Zillow is taking down images at the center of CoStar’s copyright lawsuit

Homes.com parent CoStar sued Zillow in July over what it described as “systematic infringement” of copyrighted images. Zillow has yet to formally respond, but has started taking the images down. Continue reading

What luxury buyers want today, according to the experts

C-Suite executives from Douglas Elliman, Engel & Völkers and Sotheby’s International Realty discuss what buyers are looking for today in a panel conversation at Luxury Connect. Continue reading

Homesellers fight to keep legal battle with eXp, Weichert alive

The real estate brokerages want to pause a commission case known as Gibson while they wrap up a different lawsuit. But the Gibson homeseller plaintiffs don’t want their case put on ice. Continue reading

Opendoor planning reverse stock split in face of delisting threat

Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must meet to avoid delisting. Continue reading

NAR overturns ‘no-commingling’ rule in Executive Committee vote

The committee opted to rescind the controversial “no-commingling” policy on Wednesday, one day after NAR’s Multiple Listing Issues and Policies Committee voted to scrap it amid DOJ scrutiny. Continue reading

NAR considers Code of Ethics changes regarding speech

The changes would offer a specific definition of “harassment” and aim to reduce liability. The prospect of change comes as Texas lawmakers consider a bill that could conflict with current NAR rules. Continue reading

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

Real estate agent commissions are not falling off a cliff

A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year’s NAR rules have had minimal impacts on agent pay. Continue reading

Dueling with dual agency in the age of private listing networks

Is dual agency fair to buyers, sellers and agents? In the age of private listing networks, Spencer Krull writes, it’s worth examining who the practice benefits. Continue reading