EXp, Weichert win preliminary commission settlement approval

The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal. Continue reading

Q1 not so bad after all, nCino says in surprise sneak peek at earnings

In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8 million in restricted stock awards granted to five top executives over the past three years. Continue reading

Zillow provides clarity on private listings rule — and when it rolls out

Zillow will send warnings about non-compliant listings beginning May 28, but enforcement won’t start until June 30. Agents will receive two warnings before their third non-compliant listing is blocked, executives said. Continue reading

Lone Wolf Technologies to wind down popular LionDesk CRM

Lone Wolf began notifying customers of the popular customer relationship manager software’s imminent shutdown “a few weeks ago,” Lone Wolf CEO Jimmy Kelly told Inman exclusively. Continue reading

Redfin shareholder sues for more information on Rocket merger

Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor’s potential conflict of interest before June 4 merger vote. Continue reading

Fathom Realty CEO says company will be ‘EBITDA positive’ in Q2

New Elevate program providing “concierge-level services” to agents is off to such a strong start that Fathom will temporarily suspend guidance while it reworks 2025 forecast. Continue reading

Texas governor attempts to squash Muslim residential development

On Sunday, Texas Governor Greg Abbott announced that he’d halted development on a Muslim mixed-use project in Plano due to several alleged violations. However, the developers said Abbott’s investigations are unfounded and rooted in Islamophobia. Continue reading

Could tariffs hammer the potential upside of pre-sale renovations?

As if listing agents don’t have a hard enough time getting sellers to make a few market-friendly improvements to their home, reports from the construction industry suggest the Trump administration’s tariff policy is going to raise the hurdle even highe… Continue reading

Rocket says it could close Redfin acquisition as soon as this quarter

Home loan giant boosts Q1 mortgage production by 7 percent, to $21.6 billion, says Redfin and Mr. Cooper acquisitions remain on track to close this year. Continue reading

Investors cheer as Guild grows Q1 mortgage originations by 35%

Shares in Guild Holdings gain 10 percent as investors recognize $23.9 million net loss for the quarter was driven by a $70 million writedown in the fair value of Guild’s mortgage servicing rights portfolio. Continue reading