Fire-ravaged California will recover — but it will take time

California communities devastated by ongoing wildfires will recover. But in the meantime, they may be in for more pain as the destruction cascades across local markets. Continue reading

Xavier Dean Realty launches with 100% commission model

Dean Aguilar, the CEO behind a San Diego real estate team, is starting a new remote-working, 100 percent commission model brokerage in the city. Continue reading

EXp scores record revenue in Q3, beating consensus

The company — which provides associates with equity and also keeps costs low without any official bricks-and-mortar offices, instead gathering agents and brokers in its game-like, online virtual 3D environment eXp World — also reported a gross profit o… Continue reading

Are Zillow’s Premier Agent changes working for agents?

Since Zillow rolled out updates to its Premier Agent program in April, agent advertiser churn has been an issue, according to Zillow Group CEO Spencer Rascoff. Continue reading

Study: 90% of consumers used an agent in 2018

That’s the highest rate of consumers using an agent since the report’s inception in 2001 (when 81 percent of consumers used an agent) and a 5 percentage point increase from the last REAL Trends consumer study in 2014 (85 percent). Continue reading

Compass acquires D.C. indie Wydler Brothers Real Estate

Compass is acquiring the Washington D.C.-based Wydler Brothers Real Estate, the New York City-founded real estate brokerage confirmed to Inman. Continue reading

1 realtor lost 2 homes in California as deadly wildfires continue

A Beverly Hills-born Realtor with a portfolio of multimillion dollar luxury listings is struggling after not one, but two of his homes were destroyed. Continue reading

California Attorney General warns of price-gouging amid fires

State law specifically prohibits charging a price that exceeds, by more than 10 percent, the price of an item prior to the declaration of a state emergency. Continue reading

Realogy executive asks for help finding missing 15-year-old son

Thomas Kolding, 15, of Mountain Lakes, New Jersey, has been missing since October 30, according to the New Jersey State Police Department. Continue reading