A federal congressional committee sent letters to Compass CEO Robert Reffkin and MRED CEO Rebecca Jensen in relation to their partnership, scrutinizing the relationship between the nation’s largest brokerage and the Chicago-based MLS that is already at the center of a federal lawsuit. The letters were penned by a subcommittee of the House Judiciary Committee…

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Stellar MLS has announced the REALTORS® Association of Citrus County (RACC) as its newest corporate shareholder, expanding access to technology, tools, data and support to real estate professionals throughout Florida’s largest MLS coverage area, while connecting RACC members to the scale, service and stability of a nearly 80,000-customer MLS community.  According to a release, this…

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Homeowners living in predominantly Black and Hispanic neighborhoods are paying hundreds—even thousands—more per year for the same homeowners insurance coverage as homeowners in white neighborhoods, according to a new research report from the Consumer Federation of America (CFA). The nonprofit research and advocacy group found that the average cost of homeowners insurance rose by 24%…

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Editor’s note: this is the first of a two-part series on AI recommendations for agents. Look for part two in the coming days. When a prospective buyer asks someone they trust who is the best real estate agent to help them transact, you want your name to be the first one mentioned. What happens when…

The post AI Recommended These Agents. We Asked Them Why—And Whether It Matters appeared first on RISMedia.

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REsides, Inc. has announced the launch of Property Shield Ownership Verification for its subscribers, becoming the first MLS in the country to offer ownership verification, giving its agents and brokers the ability to confirm that a seller is the true owner of record. According to a release, the new service builds on the fraud detection…

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In yet another major escalation in its effort to re-shape the foundations of real estate, Compass filed a cascade of state-level ethics complaints Tuesday through 30 Realtor associations, at least 50 MLSs and real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property designations on listings. A source with direct knowledge…

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The last time Google dipped a toe into real estate search, it walked away. Now, it’s going all in.  The search giant announced it was expanding its real estate listings pilot to all 50 states this summer, powered by a partnership with data firm HouseCanary. As more brokerages and MLSs sign on to the initiative…

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Mega-franchisor Keller Williams announced today that it has acquired ascendant independent brokerage the Jason Mitchell Group (JMG), in yet another significant brokerage consolidation—this time between two companies with similar business models and priorities. After operating under My Home Group in Arizona, JMG went independent in 2019 and grew swiftly, ranking 36 in the nation in…

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As Google pushes deeper into real estate, HouseCanary has made itself the pipeline funneling MLS listings to the top of the world’s largest search engine. During the latest RISMedia Industry Briefing, RISMedia Founder and CEO John Featherston sat down with HouseCanary CEO Chris Rediger to break down the company’s partnership with Google and what it…

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