Mortgage a tough nut to crack for technology provider nCino

Shares in the cloud banking solutions developer are down 14% after the company says the mortgage technology business it acquired for nearly $1 billion in 2022 has been a drag on growth but is expected to pick up. Continue reading

Ex-Move staffer accessed dozens of disputed files at CoStar: Experts

James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents two days before he left the job, according to legal filings. Continue reading

Mortgage brokers warned of warehouse lending scammers

Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers’ sensitive personal information. Continue reading

Keller Williams heads to arbitration in second John Davis lawsuit

The case is part of a long-running legal battle between Davis, an ex-CEO of Keller Williams, and his former employer. An earlier case Davis filed against KW was also ordered into arbitration. Continue reading

US homebuyer down payments reach new record, outpace prices

According to Redfin, the typical U.S. homebuyer’s down payment hit the highest level in over a decade, at 18.6 percent of the purchase price in June, up from 15 percent the previous year. Continue reading

Top NYC agent Amy Herman, team move to Brown Harris Stevens

Herman was one of the first agents to follow Ryan Serhant to his eponymous firm from Nest Seekers International, where she had been a member of his team for more than 5 years. Continue reading

SERHANT.’s ‘Owning Manhattan’ renewed for Season 2 on Netflix

The first season of the hit reality series featuring agents from Ryan Serhant’s brokerage dropped on Netflix two months ago. A release date for the second season was not immediately made public. Continue reading

Corcoran Icon Properties expands into Palo Alto

The Corcoran Group franchise now has 24 physical offices with the launch of its latest in Palo Alto. The office is led by Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione. Continue reading

Digital avatars have arrived: Here’s how real estate pros can use them

Reimagine sales, marketing and instruction by using digital avatars to bring the human touch to content without the cost, land investment specialist Curtis Williams writes. Continue reading

New forms aim to sidestep NAR settlement, law professor warns

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading