LeadingRE retracts support of NAR listing attribution proposal

Independent brokerage network Leading Real Estate Companies of the World is retracting its support for a listing attribution policy proposal under consideration at the National Association of Realtors. Continue reading

‘Zillow, it’s not me, it’s you’ Part 2: Premier Agent leads are weak

“Zillow, please understand that the magic is gone for me and for many other agents who trusted and partnered with you for years,” writes agent Meg Jones Mullin in a follow-up to her break-up letter with Zillow. She and other agents sound off about how … Continue reading

Multiple law firms investigating Zillow for potential securities fraud

The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow’s announcement that it will end its iBuying business. Continue reading

RE/MAX urges NAR to reject listing attribution proposal entirely

The real estate franchisor says giving the listing brokerage equal billing would cause consumer confusion. Continue reading

Tennessee MLS Realtracs debuts new showing service

Realtracs Showings comes amid an ongoing race to build alternatives to ShowingTime, which Zillow acquired earlier this year. Continue reading

Seasonality is back, iBuying is alive, and other big earnings takeaways

This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading

Offerpad sees surging growth in Q3 across revenue, profits, homes sold

The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working. Continue reading

Compass sees both revenue and losses rise in 3rd quarter

The brokerage brought in $1.74 billion between July and September, but also lost $100 million — way up from both last year and one quarter earlier. Continue reading

EXp founder Glenn Sanford: ‘Zillow turned their tail and ran’

Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying. Continue reading