Realtor.com CEO: Take Homes.com claims with a grain of salt

In his second Inman Connect appearance of the year, Realtor.com CEO Damian Eales addressed an intensifying rivalry with Homes.com and what his company is doing to lead the charge on preserving buyer agency amid upcoming commission changes. Continue reading

Elliman shareholder says Howard Lorber deserves bonus claw back

Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber’s leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal. Continue reading

Bourbon, besties, business: How team events grow market share

Compass’ Gretchen Cooley and Reserve 76 Realty’s Heather Shimala told the Inman Connect Las Vegas audience about how their team events bring in business and recruit agents. Continue reading

Anywhere’s revenue remains flat during Q2 at $1.7B

The franchisor’s revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company’s ability to navi… Continue reading

Compass CEO: Clear cooperation is ‘anti-homeowner’

Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed. Continue reading

JLo, Affleck, making real estate deals as divorce rumors swirl

Rumors surrounding the couple’s split have grown in recent months. Affleck and Lopez, meanwhile, have been transacting their own separate home deals as they jointly try to offload their shared Beverly Hills home. Continue reading

Mortgage rates continue descent as Fed hints at September rate cut

Fed policymakers are acknowledging that while they’re determined not to cut rates until inflation is tamed, they’re also worried about waiting too long — and throwing the economy into a tailspin. Continue reading

Revenue rose and agent loss slowed for eXp Realty in Q2

EXp World Holdings revenue grew 5 percent year over year to $1.295 million during the second quarter of the year. The brokerage’s agent count continued to drop but at a slower rate than previous quarters. Continue reading