‘NAR needs to get out of the MLS business’: Windermere’s Jacobi

MLSs are just too important to the health of the industry, and to the homebuying and selling process, to keep them under NAR’s control, Windermere co-President OB Jacobi writes. Continue reading

Judge whittles down Howard Hanna real estate commission lawsuit

No evidence of “horizontal agreement” among real estate brokerages to inflate commissions, but judge will hear arguments alleging a “vertical antitrust conspiracy” with NAR. Continue reading

It’s not just KW! Compass was hit with a telemarketing lawsuit, too

A renter outside Portland, Oregon, sued Compass this week, saying its agents contacted her despite her phone being on the National Do Not Call Registry and multiple requests to stop calling. Continue reading

The spring sizzle fizzles: Economic jitters chill buyer demand

Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… 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

Evergreen Home Loans pursuing national expansion strategy

Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development as it continues to expand beyond its roots as a regional independent mortgage bank. Continue reading

Majority of agents field multiple recruitment calls every year: Poll

Nearly 85 percent of agents who responded to a recent Intel Index survey said they field multiple inquiries each year, with 16 percent of those saying the calls are coming as frequently as once a week. Continue reading

FirstTeam kicks off nationwide expansion in Idaho and Washington

FirstTeam Real Estate, an independent brokerage with roots in Southern California, is taking its success nationwide. The firm recently announced the launch of its nationwide expansion, starting with new offices in Idaho and Washington. More markets are… Continue reading

Realoq deploys RE-Engage to reanimate dormant business

The AI-driven solution “automates follow-up messaging, allowing real estate professionals to re-engage previously unresponsive prospects effectively.” Continue reading

Caution! 3 ways your buyer’s love letter could violate Fair Housing

Jonathan Pressman offers real-world examples of the way buyer love letters can violate fair housing, along with fixes to help your clients write right. Continue reading