Tennessee-based MLS Realtracs, two months after threatening to join Chicago-based MRED in cutting Zillow off from its listing feed, has entered into a new licensing agreement with the portal, which “ensures uninterrupted listing distribution” while ensuring Realtracs members continue to have access to Zillow tools. In a statement, Realtracs President and CEO Stuart White said…
In his continued movement of expanding seller choice across real estate, Compass CEO Robert Reffkin said he expects “more than 90% of MLSs to have rules that allow sellers to market both Private Exclusives and Coming Soons by the end of the year” during the company’s recent Q2 earnings call. In presenting to investors, Reffkin…
As homebuyers continue to struggle through the 2026 housing market amid affordability issues, rising mortgage rates and ongoing economic uncertainty, one of the nation’s mega banks is stepping in with a major long-term investment into the housing market. JPMorgan Chase announced Aug. 3 that the firm intends to invest over $750 billion through 2035 with…
Zillow has laid off 500 employees—about 7% of the portal’s 7,000 employees—in order to ensure a “disciplined cost structure” across the portal, according to an announcement by CEO Jeremy Wacksman today. In a blog post attributed to Wacksman, ahead of Wednesday’s Q2 2026 earnings release and investor call, the Zillow CEO described these “organizational changes”…
Carrington Mortgage Services, LLC has announced its acquisition of Valon Mortgage, Inc. from Valon Technologies, Inc., marking the close of a strategic partnership built around ValonOS, the AI-native operating system Valon has built for mortgage servicing. According to a release, under the agreement, Carrington expands its servicing portfolio by approximately 810,000 loans and will use…
The latest home price and affordability data report from the National Association of Realtors® (NAR) released Aug. 4 shows more than 80% of metro markets (176 out of 221) saw home-price increases in the second quarter of 2026, an increase from 71% in the first quarter, while 5% of metro areas recorded double-digit price gains,…
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. When a real estate agent takes a look at their calendar on any given day, there’s a good chance a significant chunk of time isn’t spent sitting behind…
Years after so-called iBuyers—companies that promised to quickly buy and flip homes using algorithms to make profits—were supposed to take the industry by storm, one of the (relative) new kids on the block is settled in for a longer voyage. During its Q2 2026 earnings call on Aug. 3, Offerpad Chairman and CEO Brian Bair…
At the end of 2024, Mark Siwiec found himself confronting a problem most real estate agents would be happy to have: There was simply too much business. That year, Siwiec was considered (by at least a few reputable sources) the top agent in the six-county Rochester region, with approximately $92 million in sales. But the…
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What happens when technology fails at the worst possible moment? A contract deadline is approaching, but the printer freezes. An agent on the go can’t connect to the MLS right before a showing. Or their smartphone suddenly won’t take a photo. These may sound like ordinary technology problems, but there is nothing ordinary about them…
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