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Sitzer judge grants preliminary approval for NAR settlement

Apr 23, 2024

Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were "fair, reasonable and adequate" and set a final approval hearing for November.

New-home sales enjoy big spring rally after signs of wear in February

Apr 23, 2024

Sales of newly built single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3 percent year over year, according to the U.S. Census Bureau.

5 tips for navigating times of frustration and uncertainty

Apr 23, 2024

Whether it's commission lawsuit settlements or life in general that's causing your stress, broker-owner Pam Blair offers insight to help you come out stronger on the other side.

60-day clock begins for brokerages seeking to opt into $418M NAR deal

Apr 23, 2024

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.

Schwarzenegger, Pratt slammed for razing historic LA mansion

Apr 22, 2024

The couple bought the home in an off-market transaction in January 2023, months after the previous owner passed away. The plot is located across the street from the home of Schwarzenegger's mother, Maria Shriver.

CoStar to acquire 3D scanning company Matterport for $1.6B

Apr 22, 2024

Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.

Flat-fee brokerage Homie makes remarkable pivot amid upheaval

Apr 22, 2024

The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.

Tim Rodland launches new Bahamas luxury brokerage

Apr 22, 2024

Rodland Real Estate, which operates across the archipelago, provides clients a private members portal with access to off-market properties. With the network Rodland has built over the years, the firm is particularly well-suited to aid newcomers to The Bahamas.

BHGRE’s 2nd largest franchise signs 10-year contract renewal

Apr 22, 2024

Amid an industry-wide recruitment war, Better Homes and Gardens Real Estate has secured its largest contract renewal of 2024 with Atlanta-based BHGRE Metro Brokers. The 45-year-old brokerage is the second-largest franchise in the BHGRE network, with more than 2,400 agents across 27 offices. In 2023, BHGRE Metro Brokers closed 4,738 transactions worth $1.665 billion, a performance that earned it a top 200 ranking on Real Trends' 2024 transaction sides and volume lists.

CoStar to acquire 3D scanning company Matterport for $2.1B

Apr 22, 2024

Matterport creates 'digital twins' of buildings and spaces and has been on an aggressive expansion path as buyers seek to view properties online while shopping.

Land tells a story. Sell it with Land id: Tech Review

Apr 22, 2024

The web and mobile application offers users exceptionally in-depth information on the one global resource that can no longer be produced — land.

Lesson Learned: Become an inventory expert

Apr 22, 2024

Find out how newlywed, outdoor enthusiast and former CPA Billy Davidson has launched his career — and what he plans to do next.