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

Andy Florance: Bombshell lawsuits will upend Zillow’s business model

CoStar CEO Andy Florance dished with Intel about the commission lawsuits, nemesis Zillow and NAR as Homes.com nabbed 100 million unique visitors for the first time ever in September. Continue reading

5 steps to growing a business with video content

Growing your influence and getting your name “out there” in your local market means more than just creating content. It’s also about how you refine and distribute it. Broker Troy Palmquist talks with San Francisco Realtor Brooks Landry about his conten… Continue reading

DOJ intervention puts MLS commission settlement on ice

The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading

Katy Perry’s shady real estate deals inspire new housing legislation

A group that disapproves of Perry’s recent real estate deals is advocating for the launch of the Protecting Elder Realty for Retirement Years Act or the “Katy PERRY Act,” which seeks to put measures in place to limit risks of elder financial abuse. Continue reading

Big Keller Williams franchise group launches mortgage JV with Newrez

One of Keller Williams Realty’s biggest franchise groups, Georgia Legacy Group, has teamed up with national mortgage lender and servicer Newrez to launch a joint venture, Onward Home Mortgage. Continue reading

Trump pricing ploys extreme but familiar, real estate investors say

Penalties tied to Trump’s unscrupulous real estate valuations could skyrocket to $250 million. His legal team dismissed it all as “business as usual.” Investors told Inman it’s more complicated than that. Continue reading

The office market might recover. It just has to crash first, investors say

Seventy-three percent of the more than 900 real estate investors who responded to a recent Bloomberg survey said commercial real estate prices would fall through at least late 2024. Continue reading

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading