Monthly Archives: April 2024

Zillow to offer short-term ‘non-exclusive’ touring contracts

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The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements. Continue reading →

Mortgage tech provider Blend gets $150M private equity cash injection

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The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021. Continue reading →

Court grants preliminary approval of settlements with firms in Gibson

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The court has granted plaintiffs’ motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman in the Gibson commission lawsuit. Continue reading →

EXp Realty promotes Kendall Bonner to VP of industry relations

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A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage’s industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa. Continue reading →

EXp eyes growth with leadership team shuffle

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The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage. Continue reading →

Joan Didion’s former NYC apartment sells for $5.4M

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The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988. Continue reading →

Distress in office sector climbs to 12-year high, new report says

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Over $38 billion in office buildings show signs of distress in downtowns across the nation as the sector continues to struggle through the high rate environment. Continue reading →

KW CEO predicts downfall of indie model amid NAR settlement

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Keller Williams president and CEO Mark Willis sat with Real Estate News to talk about his return to the Texas franchiser and how commission lawsuits could spark a new wave of brokerage and agent consolidation. Continue reading →

Ocwen agrees to settle decade-long suit over BPO, valuation fees

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Up to 330,377 homeowners from whom Ocwen collected mortgage payments could be eligible to claim refunds of $60 per broker price opinion and $70 per hybrid valuation Continue reading →