MLS PIN pushes back against DOJ in advance of settlement hearing

The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading

Leaders foresee opportunity in wake of antitrust commission suits

Leaders at last week’s Inman Connect New York were more upbeat than they were a year ago, and suggested that for all of last year’s tumult, the best agents might just thrive in real estate’s new normal. Continue reading

Agents embrace private listing networks. Consumers? Not yet

Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said. Continue reading

‘If you’re a Realtor, you can’t be a NIMBY’: Joe Rand on affordability

Joe Rand, of Howard Hanna | Rand Realty, and Sean Roberts, CEO of Villa, advocated for the acceptance of smaller homes built off-site as a solution to the inventory crisis. Continue reading

Shifting ground rules driving real estate brokerage consolidation

As the industry continues to evolve, smaller brokers are going to need to think about how to increase profitability, and that often requires scale, said BHGRE President Ginger Wilcox. Continue reading

71% of real estate agents didn’t close any deals last year

At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading

Nykia Wright vows transparency, turnaround as NAR chief executive

During her first appearance at an Inman Connect event, Wright said she previously brought another entity back “from the brink of extinction and irrelevance” and will now do the same at NAR. Continue reading

Real estate lawyers take big stand against agent commission sharing

CRMLS General Counsel Ed Zorn and Leading Real Estate Companies of the World Chief Legal Officer Jessica Edgerton warned agents not to fall back on old practices, like sharing commissions. Continue reading

Real estate is not broken: Anywhere’s Sue Yannaccone

Zillow’s market cap may be 50 times bigger than the franchise giant’s, but that doesn’t mean traditional industry players need to make a “fundamental pivot,” the CEO tells Brad Inman. Continue reading

DelPrete: Guard yourself against ‘propaganda’ in real estate data

The real estate tech strategist laid out how companies often use accurate data to present skewed conclusions — and what real estate professionals can do to spot it. Continue reading