Opendoor, Fathom stocks flirt with $1 threshold — and with disaster

Companies that can’t keep their shares over $1 risk being delisted from the stock market. Opendoor shares crossed that threshold this week, while Fathom crossed it last month. Continue reading

RealPage sues Berkeley, California, over rental algorithm ban

Berkeley passed a local law against rental algorithms last month. RealPage says the rule is unconstitutional and the result of “an intentional campaign of misinformation.” Continue reading

Agents grow more discontented with their profession, and with NAR

A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading

NWMLS fires back at Compass, condemns ‘exclusionary’ tactics

The Washington-based multiple listing service said private listings entrench brokerages as “gatekeepers.” The comments come after Robert Reffkin called out NWMLS on Instagram. Continue reading

Commissions in dollars, not percentages, help consumers

The Consumer Policy Center argues that percentage-based commissions give buyers’ agents a “backward incentive” and that consumers now have a chance to save money. Continue reading

Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows. Continue reading

Real estate’s hottest hookups amid merger mania: The Download

Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead. Continue reading

Compass negotiating to buy Berkshire Hathaway HomeServices

The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. Continue reading

Music City agents sing new tune as Nashville’s rapid growth fuels deals

The pandemic unleashed a growth spurt in Tennessee, with Nashville at the center. Agents and a developer behind Nashville’s tallest building illuminated the market at Inman on Tour this week. Continue reading

Ed Zorn and Phillip Cantrell to agents: Stop sharing commissions

Agents and brokers need to step up by embracing transparency and allowing consumers to negotiate commissions, the duo said during an Inman on Tour panel in Nashville Tuesday morning. Continue reading