Redfin expands commission-based model in Southern California

Redfin’s new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent. Continue reading

‘Blueprint’ of Berkshire Hathaway, Charlie Munger, dies at 99

Longtime Berkshire Hathaway Vice Chairman Charlie Munger died on Tuesday. Munger was credited with building Berkshire Hathaway into the behemoth it is today, which includes an expansive portfolio of real estate and insurance companies. Continue reading

35% of Americans hope the housing market will crash in 2024

Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading

Homebuyers demand school data. Portals are grappling with the risks

Home-listing portals all rely on the same source for school ratings, which are treated as essential by many homebuyers. If used improperly, critics fear the data could lead to Fair Housing violations. Continue reading

Century 21 CEO Mike Miedler on his ‘relentless’ pursuit of NYC in 2024

The Century 21 president and CEO spoke to Intel about his 25th anniversary with the brokerage, deploying AI to recruit agents and his plan to grow marketshare across New York City in 2024. Continue reading

NAR installs President Tracy Kasper, other leaders for 2024

The National Association of Realtors installed its 2024 leadership after the board of directors meeting during its annual NAR NXT conference. Kasper started her term three months early, after the resignation of former president Kenny Parcell. Continue reading

Mark Willis reclaims the CEO chair at Keller Williams

Mark Willis is Keller Williams’ new CEO, according to an announcement on Wednesday. Willis’ first KW CEO tenure was from 2005 to 2015, and he returned to the company in July as a strategic consultant. Continue reading

NAR NXT: Everything to know as the annual conference begins

The National Association of Realtors’ NAR NXT Conference is gearing up for a week in Anaheim, California. Here’s a rundown of the schedule plus the sessions and events you can’t afford to miss. Continue reading

Realtor.com suffers double-digit drop in quarterly revenue, traffic

Realtor.com parent company Move Inc.’s revenue declined 16 percent to $142 million in the fiscal first quarter. Despite the loss, CEO Robert Thomson remained bullish about the portal’s long-term prospects. Continue reading