Decline in NAR membership, long expected, hasn’t materialized yet

With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story. Continue reading

Compass CEO Robert Reffkin: Zillow will be the national MLS

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading

Brokerages expect rates to drop. Their clients bank on the opposite

Potential real estate clients are growing less responsive to mortgage-rate dips, one of several key takeaways from the results of the latest Inman-Dig Insights consumer survey. Continue reading

It’s wild out there. Time to rest, renew, reset: The Download

With professional, political and personal struggles on all sides, let’s take a break with some feel-good, self-care, positive-thinking resources. Continue reading

Side files restraining order against Alexander brothers in new action

The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at “dissipating the assets.” Continue reading

Wendy Davis joins Coldwell Banker Realty as branch manager

Davis and her team, the Wendy Davis Group, join the firm from eXp Realty. Davis will manage operations at Coldwell Banker Realty’s Sherman Oaks and Studio City offices. Continue reading

Fathom Holdings’ revenue drops 10% as market challenges linger

The company’s Q3 revenue clocked in at $83.7 million while net losses rose to $8.1 million as Fathom faced an uncertain market and dealt with expenses related to a $3 million NAR settlement contingency. Continue reading

EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading