OpenAI leaves San Francisco HQ after Elon Musk stops paying rent

The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI’s headquarters. Continue reading

DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit

“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday. Continue reading

Offerpad CEO on the company’s 4% solution for real estate agents

CEO Brian Bair told National Mortgage News in a recent interview that agents no longer view Offerpad as a threat, noting they can make 4 percent if a client takes the company’s cash offer and the home is updated and resold. Continue reading

In lawns and on key chains, stealth commission offers raise red flags

Images that conceal commission offers, like a “3%” mowed into freshly cut grass, have become a phenomenon on message boards and online residential listings, according to an Inman analysis. Continue reading

In historic first, Nykia Wright named first female CEO of NAR

Wright has served as NAR’s interim CEO since November after she replaced Bob Goldberg. She was instantly thrust into leading an organization in turmoil. Continue reading

NAR interim CEO: Settlement was ‘unequivocally’ the right move

In an interview with NextHome CEO James Dwiggins, NAR interim CEO Nykia Wright urged members to lean back into engaging the 1.5 million-member trade organization Continue reading

Real unveils resources to train agents on settlement changes

Materials include a guidebook on the post-settlement landscape, publicly available training sessions and more ahead of Aug. 17 deadline. Continue reading

The market is harder for millennials than it was for boomers: Report

A new report in “The Wall Street Journal” found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today. Continue reading