In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads. Continue reading
Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others. Continue reading
In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics. Continue reading
The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading
Nearly a hundred real estate professionals shared their thoughts on NAR’s Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule. Continue reading
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading
In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. Continue reading
In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move’s network of companies told Inman in the wake of the Aug. 23 class-action suit. Continue reading
The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading