As the National Association of Realtors® (NAR) seeks to execute what the organization has described as a significant and broad-based turnaround, financial disclosures from 2024 provide the first glimpse into how—or if—that effort is showing up on the balance sheet, as Realtors® (and big brokerage leaders) closely scrutinize decisions made by NAR after multiple scandals…
Just over a year after launching its climate risk feature, Zillow has quietly removed its Climate Risk Scores directly from the platform’s listings, and now instead directs users to First Street’s website—which Zillow called “the standard for climate risk financial modeling”—where they can individually access risk assessments for flood, wildfire, wind, heat and air quality…
In the late stages of a lawsuit against eXp alleging the brokerage allowed and covered up sexual assaults at company events, eXp is seeking to have a new charge of fraud dismissed. In a third amended complaint filed late October, plaintiffs claimed that eXp executives lied both privately and publicly about investigating allegations of multiple…
The glum news stories seem endless…14,000 employees laid off from Amazon, 48,000 gone at UPS, and even with the government shutdown finally over, thousands of federal workers have been cut. The cruelest aspect is that so many of those folks who suddenly find themselves on unemployment were doing well at their jobs. What’s worse is…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Lawsuits against Zillow and Redfin consolidated A partnership between Zillow and Redfin has come under litigation, with both the Federal Trade Commission (FTC) and subsequently five state attorneys general filing to block the partnership on…
As housing remains unaffordable for many across the United States—and new construction hit a recent low on the back of consumer reticence—one solution that’s been floated are manufactured and modular homes. A new academic paper from Harvard University’s Joint Center for Housing Studies (JCHS) has tracked how nonprofit housing developers, or community-based organizations (CBOs), have…
Above, Carrie Little, left and Justin Letheby share lead-gen strategies in the session, “Maximizing What You Already Have: Cost-Effective Lead Generation for Real Estate Professionals,” during the recent NAR NXT conference in Houston. HOUSTON—At the National Association of Realtors® (NAR) recent NAR NXT conference, real estate industry leaders Carrie Little and Justin Letheby delivered a…
Mortgage originations remain down quarterly due to elevated mortgage rates; however, annual growth has been rising due to bettering signs, according to the latest data from ATTOM. ATTOM’s Mortgage Origination Report for Q3 found that while mortgage originations were down 1.6% quarterly, originations have grown 1.9% year-over-year. The data found that 1.77 million mortgages secured…
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. Before the new year comes around, now is the time to step back and evaluate your tech stack, from your CRM and marketing automation tools to your showing…
Midwest Real Estate Data (MRED), which claims almost 50,000 members in the Chicago region, has issued a forceful public rebuttal to Zillow’s recent study alleging that private listings in Chicago reinforce housing segregation, pointing to internal Zillow documents as it argues the portal giant’s criticism may be driven more by business strategy than consumer protection.…
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