Zillow calls Chicago’s Private Listing Network a ‘hidden listing scheme’

Zillow delayed the rollout of its ban on privately marketed listings in the nation’s third largest market, but the portal appears ready to crack down on widely used Private Listing Network. Continue reading

It’s ‘difficult’ for buyers ‘to negotiate lower commission rates,’ watchdog says

The Consumer Policy Center says that buyer’s agents have learned to hedge against the newfound ability of buyers and sellers to negotiate rates. Continue reading

Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs

CEO Jeremy Wacksman told Inman the portal is focused on “ourselves and what we can control.” Zillow also said Thursday that 80 percent of home transactions involve one of its products Continue reading

AI expert: Agents must harness AI or be replaced by those who do

The time is now to use existing artificial intelligence to your advantage, Kevin Hawkins writes in his new book. “You don’t have to worry about AI replacing you. You have to worry about agents using AI replacing you.” Continue reading

Which US cities are the most house poor? (And which are the least?)

U.S. Census data highlights which housing markets see homeowners spending the largest (and smallest) portions of their monthly income on housing. Continue reading

Compass pulls Redfin into its Zillow private listing lawsuit

Redfin has put its private listings ban on an indefinite hold. Still, Compass wants documents related to the real estate search portal’s previously announced ban. Continue reading

More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move

Economists with the mortgage giant shared a glimmer of good news for real estate professionals in a pair of new forecasts. Continue reading

CoStar reaches agreement with CRMLS, keeping access to data

Homes.com won’t lose access to real estate listing data from the California Regional Multiple Listing Service after all. Continue reading

Is the ‘proptech winter’ ending? This is what investors are watching

Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging. Continue reading