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

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

EXp streamlines ExpressOffers iBuyer program with Opendoor deal

Opendoor is now the primary cash offer solution behind eXp’s ExpressOffers platform. Agents will soon be able to request a cash offer on qualified properties directly through an eXp dashboard. Continue reading

CoStar’s Homes.com beats Redfin, Realtor.com to become No. 2 portal

In a sign of the listing portal’s growing influence, Homes.com hit more than 100 million unique visitors in September, sparking a 1,290 percent annual increase in traffic. Now the portal is second only to Zillow. Continue reading

Nantucket home sells to Barstool’s Dave Portnoy for record $42M

Portnoy’s waterfront home purchase set a new record for Nantucket and the state of Massachusetts. The estate features a main house, guest house and studio that are connected by an underground tunnel. Continue reading

Mauricio Umansky survives week 1 of ‘Dancing with the Stars’

The Agency’s CEO was not a top scorer during his debut appearance on the competitive dance reality series, but the judges seemed excited by his enthusiasm, and Umansky scored well enough to avoid elimination. Continue reading

Hollywood’s top 35 luxury real estate agents, revealed

It takes a highly qualified real estate agent to perform at the level that some of the world’s wealthiest celebrities demand. Here are the top ones serving Hollywood, according to “The Hollywood Reporter.” Continue reading

Actually Agents teams up with BAM, formerly Broke Agent Media

After years of mutual admiration and some friendly competition, two of the biggest real estate humor brands have decided to join forces at BAM. Continue reading

Compass adds 2nd office to Kansas City metro area

The new office is located on the western edge of Country Club Plaza and is easily walkable from some of the neighborhood’s premier hotels, restaurants and high-end shops. Continue reading

Glenn Kelman sees silver lining in sales spiral: ‘It can’t go much lower’

Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time. Continue reading