Tag Archives: Industry News

Fire-ravaged California will recover — but it will take time

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California communities devastated by ongoing wildfires will recover. But in the meantime, they may be in for more pain as the destruction cascades across local markets. Continue reading →

Xavier Dean Realty launches with 100% commission model

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Dean Aguilar, the CEO behind a San Diego real estate team, is starting a new remote-working, 100 percent commission model brokerage in the city. Continue reading →

EXp scores record revenue in Q3, beating consensus

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The company — which provides associates with equity and also keeps costs low without any official bricks-and-mortar offices, instead gathering agents and brokers in its game-like, online virtual 3D environment eXp World — also reported a gross profit o… Continue reading →

Are Zillow’s Premier Agent changes working for agents?

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Since Zillow rolled out updates to its Premier Agent program in April, agent advertiser churn has been an issue, according to Zillow Group CEO Spencer Rascoff. Continue reading →

Study: 90% of consumers used an agent in 2018

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That’s the highest rate of consumers using an agent since the report’s inception in 2001 (when 81 percent of consumers used an agent) and a 5 percentage point increase from the last REAL Trends consumer study in 2014 (85 percent). Continue reading →

Compass acquires D.C. indie Wydler Brothers Real Estate

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Compass is acquiring the Washington D.C.-based Wydler Brothers Real Estate, the New York City-founded real estate brokerage confirmed to Inman. Continue reading →

1 realtor lost 2 homes in California as deadly wildfires continue

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A Beverly Hills-born Realtor with a portfolio of multimillion dollar luxury listings is struggling after not one, but two of his homes were destroyed. Continue reading →

California Attorney General warns of price-gouging amid fires

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State law specifically prohibits charging a price that exceeds, by more than 10 percent, the price of an item prior to the declaration of a state emergency. Continue reading →

Realogy executive asks for help finding missing 15-year-old son

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Thomas Kolding, 15, of Mountain Lakes, New Jersey, has been missing since October 30, according to the New Jersey State Police Department. Continue reading →

60-year-old Realtor arrested after stealing money from open house

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Connecticut Realtor Darcy Allison Sledge turned herself in to police last week on an active arrest warrant after a surveillance camera captured her swiping cash from an open house. Continue reading →