Douglas Elliman released its financial results for the third quarter Tuesday morning, reporting 5% year-over-year revenue growth for the first nine months of the year, to $787.6 million. “While others in the industry are pursuing consolidation and platform integration, we remain committed to deepening our leadership in the luxury segment—a category that is synonymous with…

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As shared during its recent earnings statement, iBuyer Offerpad acquired only 203 homes in Q3, a 54% drop from its Q2 acquisition rate of 443 homes and a 52% drop from Q3 2024 (422 homes).  On the other side of acquisitions, Offerpad sold 367 homes during the quarter, 19% down from the 452 sold in…

The post Offerpad Reaffirms Commitment to iBuying Despite Sharp Drop in Home Purchases appeared first on RISMedia.

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The acting inspector general of the Federal Housing Finance Agency (FHFA), aka the organization’s “internal watchdog” who polices waste, fraud and abuse, has been removed from his position, as reported by Reuters. The FHFA website now designates the position as vacant. Joe Allen is the latest in a chain of several other watchdogs who have…

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Everyone knows that buying a house is expensive, but few buyers are well-aquainted with the laundry list of expenses involved. Even if you’ve saved up for a nice down payment on your home, you’ll still have to consider all of the hidden costs to budget in before going through with the purchase.

Here’s a look at some of the costs buyers encounter when buying a house, and some tips for staying within budget.

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Follow Up Boss (FUB), owned by Zillow, has updated its terms of service and privacy notice to enable deeper integration and next-generation features designed to help agents work smarter and connect more effectively with clients. The update was driven by the deeper integration between Follow Up Boss and new functionality the company will roll out…

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Just three weeks after its release, “The REAL AI Guide for Real Estate Agents: No Hype. No BS. Just Real ChatGPT Skills You’ll Use Every Day” has reached No. 3 on Amazon’s best-seller list for real estate sales books. Written by Kevin Hawkins, a well known speaker and educator of AI in real estate, the…

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The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass’s request for Zillow/Redfin documents currently denied  This past week saw new developments in the ongoing litigation between Compass and Zillow, the crux of which is Compass’s objections to Zillow’s new rules that remove listings…

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