The ongoing battle over pocket listings is continuing to intensify, with discount brokerage Assist-2-Sell now joining Compass in opposing a new off-market listing ban from Bright MLS. Continue reading
According to a 2012 ‘Founder Restricted Stock Agreement,’ the Compass CEO bought 3.355M shares of common stock in the company in exchange for $0.0001 per share. Continue reading
The large franchisor also said Thursday it saw a 3.5 percent increase in its total agent count. Continue reading
In light of the growing attention on NAR’s proposal to ban pocket listings, Inman reached out to executives from major real estate firms across the U.S. to find out where they stand. Continue reading
Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com, as well as use the brokerage’s agents. Continue reading
Movoto Real Estate, the operator of one of the most popular real estate sites and a fast-growing brokerage, has raised $8 million to build on what its CEO cast as a dramatic turnaround over the last two years. Continue reading
In an effort to figure out if hourly rates would actually work for agents and their clients, Inman reached out to a number of real estate professionals. Most were open to the idea of alternative compensation models. Continue reading
The Consumer Federation of America has released another scathing report about the real estate industry, this time focusing on an alleged lack of transparency regarding agent commissions and commission splits. Continue reading
a new survey from Solidifi, a title and mortgage services provider, suggests otherwise. It found that eight of 10 consumers would prefer to close a transaction in person. The result suggests that it may be a while before “e-closings” become the norm, i… Continue reading
According to a Redfin survey of 3,000 Americans who bought or sold a home in the last year, 46 percent of respondents say rising home prices have made their lives worse. Continue reading