Tag Archives: Redfin

Trump announces universal tariffs of at least 10% on most nations

By | | Uncategorized
Comments Off on Trump announces universal tariffs of at least 10% on most nations

Sweeping plan imposes higher duties on “worst offenders” and is in addition to 25 percent tariff on foreign automobiles slated to take effect April 3. Continue reading →

Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance

By | | Uncategorized
Comments Off on Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance

Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company’s main line of business could shrink by as much as 7 percent this year. Continue reading →

Agents grow more discontented with their profession, and with NAR

By | | Uncategorized
Comments Off on Agents grow more discontented with their profession, and with NAR

A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading →

Bay Area, NYC buyers drive bidding wars as market shifts loom

By | | Uncategorized
Comments Off on Bay Area, NYC buyers drive bidding wars as market shifts loom

A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading →

Rocket’s appetite for growth could ding corporate debt rating

By | | Uncategorized
Comments Off on Rocket’s appetite for growth could ding corporate debt rating

Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion. Continue reading →

Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B

By | | Uncategorized
Comments Off on Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B

The all-stock deal is set to close in Q4 2025. Mr. Cooper Group Chair and CEO Jay Bray will become president and CEO of Rocket Mortgage while reporting to Rocket Companies CEO Varun Krishna. Continue reading →

The CCP illusion: NAR’s Jedi mind trick on a failing policy

By | | Uncategorized
Comments Off on The CCP illusion: NAR’s Jedi mind trick on a failing policy

Compliance expert Summer Goralik examines the new watered-down version of Clear Cooperation announced this week along with what it means for agents and consumers. Continue reading →

NAR’s Clear Cooperation Policy tweak: Inman’s Top 5

By | | Uncategorized
Comments Off on NAR’s Clear Cooperation Policy tweak: Inman’s 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 →

Brokerages, portals react to NAR’s decision to save Clear Cooperation

By | | Uncategorized
Comments Off on Brokerages, portals react to NAR’s decision to save Clear Cooperation

Executives mostly applauded NAR’s decision to salvage the policy Tuesday, saying the trade group struck the right balance between reform and preservation. But the change didn’t satisfy everyone. Continue reading →

Don’t break up the marketplace, just fix it: Glenn Kelman

By | | Uncategorized
Comments Off on Don’t break up the marketplace, just fix it: Glenn Kelman

Rather than intentionally fragmenting the marketplace, the Redfin CEO writes, all listings should show in one place, with the seller allowing different levels of disclosure on each listing. Continue reading →