The National Association of Realtors® (NAR) has faced significant criticism following the events of the Burnett trial and settlement, leaving many still dissatisfied with how the organization has responded to issues the association, and the real estate industry at large, continue to face. In response to ongoing concerns involving NAR, a group of 15 industry…
Zillow is facing a second proposed class-action lawsuit in as many months, as lawyers seeking to represent Zillow mortgage customers allege that referrals to Zillow Home Loans are a “coercive scheme,” violating RESPA and other state and federal laws. Filed late last week in federal district court in Washington, the lawsuit adds another angle to…
Without an end in sight for the government shutdown, consumer sentiment is reflecting that uncertainty, according to the latest data from the University of Michigan. The preliminary results for the Index of Consumer Sentiment came in at 50.3, down 6.2% from October’s reading of 53.6. Year-over-year, there was a 29.9% drop from 71.8 in November…
There is no quantitative, universally recognized definition of a “buyer’s market” or a “seller’s market.” But that shouldn’t stop real estate professionals from recognizing or calling out when the balance of power has shifted—as it seemingly has in recent months. According to RISMedia’s most recent Broker Confidence Index (BCI) survey, most brokers feel their markets…
It’s that time of year again—pitch black mornings, sunsets before 5 p.m., energy dips by midafternoon and the cozy pull of staying in instead of prospecting. The key isn’t trying to power through the season; it’s adjusting your habits to match it. Here are three simple ways to get ahead of the slump and keep…
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When Zillow announced its new rules restricting certain private listings, one MLS was quickly thrown into the spotlight—Midwest Real Estate Data, or MRED, in the Chicago region. That’s because for almost a decade, MRED has hosted an internal private listing service—properties shared within the MLS, but not necessarily to anyone else. While Zillow didn’t immediately…
In a relatively short time, the power dynamics in residential real estate have shifted dramatically. The National Association of Realtors® (NAR) sits alongside portal giant Zillow on one side, and on the other is New York-based venture capital-backed Compass, a new behemoth that has consolidated a huge brokerage empire and appears ready to use its…
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,…
Rocket Companies—which recently completed its acquisition of both Mr. Cooper and Redfin—exceeded its revenue guidance during the third quarter, as noted during a Halloween Eve earnings call. The company reported Q3 adjusted revenue of $1.78 billion—beating the high end of its guidance range—generated $36 billion in net rate lock volume, up 26% over the previous…
For a couple years now, RE/MAX has publicly stated that it is focused on reversing a trend of shrinking agent count in the U.S.—even as the brokerage touts overseas growth. That still hasn’t happened, with the company reporting a 6.9% year-over-year drop in U.S. agents for Q3 2025, and lowering its top-end revenue projections from…
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