Less than four months after Compass and Anywhere — two of the biggest companies in real estate — announced a planned merger, the firms closed the $1.6 billion deal on Friday after receiving a majority of shareholder approval. Continue reading
In this week’s Download: How will you shift your marketing if Google becomes the next dominant player in the online listings landscape? Continue reading
Google is displaying real estate listings as search results in some markets — prompting questions about IDX violations and analyst speculation about risks to the portals. Continue reading
The proposal would have amended the Realtor Code of Ethics to expand what sources of revenue must be disclosed to clients. It passed one vote — but was rejected in a final round. Continue reading
There were strong reactions this week to Zillow’s integration with ChatGPT, with some leaders claiming the portal had violated IDX licensing rules. But Zillow maintains it did its due diligence and is not handing over MLS data to OpenAI. Continue reading
Zillow has had a difficult month, with lawmakers and rivals filing four lawsuits aimed at upending portal’s main business segments. Although Zillow’s next moves will likely come with some pain, experts say it won’t end their dominance in the industry. Continue reading
In acquiring Anywhere, Compass would absorb a smattering of business models and a load of debt. But it might gain something its CEO has long sought, observers say: more sway over industry affairs. Continue reading
EXp founder Glenn Sanford took a swing at Compass two days after his company was mentioned in a Compass lawsuit against Zillow — a lawsuit focused on one of the industry’s most divisive topics Continue reading
Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead. Continue reading
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. Continue reading