Median existing-home price sails to record high

The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors. Continue reading

Dueling NAR and REX op-eds hint that DOJ will target commissions

National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading

Redfin’s head of industry relations moves to Realogy

In her new role, former Redfin Head of Industry Relations Caitlin McCrory will lead Realogy’s industry advocacy and strategic policy efforts. Continue reading

Zillow, NAR formed ‘group boycott’ to enforce commission rule: REX

On Monday, REX alleged that the National Association of Realtors and Zillow use NAR’s segregation rule to hinder competitors who don’t comply with NAR’s commission rule. Continue reading

3 ways Biden could change real estate

Real estate experts share how President Biden’s latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits. Continue reading

4 new agent success tips from seasoned experts

From sourcing out a mentor to nicknaming properties, eight industry professionals reveal how new agents can hit the ground running and set themselves up for long-term success. Continue reading

Updater acquires on-demand moving service Dolly

Moving and relocation app Updater has acquired Dolly, an on-demand local moving and delivery service, for an undisclosed price, the company announced this week. Continue reading

DOJ hints NAR’s pocket listing policy may be in its crosshairs

Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading

Zillow, NAR slam REX’s alleged use of antitrust as a business strategy

Real estate giants Zillow and the National Association of Realtors are attempting to get an antitrust lawsuit filed by REX Real Estate tossed, hitting back against the discount brokerage’s allegations that it is the target of an illegal boycott. … Continue reading

Developers are betting big on these 10 housing markets

A new realtor.com study looked at the 100 largest U.S. metros to find out where land prices have risen the most since the onset of the pandemic. Continue reading