Stakes are incalculable for NAR as bombshell commission trial looms

Next week’s long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate’s most powerful trade organization as it navigates a series of existential challenges. Continue reading

Institutional investors warming up to home equity agreements

DBRS Morningstar’s rating of $224M securitization by Unlock and Saluda could boost investor appetite for agreements that let homeowners cash out equity in exchange for a stake in their home. Continue reading

After Inman Connect chat, Troy Palmquist lands big role with eXp

Palmquist joined eXp’s Michael Valdes on stage to talk recruitment at ICLV over the summer. Now, he’s taking his 30-member team to eXp as the brokerage’s new director of growth for California. Continue reading

After Inman Connect chat, Troy Palmquist lands big role with eXp

Palmquist joined eXp’s Michael Valdes on stage to talk recruitment at ICLV over the summer. Now, he’s taking his 30-member team to eXp as the brokerage’s new director of growth for California. Continue reading

After Inman Connect chat, Troy Palmquist lands big role with eXp

Palmquist joined eXp’s Michael Valdes on stage to talk recruitment at ICLV over the summer. Now, he’s taking his 30-member team to eXp as the brokerage’s new director of growth for California. Continue reading

What Moves Her brings ‘Balance Blueprint’ campaign to industry

Amidst an industry in turmoil, the real estate female empowerment and advocacy organization has launched a new campaign to “spur action on behalf of women in real estate.” Continue reading

Better executives stand to collect up to $17M in ‘DeSPAC’ bonuses

The mortgage lender said $100 million in retention bonuses were distributed to employees in April, as promised, including $50 million from Better co-founder and CEO Vishal Garg’s personal equity. Continue reading

CoStar’s Homes.com beats Redfin, Realtor.com to become No. 2 portal

In a sign of the listing portal’s growing influence, Homes.com hit more than 100 million unique visitors in September, sparking a 1,290 percent annual increase in traffic. Now the portal is second only to Zillow. Continue reading

Redfin leaves NAR — and calls on its brokers and agents to follow suit

In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR’s harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships. Continue reading

CoStar lawsuit accuses Homesnap founder of stealing trade secrets

The commercial real estate giant is seeking to stop Homesnap founder Guy Wolcott from marketing a new data-transfer platform, which CoStar alleges is “a copycat” of its own tech. Continue reading