Don’t @ me: @properties sues @mortgage, alleges ‘free riding’ on brand

Alleging “free riding” on brand, real estate brokerage @properties seeks injunction and payment of profits gained through alleged “unlawful conduct” against digital mortgage rival. Continue reading

Why the nation’s largest MLS is declaring Saturday a work day

In a bid to close a pocket listing loophole, CRMLS created the change to prevent agents who publicly advertise a listing on a Friday from waiting until Monday to submit it to the MLS. Continue reading

Landlords are waiting months for pandemic rental assistance

State and local governments are overwhelmed by the task of launching programs to review thousands of applications from renters and landlords. Continue reading

Agents get an average of $12,500 in forgivable PPP loans: MooveGuru

MooveGuru, a company that works with brokerages and agents to help buyers and sellers move, wants agents to know they can still apply for a forgivable loan under the federal Paycheck Protection Program through May 31. Continue reading

Miami MLS, Rental Beast partner to help agents amid housing shortage

The Miami Association of Realtors has teamed up with Rental Beast, an all-in-one online rental listing service, to help its agent and broker members do business amidst a severe housing shortage. Continue reading

Howard Hanna sues Compass, alleges theft of agents and trade secrets in lead up to Compass’ IPO

In a new lawsuit, Pittsburgh-based Howard Hanna alleges Compass aided and abetted three former Howard Hanna agents to breach non-compete, non-solicitation and confidentiality provisions in the agents’ contracts and steal the brokerage’s trade secrets. Continue reading

Luxury short-term rental unicorn Sonder in merger talks with SPAC

Luxury short-term rental startup Sonder is in talks to merge with blank-check company Gores Metropoulos II Inc. The deal would value the combined company at more than $2.5 billion. Continue reading

HUD sends $690M to states for affordable housing

The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading