NAR has released its NAR Market Statistics Dashboard, a tool that tracks housing and economic trends and provides forward-looking analyses for home sales and pricing activity. NAR will demo the dashboard at its midyear forecast on Wednesday. Continue reading
Portal behemoth Zillow has dropped five new home search, tour and affordability features, with the crown jewel being SkyTour, an aerial tour feature. Continue reading
Mike Simonsen will lead the brokerage’s market analysis and insights efforts. Simonsen stepped down from Altos in May. Continue reading
Compass said it will share its 6,000-plus exclusive listings with brokerages and multiple listing services, as long as they don’t alter or monetize listings — or share listings with platforms that do. Continue reading
Keller Williams VP of Strategic Content Jay Papasan has penned a new, 18-chapter book outlining how new agents can build a lasting sales career. The book is available for pre-sale and will officially debut in September. Continue reading
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies. Continue reading
Revenue grew by 12 percent to $732 million, and the Homes.com salesforce expanded to 370 people on the way to a goal of 500 reps, according to quarterly earnings data released Tuesday. Continue reading
Nearly 70 percent of agents who have purchased portal leads in the past say they no longer buy them, citing “time and money” needed for maximum ROI, according to the latest Intel Index polling data. Continue reading
This week, Zillow Group and Redfin rocked the industry by banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed. The policies, which came two weeks after the National Association of Realtors… Continue reading
The portal is on track to reach co-founder Rich Barton’s $5 billion revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley’s Technology, Media & Telecom Conference. Continue reading