away. Continue reading

Bay Area rail workers allegedly built secret apartments in train stations

Two railway workers in the Bay Area are facing felony charges for allegedly building secret apartments in two train stations. Continue reading

Newcastle Courtyards persists in court challenge to Measure ULA

The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting that the court overturn the dismissal of their lawsuit seeking to end the transfer tax on property sales priced $5 million and up. Continue reading

Rocket Mortgage: Patented AI process cuts turn times by 25%

The Detroit-based lender unveiled “Rocket Logic” on Tuesday, an AI-fueled platform that can glean insights from 10 petabytes of proprietary data and transcripts from 50 million borrower calls each year. Continue reading

Tomer Fridman and Sally Forster Jones form new team

The LA-based luxury powerhouse agents have been collaborating together at Compass for six years, and after clients suggested they make their partnership official, the pair have formed Jones Fridman International. Continue reading

Brokers brace for NAR settlement to drive commissions south: Intel

A $418 million settlement in March by NAR caught agents and leaders by surprise. In a mixed bag of responses to the latest Intel Index poll, they shared their early reactions and existential fears. Continue reading