Former Zillow CEO Spencer Rascoff says CoStar is ‘rooting for chaos’

The CEO-turned-proptech investor warns a government probe into cooperative compensation between agents could be a “black swan” event that benefits CoStar. Continue reading

Portland is losing rentals. Realtors say rent control may be to blame

A new study found Portland lost 14 percent of its single-family rental stock in recent years following adoption of tenant protection laws. Continue reading

Unproductive agents, homebuyer sentiment, power buyers: Inman’s Top 5 stories of the week

Looking for a quick catch-up on the buzziest stories of the past seven days? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Continue reading

Los Angeles agent Carl Gambino moving New York team to Compass

Carl Gambino, who has advised 2 of the 3 Jonas Brothers as well as Alex Rodriguez and Jennifer Lopez, is signing on with Compass in New York and leaving the Modlin Group, it was announced this week. Continue reading

Sotheby’s International Realty CEO on topsy-turvy COVID-era market

Ahead of Inman Connect New York, Sotheby’s International Realty CEO Philip A. White, Jr. spoke about the recovery of the high-end real estate market and other surprises. Continue reading

Homie to expand Power Buyer program amid surge in demand

The expanded program and a new buy-before-you-sell offer will be unveiled in Colorado and Utah in the next two weeks, followed by Arizona, Nevada and Idaho, executives told Inman exclusively. Continue reading

Inman names Emily Paquette as new CEO of company

Emily Paquette, who previously served as chief revenue officer, is taking over from Josh Albertson, who helmed Inman for five years. Continue reading

Former BoxBrownie director to lead NAR tech accelerator in Australia

Peter Schravemade will serve as managing partner of REACH Australia, a program run by the National Association of Realtors’ Second Century Ventures. Continue reading

Cornerstone latest lender to take mortgage loan servicing in-house

In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home. Continue reading

What economic shocks are in store for the housing market? The Real Word

This week: Byron Lazine and Nicole White examine higher interest rates and their market impact, the average number of offers written per sale according to a new study and value-added home improvements. Continue reading