Zillow posts net loss of $67.5M, exceeds revenue expectations

In its first quarter 2019 earnings report released on Thursday, Seattle-based Zillow Group, the operator of listing portals Zillow, Trulia, StreetEasy and RealEstate.com, posted a net loss of $ 67.5 million in the first quarter and announced the expans… Continue reading

My Florida Regional MLS rebrands as Stellar, seeks to buck the norm

The third largest MLS in the nation, which is also the largest MLS in Florida at 58,000 subscribers, will relaunch under the new name on June 4. Continue reading

NAR fights back as buyer broker commission lawsuits pile up

An ever-increasing number of law firms are lining up to attack the real estate industry practice of sharing sales commissions between listing agents and buyer’s agents, but the National Association of Realtors is fighting back. Continue reading

Mega MLS gets boost from AI, team features

Midwest Real Estate Data (MRED) is set to become the first MLS in the nation to launch artificial intelligence-based compliance and listing input tools from tech startup Restb.ai for its more than 45,000 subscribers. Continue reading

Realtor.com operator Move Inc. latest to be hit with ADA lawsuit

A legally blind consumer has filed a federal civil rights lawsuit against News Corp. subsidiary and realtor.com operator Move Inc., alleging the company’s websites discriminate against people with visual disabilities. Continue reading

Houlihan Lawrence attempt to toss dual agency lawsuit fails

New York’s highest state court is allowing a lawsuit against real estate brokerage Houlihan Lawrence to move forward, saying that establishing informed consent to dual agency requires more than a consumer’s signature on a disclosure form. Continue reading

HomeSmart’s new website serves up listings from wherever you go

When the listing agent is not a HomeSmart agent, users receive the property info they requested as well as contact information for the HomeSmart office closest to the listing. The office manager then distributes to lead according to internal business r… Continue reading

Back from the dead: Zillow kickbacks lawsuit returns

According to the court filing, the plaintiffs made their case in part through the testimony of two anonymous witnesses who used to work for Zillow as a regional sales manager and a sales and operations trainer, respectively. Continue reading

Broker sues Sotheby’s rival for ‘cybersquatting,’ theft of name

If you’ve got a name that’s synonymous with your business, it might be a good idea to buy it as a domain name — if only to keep it away from your rivals. Continue reading

Civil rights suit may force Zillow to make websites ADA accessible

Two consumers have filed a civil rights lawsuit against Zillow Group seeking to compel the company to make its websites accessible to people with visual disabilities. Continue reading