Tag Archives: Competition

Competition declines for second straight month, report finds

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The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading →

Appeals court deals blow to NAR, allows pocket listing suit to continue

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Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading →

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

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As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading →

The real reason sellers shop by lowest commission

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A homeowner who’s shopping based purely on price isn’t convinced that real estate agents are worth the money, which is why it’s so important that we show them why they are. Here’s the best way to approach the conversation. Continue reading →

7 ways to market your new listing for FREE

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Want to stand out from the competition and win the listing? To maximize the probability that you will get the listing, include these strategies in your marketing plan. The best part? They’ll cost you absolutely nothing. Continue reading →

NAR president to DOJ: Step up and honor the agreement

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In response to the Department of Justice hitting back against a petition from the National Association of Realtors, NAR president Charlie Oppler urged the DOJ to honor their agreement, calling for fair markets, fair housing and a fair chance for small … Continue reading →

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

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Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022. Continue reading →

Zillow Housing Hackathon winners create renter affordability app

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The HBCU Housing Hackathon was a seven-day virtual competition to challenge students to create and pitch tech solutions to help consumers overcome obstacles in finding a home. The winning team was from Morehouse College. Continue reading →

Zillow, ShowingTime and why lack of competition kills customer service

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The Zillow-ShowingTime deal is what a modern-day monopoly might look like. As fewer companies dominate the scene and own the software it takes to run a real estate business, prices will go up while customer service and innovation decline. Continue reading →

The homebuyer in 2021? Middle-aged, married and college educated

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Zillow Group’s 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years. Continue reading →