CoStar Group tallies Q1 revenue growth on success of Homes.com

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net … Continue reading

UHM revamps leadership team to support growing national footprint

Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it’s got a new divisional leadership structure to support its “rapidly expanding, nationwide footprint.” Continue reading

Big Florida real estate brokerage is selling its mortgage division

First Federal Bank continues expansion of its nationwide mortgage lending operations with deal to acquire Watson Mortgage Corp. and investments in digital solutions. Continue reading

Will lawsuits end 6% commissions? Probably not, 1 law professor says

A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading

Ohio multiple listing service MLS Now appoints new CEO

Garry Marsoubian previously held a leadership position at Bright MLS and has experience working with multiple listing services’ data and technology. Continue reading

Compass acquires 3,100-agent Gulf Coast giant Latter & Blum

Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time. Continue reading

Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital

Founded as Daily AI, Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella. Continue reading

Title underwriter TRG inks $85M merger deal to take Doma private

If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma’s outstanding shares at 38 percent premium of $6.29 per share. Continue reading

T3 Sixty nixes this year’s Mega 1000 list in wake of NAR settlement

The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading