Costanza Zerbi joins eXp Realty, eyes $100M sales target

Top-producing agent Costanza Genoese Zerbi is bringing her Southern California team, Costanza Genoese Zerbi & Associates, to eXp Realty, along with a bold goal: hitting $100 million in sales volume within a year, the firm announced Wednesday. Continue reading

Redfin shareholders approve Rocket merger at special meeting

With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month. Continue reading

Rocket will pay off $4B in Mr. Cooper debt after acquisition

Although Rocket’s plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts said of possible debt rating downgrade. Continue reading

Record $700B worth of listings on market, but sales are sluggish

U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new analysis from Redfin shows. While listings are rising, buyer activity remains muted, leaving many homes si… Continue reading

Rethinking NAR’s speech policy, CCP, settlement: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Condo sales fall to 10-year low amid surge in insurance costs, HOA fees

While home purchases by investors rose 2 percent annually in the first quarter — to 46,726 transactions — condo sales declined by 3 percent, to just 8,509 units, according to data released Wednesday by Redfin. Continue reading

What Disney’s Magic app can teach us about consumer experience

Compliance expert Summer Goralik shares how Disneyland’s digital reinvention reveals what the real estate industry must protect: access, transparency and the power of innovation. Continue reading

Zillow’s clarity, Tutor’s clap back, LionDesk’s closure: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Compass names Lacey Conway executive vice president of M&A

Conway joined Compass last spring when Latter & Blum was acquired by the brokerage and has served as a regional vice president since then. Now she will lead M&A strategy. Continue reading

Redfin says it will begin banning listings in September

Redfin will begin banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed in September. The announcement comes two days after Zillow Group shared its ban timeline. Continue reading