BoomTown is dealing with a service outage. Now agents want answers

Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman. Continue reading

NAR President Kevin Sears sells brokerage to Anthony Lamacchia

Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week. Continue reading

President Kevin Sears pulls back curtain on changes ahead for NAR

On the “Real Estate Insiders Unfiltered” podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead. Continue reading

Real Brokerage agrees to pay $9.25M to settle commission suits

The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading

The NAR settlement would bring ‘significant benefits’ to buyers: CFA

That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says. Continue reading

Kentucky, W. Virginia move to ban exclusive, right-to-list agreements

New laws enacted to prevent the use of Non-Title Recorded Agreements for Personal Services — or NTRAPs — are sweeping the nation as critics decry alleged deceptive and predatory practices. Continue reading

Pacaso is now offering shares in homes for as little as $130K

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers. Continue reading