Agents storm TikTok with flood of complaints after NAR settlement

Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them. Continue reading

WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

NextHome CEO James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackle NAR’s big settlement. Stream it live, exclusively at Inman. Continue reading

LGBTQ+ Real Estate Alliance launches anti-LGBTQ bill tracker

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

Fathom Realty added 1,425 agents after raising fees last year

Fathom posted a $24 million annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage’s transaction volume dropped less than the industry overall. Continue reading

Title technology provider Doma posts $124M 2023 net loss

CEO Max Simkoff says the company is well positioned to help lenders take advantage of the Biden administration’s push to reduce closing costs for mortgage borrowers. Continue reading

Guild Mortgage shrugs off 2023 loss as it pursues acquisitions

The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss. Continue reading

LoanDepot trims 2023 net loss by 37%, retains ‘strong liquidity profile’

As mortgage rates soared last year, loanDepot saw 2023 loan origination volume plunge by 58 percent from the year before, to $22.7 billion. Continue reading

OJO acquires The LEAD Syndicate, rebrands around Movoto

The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents. Continue reading

Baird & Warner at center of latest commission lawsuit filed in Illinois

Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant. Continue reading