Zillow begins sending warnings to brokers ahead of private listing ban

Zillow Group started notifying brokers on May 28 about listings that weren’t aded to the MLS within 24 hours of being publicly marketed. The portal declined to share how many notices have been sent. Continue reading

HUD and the FHFA are changing. Here’s everything you need to know

Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies. Continue reading

Real Talk: Thoughts and prayers for those fighting 10-5

Has NAR leadership learned anything about consumers in the past 25 years? As they prepare to vote on changes, housing counselor Rachael Hite thinks they haven’t. Continue reading

Lead with Fire: Energy management for soulful leaders

Debra Trappen’s series continues with inspiration for getting back in touch with the work that lights you up and renews your motivation. Continue reading

Dip in mortgage rates doesn’t do much to excite homebuyers

While purchase loan demand was still up 18 percent last week from a year ago, some of that demand may not translate into sales, with Redfin reporting an unusual bump in cancelled purchase contracts. Continue reading

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

Wells Fargo free to grow again after Fed lifts $1.95T asset cap

Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets. 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

Commission advances keep some agents afloat while sinking others

Commission advance companies are booming as a lifeline for real estate agents who can’t afford to wait for closing day. While these services offer financial assistance, they often come with costly strings attached. Continue reading

Reffkin rails against ‘organized real estate’ at annual Compass retreat

During a keynote address Tuesday, the CEO rallied the firm’s agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI. Continue reading