It’s one of the most agonizing statistics in the real estate industry. The specific numbers may change, but year after year, the National Association of Realtors (NAR) reveals a massive disconnect between intent and outcome: 88% of homebuyers state they would happily reuse or refer their real estate agent, yet only 41% do. What did…
Above, the Everett McKinley Dirksen Courthouse in Chicago where the hearing is taking place. Photo by Clarissa Garza. CHICAGO—Zillow, Midwest Real Estate Data (MRED) and Compass squared off in a Chicago courtroom Wednesday in a preliminary injunction hearing, kicking off two days of testimony, where a federal judge will decide whether Zillow can continue banning…
Above, from left, John De Souza, Jessica Edgerton, Craig Cheatham and Donny Samson While commission-related lawsuits are mostly in the rear-view mirror, unresolved issues linger, from FTC investigations to MLS policy changes to the volatile landscape surrounding private listings. Real estate experts will discuss which issues the industry should be paying close attention to and…
Technology is transforming real estate at a rapid pace—and with it, the expectations of today’s consumers. In an upcoming RISMedia webinar, discover how AI, listing portals and shifting consumer behaviors are reshaping the way brokerages operate, compete and build trust. Attendees will learn how to navigate the growing influence of technology while maintaining strong relationships…
On a brisk March morning in Rhode Island, midway through one of the biggest announcements of his life, Dean deTonnancourt felt a flicker of nerves. The longtime brokerage owner had assembled his 300 agents—people he cares about deeply, many of whom had been with their national brand for years—to announce the conversion of their successful,…
Lofty has announced the launch of its new Client Transaction Portal, designed to give homebuyers and sellers real-time visibility into their transactions while allowing agents to maintain control over their internal workflows. Delivered through the Closely app and integrated directly within Lofty Transactions, the company stated that the new portal enables agents to share transaction…
SkySlope—a transaction management solution for real estate brokerages—has announced the launch of SkySlope Forms support within Cloze—an AI-powered real estate platform. This is an expansion of the pre-existing integration between the two companies, creating a more connected experience that takes agents from first contact to signed contract without ever leaving their workflow. First launched in…
Editor’s note: AI Pulse is RISMedia’s ongoing roundup of AI happenings, providing trends and real-world use cases to help navigate the rapidly evolving AI landscape. Why ChatGPT gave opposite answers to a buyer and seller on a $50 million deal It is a frustrating situation that nearly every agent is familiar with: a client trusts…
As the AI revolution continues to infiltrate various aspects of real estate, more and more industry professionals are incorporating AI tools into their workflows in order to increase efficiency, and more and more companies are developing such tools. However, there is a bit of a divide in public opinion when it comes to AI usage,…
Real estate data platform PropStream has announced a new enhancement to its Draw Map Tool—designed to deliver a more intuitive and efficient property search experience. This update gives customers a faster, smarter way to find opportunities exactly where they want to perform deeper research within our interactive property map, as stated by the company. By…
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