The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow and Compass hearing begins Tuesday, Nov. 18 On Tuesday, Nov. 18, Compass and Zillow will meet in court for a scheduled four-day hearing held in New York City, the latest round in the ongoing…
HOUSTON—In a highly anticipated move, today, the National Association of REALTORS® (NAR) has adopted a new 2026-2028 strategic plan that promises to modernize the organization and transform the member experience. Approved unanimously by the NAR Executive Committee, the plan is set for implementation on Jan. 1, 2026. “NAR is rebuilding trust by executing the largest…
Above, poolside retreat. As a proud member of the Destinations program, Porto Montenegro introduces its latest residences, setting a new global standard for waterfront living at the crossroads of heritage, luxury and innovation. Porto Montenegro, long established as the Adriatic’s leading luxury waterfront destination, has unveiled the next chapter of its evolution with Vero and…
As mortgage rates saw little shifts during this past week, President Donald Trump and members of his administration have floated an idea to galvanize new homebuyers: the 50-year mortgage. In a post on Truth Social, Trump shared a photo comparing the proposal to how President Franklin D. Roosevelt introduced the federally backed 30-year mortgage during…
A little over a week after Zillow sought to clarify its discussions with Chicago-based Midwest Real Estate Data (MRED) over restrictions on private listings, the MLS appears to be digging in, as this week MRED CEO Rebecca Jensen sent an emotional open letter to members defending its private listing network against a “one-size-fits-all model.” With…
Century 21 Real Estate LLC has announced its latest affiliation of Hancock Realty Group in Clermont, fortifying the brand’s presence in the Orlando Metropolitan area. Founder and current broker/owner Matthew L. Mobley brings over 20 years of real estate experience to the firm, as well as 24 years of experience living in the area, according…
Despite the dizzying pace of adoption and the breathless prognostication of the enormous benefits to humanity of artificial intelligence (AI), I can’t escape the sinking feeling that AI is actually making us…well, dumber. The problems with AI aren’t what you think AIs are programmed by humans–which means that just like those little genetic DNA markers…
A judge has ruled in defendants’ favor over the class certification dispute in the largest homebuying commission case: Batton vs. The National Association of Realtors® (NAR). Judge LaShonda A. Hunt granted a motion by defendants in the case, who include big brokerages along with NAR, ruling that the plaintiffs’ motions for Class Certification “stricken without…
Above: Phantom, a humanoid designed for advanced manufacturing, on scene of the Reindustrialize Summit. When dealing with corporate relocation, most moves typically involve people, their families and household goods. But earlier this year, RELO Direct®—Leading Real Estate Companies of the World®’s (LeadingRE) full-service relocation management company—was asked to relocate something entirely different: a humanoid robot.…
Bright MLS announces that it will integrate ICE’s Paragon Connect MLS platform into its technology ecosystem to support its future growth. Paragon Connect is a mobile-first MLS platform created to allow real estate professionals to research, collaborate and manage listings from anywhere. The platform offers API integrations, advanced collaboration tools and powerful customization tools that…
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