Andy Florance: Zillow isn’t ready for post-commission portal revolution

In the opening remarks of CoStar Group’s Q3 earnings call Tuesday, CEO Andy Florance revealed to investment analysts the company’s grand plan to make Homes.com the portal of the future. Continue reading

Altman Brothers expand to Arizona with Grigg’s Group partnership

A new boutique luxury brokerage called Grigg’s Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with Paradise Valley-based team leader Scott Grigg, Inman has learned. The firm will serve Paradise Valley, Scottsd… Continue reading

Redfin eliminates salaries, pivots to commission model in LA and SF

Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program. Continue reading

Real caps its RISE event by announcing more agent benefits

At Real Brokerage’s 2023 RISE event in San Diego, the fast-growing brokerage announced a number of financial benefits for agents. Continue reading

Tom Ferry podcast video delivers fresh drama at Sitzer | Burnett trial

On Tuesday, plaintiffs’ attorney Michael Ketchmark played a video of a Tom Ferry interview with Allan Dalton of Berkshire Hathaway HomeServices that drew objections and threatened to derail proceedings. Continue reading

First Team sheds Christie’s affiliation, names new CEO

The largest privately held brokerage in the state of California has decided to separate from Christie’s International Real Estate, launch a rebrand and promote former COO Michele Harrington to CEO, Inman has learned exclusively. Continue reading

The activity with best ROI? It’s old-school networking, Intel poll shows

Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time. Continue reading