Owners of Marilyn Monroe house sue LA over demolition

The lawsuit filed last week alleges that the city of LA took part in “backroom machinations” in order to landmark a house that does not meet criteria for status as a historic cultural monument to “arrange the desired outcome.” Continue reading

US home prices rise in 93% of all housing markets in Q1, NAR says

Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday. Continue reading

Members of SFAR have a new AI productivity Sidekick

Sidekick was developed by San Francisco-based boutique brokerage Avenue 8. It primarily uses a text interface to send commands to retrieve data, execute tasks and in many ways, function as a common, “visual” interface would. It’s now offered to members… Continue reading

NAR commission settlement rules will go into effect in August

The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading

Supra One aims to evolve the way homes are shown

Supra One is “all-new” and fully integrated with the company’s home showing system, a product that allows for simple online home tour scheduling, access details, collaboration features, ongoing showing insights, agent name and concise calendar manageme… Continue reading

RE/MAX revenue drops for 7th consecutive quarter

Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts’ expectations for revenue to fall by 9.5 percent. Continue reading

HomeServices hit by buyer commission lawsuit in Florida

The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading

Largest minority and women-owned brokerage in US joins Real

The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023. Continue reading

Local Logic fine-tunes home search with new NeighborhoodMatch tool

The local intelligence company’s latest tool automatically surfaces locations for homebuyers based on the homes they’re already scrolled, offering an alternative to traditional search tactics. Continue reading