RE/MAX and eXp Realty settle their recruitment lawsuit

RE/MAX had sued eXp Realty earlier this year over claims the latter company improperly solicited RE/MAX franchisees, and that it misrepresented RE/MAX’s commission splits. Continue reading

Cash offer startup Accept.inc raises $90M in funding round

The fintech mortgage lender plans to use the funds to scale the company’s platform, double its team and expand into new markets. Continue reading

‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

A new Redfin report found that homes in some of America’s largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend. Continue reading

Nearly half of US homes are selling ridiculously fast, less than a week

In April, 47 percent of homes for sale in the U.S. went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas. Continue reading

Offerpad: Sellers can stay in homes up to 60 days after closing

To help alleviate the stress of selling, Offerpad will now give sellers the option of remaining in a home up to 60 days after closing escrow. Continue reading

Compass brings on No. 1 Vail agent, Tye Stockton

Stockton and his five-person team have moved over to Compass from Ascent Sotheby’s International Realty, the brokerage announced on Thursday. Continue reading

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading

‘I don’t want to evict anyone’: 3 investors on how COVID-19 has impacted them

Small-time real estate investors in Atlanta, Denver and Knoxville share how they’re balancing their financial security while caring for tenants. Continue reading

US property taxes increased to $306.4B in 2019

The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading