ICE on a signing spree for new ‘mortgage tech ecosystem’

In pursuit of a bigger slice of an estimated $14 billion market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and four new servicing clients. Continue reading

Realty One Group promotes 5 women into leadership roles

The strategic promotions will help “drive the next era of Realty One Group’s unprecedented global growth,” as the franchiser continues its quest to grow to 30,000 agents. Continue reading

Redfin expands new compensation plan to 7 more markets

Seattle-based brokerage Redfin has expanded its commission-based payment model, Redfin Next, to agents in Chicago, Connecticut, Dallas, Miami, New York, Palm Beach and Washington, D.C. Redfin execs said Redfin Next will help them navigate market “ups a… Continue reading

$3M deal goes up in flames after agent open house mishap

A Sydney listing agent accidentally burned down her client’s $3 million home. Five years after the accident, her broker has been ordered to pay $850K in damages. Continue reading

Existing-home sales rose 9.5% amid winter inventory boost

Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading

We asked ChatGPT about agent value. Its answers may surprise you

ChatGPT answered questions about the value a real estate agent has and about how real estate commissions work. Do you agree with its answers? Continue reading

MLS PIN, Nosalek plaintiffs seek to delay DOJ response after NAR deal

They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. Continue reading

Realtor.com announces the ‘Best Day to Sell’ for 2024

Listing agents have less than a month to prepare homesellers for the spring housing season, according to Realtor.com’s annual “Best Day to Sell” analysis, published on Thursday. This year, the portal says the week of April 14 is the best time to close … Continue reading

Broker Spotlight: Mark McDonough, BHGRE Winans

Find out how this broker-owner left his role as a marketer for brands like Patron Tequila, the Dallas Mavericks and SMU Athletics to lead — and grow — a real estate company. Continue reading