Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Realtor® association, board sued over MLS merger A handful of Louisiana brokers are suing their local Realtor® association and its board over a recently approved consolidation with ROAM MLS, seeking to remove the…
Conflict between Zillow and Compass is escalating on a new front, as Zillow-owned portal StreetEasy recently introduced a brokerage cap that directly affects the mega-brokerage. The specialized New York City portal StreetEasy recently introduced a new cap to its Experts program—an invite-only lead generation program where buyers and sellers are connected to member agents—only allowing…
Another broker lawsuit targeting MLS access rules and the National Association of Realtors®’ (NAR) “three-way agreement” was dismissed by an appellate court on Sept. 9, as challenges to these long-standing policies and structures have so far failed to advance in courthouses across the country. Lou Eytalis, a Texas broker who decried membership feeds and restrictions…
What gets people to move? That is a question every real estate professional can answer to some degree. The big picture usually includes the five Ds (divorce, death, diapers, diamonds and diplomas), which are life circumstances that (often) necessitate a home sale and/or purchase—what economists have called non-discretionary moves. But as affordability and mortgage lock-ins…
Editor’s note: In this two-part series, we examine the importance of comprehensive insurance policies for homeowners across the board, and the conversations real estate professionals should be having with clients. Part 1 concerned various weather issues. Here, we focus on flood insurance specifically. While wildfires are dramatic, flooding is much more likely to occur around…
Editor’s note: In this two-part series, we examine the importance of comprehensive insurance policies for homeowners across the board, and the conversations real estate professionals should be having with clients. Stay tuned for part 2, where we’ll be focusing on flood insurance specifically. It wasn’t so very long ago when acquiring insurance was nothing more…
Real estate agents and brokers are using AI every day, freeing up their time to focus on building relationships and getting more face time with clients. But popping their favorite chatbot’s extension onto their browser or letting it download MLS data has a major downside: It’s putting your client’s data at major risk. If that…
Surveys identifying the most trusted professionals have long ranked nurses, doctors and the military at the top while real estate professionals tend to be ranked lower. But with media coverage (stemming from lawsuits and policy changes) and a historically tough housing market, many industry leaders have worried that real estate professionals might take another hit…
REMAX announced on Sept. 1 that Alex Vidal has joined the brand as president. Vidal brings 29 years of experience to the role, most recently serving as brand president of ERA Real Estate, where he was the first Hispanic president of a major national real estate brand. “Alex understands this business from the ground up…
Around 16 months after it was filed, Compass announced today that it has reached an agreement to resolve its antitrust lawsuit against Washington-based Northwest Multiple Listing Service (NWMLS), ending what had been a high-stakes and sharply contested dispute that cut to the heart of the larger private listing debate. In a statement, Compass CEO Robert…
| Newer Posts | Older Posts |