The Gibson and Umpa cases allege Berkshire Hathaway Energy, eXp, Redfin, Weichert, United Real Estate, Douglas Elliman, HomeSmart and others conspired against homesellers nationwide. [#item_url] [#feedzy_item_url]
Category: Inman News
Homebuyers falter as mortgage rates hit new 2024 highs
Requests for purchase loans were down 1 percent week over week and 15 percent from a year ago, according to the latest Mortgage Bankers Association survey. [#item_url] [#feedzy_item_url]
New San Francisco showroom offers private islands and yachts
Demand for some of the most exclusive luxuries remains, even as the city of San Francisco itself grapples with plunging home prices and an all-time high in office vacancies. [#item_url] [#feedzy_item_url]
Once bright buyer hopes plummet as agents process NAR changes
Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year. [#item_url] [#feedzy_item_url]
CoStar Group tallies Q1 revenue growth on success of Homes.com
The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net income dropped 91 percent from $87 million in Q1 2023 to $7 million. [#item_url] [#feedzy_item_url]
60-day clock begins for brokerages seeking to opt into $418M NAR deal
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. [#item_url] [#feedzy_item_url]
Flat-fee brokerage Homie makes remarkable pivot amid upheaval
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. [#item_url] [#feedzy_item_url]
Let this pro planner help you create a stellar recruitment event
Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success. [#item_url] [#feedzy_item_url]
Undeterred by federal scrutiny, RealPage continues to innovate
RealPage’s Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it can learn. [#item_url] [#feedzy_item_url]
Riley Warwick on Aspen’s ultra-hot market and that $108M sale
Warwick recently double-ended Colorado’s first-ever six-figure sale in the representation of an off-market property on Aspen’s picturesque Willoughby Way. He shared with Inman what makes the market so hot. [#item_url] [#feedzy_item_url]