Knock—the real estate technology company which helps lenders and agents make it easier for homeowners to buy before they sell—today announced the launch of Knock Bridge Loan Plus. This new financing option now pays off the homeowner’s existing mortgage upfront, eliminating double payments. Knock stated that by paying off homeowners’ current mortgage and releasing the…
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…
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…
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In its first financial report since being acquired by Compass in September, Anywhere Real Estate, in a Nov. 4 Q3 earnings call, showed $1.6 billion in revenue—a 6% increase from the previous year. The company said it is focused on achieving $100 million in cost savings for 2025 and has already identified all necessary savings.…
As mortgage rates finally tick down and the industry gets comfortable with new rules, 2026 is shaping up to be a year of opportunity. To help real estate professionals hit the ground running, RISMedia’s 6th Annual Real Estate’s Rocking in the New Year returns on Thursday, January 8, 2026, from 11:00 a.m. to 5:00 p.m.…
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…
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…
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…
Ahead of the Nov. 18 hearing over its legal challenge to Zillow’s new listing rules, Compass filed a supplemental brief against the portal, accusing it of weaponizing its dominance in the home portal market to crush competition and force home sellers and agents to list properties on its platform first. In the pre-hearing brief submitted…
They’re the opposite ends of the home-buying spectrum. One phrase lights up a potential owner’s face, while the other forces a frown. The former is a no-brainer for you, the agent, while the latter can test your ability to keep a client in check. It’s plug-and-play versus quasi-fixer-upper. It is easy to accentuate the positives,…
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