Resources

With Matterport buy, CoStar makes it a ground game

Apr 23, 2024

Digital twin creation company Matterport has sold to CoStar, parent of home search experience Homes.com and Zillow's chief rival. The deal stands to greatly increase the amount of industry data available to the company for use in its appeal to both real estate agents and consumers.

WeWork creditors urge consideration of Neumann’s offer

Apr 23, 2024

The company's unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO's generous bid on the company is "inexcusable."

Be everywhere with Adwerx’s latest digital advertising solution

Apr 23, 2024

Adwerx's new product involves customers being able to showcase their brands, messages and services on alternative public digital displays, such as retail map kiosks, bus stop screens, office building information panels, digital billboards and anywhere else that a consumer looks for information.

Corcoran agent finds her home fraudulently listed on Airbnb

Apr 23, 2024

Sarah Stewart only learned her Hamptons vacation home was fraudulently listed on the rental platform after someone called her to confirm that they should wire $25,000 outside of the Airbnb platform.

UHM revamps leadership team to support growing national footprint

Apr 23, 2024

Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it's got a new divisional leadership structure to support its "rapidly expanding, nationwide footprint."

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.