Zillow sees Q3 revenue dip, but manages to significantly trim losses

The company brought in $483 million in revenue and suffered a loss of $53 million — an improvement over the Q3 2021 losses of $329 million, according to quarterly earnings results Wednesday. Continue reading

Finance of America refugees land at Hallmark Home Mortgage

Hallmark is positioned to become one of the top 100 mortgage lenders with expansion into Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas. Continue reading

Rent.com develops program to help clients trend on TikTok

Rent describes the solution as turnkey, fully managed and a way to convert existing marketing content on the Rent network into dynamic, digital branding messages. Continue reading

Airbnb pledges to make prices more transparent following strong Q3

High average daily rates helped spike Airbnb profits during the third quarter. But the company is preparing to roll out changes to make its prices clear, add competition among hosts. Continue reading

Compass agrees to waive broker fees for NYC Section 8 renters

Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York’s Attorney General, as part of the new terms to an April housing discrimination settlement. Continue reading

Opendoor lays off 18% of workforce ahead of Q3 earnings call this week

The cuts affect approximately 550 people, Opendoor CEO Eric Wu said in a blog post Wednesday, and come amid a worsening housing market that has forced layoffs across the real estate industry. Continue reading

Is ‘The Watcher’ back? Police have visited NJ home 58 times since 2019

Police have been called to the notorious Westfield home nearly 60 times since July 2019, a new report claims. But call logs suggest the supposed stalker hasn’t been at the center of the complaints. Continue reading

Deal falling apart? 10 solutions to keep things moving forward

In today’s complex market, it takes give-and-take on both sides of the transaction to make sure you get to the closing table. Broker Cara Ameer offers 10 solutions to keep a deal moving forward, no matter what the market throws at you. Continue reading