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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.

Brokers, you’re accountable for your agents’ behavior

Oct 22, 2024

With more supervision layers required due to NAR's settlement, consider these tasks, policy ideas and suggestions when updating your systems, compliance expert Summer Goralik writes.

The real estate industry is more politically split than you think

Oct 22, 2024

Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry's rank and file.

NAR asks court to dismiss lawsuit filed by discount brokerage Homie

Oct 21, 2024

Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot.

Tesla rented their listing — then used it to debut its humanoid robot

Oct 21, 2024

Jason Peteler of Revel Real Estate and Matthew Yim of Coldwell Banker only knew at first that an EV company had rented their listing for a few days as a filming location. They had no idea it would be the first home in which Tesla's Optimus Robot would be filmed.