Tag Archives: Select

NAR apologized for its racist past in 2020. But what’s happened since?

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Cultural economist Mike Green looks at the aftermath of NAR’s 2020 apology and what it would take to create a more equitable and inclusive housing market. Continue reading →

Rates ease as Fed says it will dial back balance sheet tightening

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Federal Reserve policymakers say they’ll slow the pace of “quantitative tightening” to $40 billion a month, less than half the pace envisioned 2 years ago. Continue reading →

Growth in residential, rental and mortgage segments lift Zillow in Q1

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Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday. Continue reading →

EXp sees revenue rise, but agent count dips again in Q1

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The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780. Continue reading →

Hyatt, Hilton among those accused of price-fixing in new antitrust suit

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A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software. Continue reading →

Faith in NYCB restored, but worries about some regional banks remain

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Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain. Continue reading →

More agents plan to switch brokerages in the coming year

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Stronger lead generation systems and commission structures are driving more agents to consider switching their brokerage affiliations in the coming year, according to Coldwell Banker Real Estate’s annual Agent Priorities Report published on Wednesday. … Continue reading →

Largest minority and women-owned brokerage in US joins Real

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The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023. Continue reading →

NAR clarifies when a buyer contract will be required under settlement

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In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements’ terms. Continue reading →