Resources

Rocket Mortgage, Solidifi among defendants in appraisal bias suit

Oct 22, 2024

Prosecutors allege appraisal that erased $220,000 from Denver duplex's value discriminated against Black owner and thwarted her attempt to refinance at lower rates.

Maine team jumps to eXP Realty, citing commission suits as a reason

Oct 22, 2024

Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move.

CoStar revenue reaches $693M in Q3 as Homes.com traffic grows

Oct 22, 2024

CoStar Group's revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday.

Propy advances onchain escrow

Oct 22, 2024

Propy has launched another facet of its blockchain-based transaction service to make it easier for homes to change hands via cryptocurrency, Propy Crypto Escrow Service.

CoStar acquires management platform Visual Lease

Oct 22, 2024

Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar's core commercial real estate business.

Douglas Elliman CEO Howard Lorber announces retirement

Oct 22, 2024

Lorber had served as chairman since 2003 but in the months leading up to his retirement face scrutiny following a pattern of financial losses and the Alexander brothers scandal.

Bill Murray’s former New York estate hits the market for $3.69M

Oct 22, 2024

Murray and his ex-wife, Corcoran broker Mickey Murray, built the Yellow House in the 1980s after buying the property for $305K. The 5,177-square-foot home sits on the site of a 19th-century barn.

Median down payment slides $2,400 as affordability improves

Oct 22, 2024

Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com.

9 ways agents should be using AI to drive real estate sales

Oct 22, 2024

Creating content for your website, communicating with your sphere of influence and marketing your latest listing are all easy with the help of artificial intelligence, Luke Babich writes.

Pacaso fundraising campaign continues apace despite critique

Oct 22, 2024

The campaign's transparency was questioned following a decision to post "cumulative" financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst.

8 tips for preparing your first real estate agent business plan

Oct 22, 2024

A well-prepared business plan, Darryl Davis writes, will help you set a clear direction, stay focused and increase your chances of success.

The new redlining: Paying a buyer agent is just part of the challenge

Oct 22, 2024

Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good.