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

Leads, conversions and value amid the portal wars: DelPrete

Despite arguments about traffic, industry expert Mike DelPrete writes, the bottom line for the portal wars comes down to revenue. Continue reading

Zillow, not CoStar, is Realtor.com’s biggest competitor, Eales insists

As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY. Continue reading

Filters and links ‘are dead’ in Andy Florance’s portal dream

In his latest Inman Interview, CoStar Group CEO Andy Florance talked about AI transforming residential portals from digital classifieds to immersive, highly-personalized home shopping platforms. Continue reading

Rocket consolidates home search, mortgage with Rocket.com launch

Announced Wednesday, Rocket’s new domain targets high-intent homebuyers by utilizing AI to provide around-the-clock support, answer questions and keep clients and agents informed. Continue reading

Zillow CEO Jeremy Wacksman: ‘Everyone wins’ with CCP in place

In his first Inman Connect appearance since becoming Zillow’s CEO, Jeremy Wacksman talked about the Super App, artificial intelligence and why maintaining Clear Cooperation is what’s best for agents and consumers. Continue reading

Zillow taps Uber executive as vice president of market operations

Former Uber and Expedia Group executive Zuhairah Washington will be tasked with helping lead growth in the Flex and Enhanced Market segments, according to an announcement on Monday. Continue reading

Redfin lays off 46 employees at Seattle HQ

Seattle-based brokerage Redfin has begun the year by laying off 46 employees, including managers in its headquarters, program, and field leadership roles. No agents were part of the layoffs, a spokesperson told GeekWire, which broke the news Thursday a… Continue reading

Move transfers ‘fake leads’ lawsuit to federal court

Move’s counsel filed a Notice of Removal on Tuesday to move the class action suit against it from state to federal court. The lawsuit claims Move knowingly sold unvetted and fraudulent leads to agents through its network. Continue reading

Realtor.com CEO Damian Eales sees a silver lining in portal wars

Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com’s ongoing feud with CoStar. Continue reading