Tag Archives: News Brief

Compass rolls out second-home-focused network for agents

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Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes. Continue reading →

Choosing these paint shades could cost homesellers thousands

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While a new coat of paint can transform a home, it can also work against you if the colors don’t resonate with potential buyers. According to a report from Fixr, the 2024 paint color trends are in, and listing agents are weighing in on how certain hues… Continue reading →

Zillow predicts 2025 home trends: A blend of sustainability and tech

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As the new year approaches, bringing fresh resolutions, it also ushers in innovations poised to shape modern homes. In a recent report, Zillow shared data-driven predictions for trends that will blend technology with comfort, sustainability and climate… Continue reading →

Group investing solution Fractional raises $15M

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Fifth Wall led Fractional’s funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives. Continue reading →

Casa Encantada megamansion sees $30M price cut to $165M

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Described by Compass agent Josh Flagg as “one of the finest residences in the United States” in a statement obtained by the New York Post, the home certainly lives up to its reputation. It spans 40,000 square feet across 60 rooms, including 7 bedrooms … Continue reading →

North Dakota voters reject plan to eliminate property taxes

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State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might benefit from reform, eliminating it e… Continue reading →

EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

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The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading →

Weichert follows eXp Realty’s lead in settling commission lawsuits

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Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading →

Douglas Elliman sees revenue inch upward after tumultuous Q3

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New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a “new era.” Continue reading →

Renter households surge as homeownership costs climb

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Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis. Continue reading →