Resources

NAR President: ‘Maximize transparency’ amid Sitzer fallout

Nov 8, 2023

President Tracy Kasper urged Realtors on Wednesday to be more transparent than ever about commission negotiations as NAR gears up for a long legal battle over cooperative compensation.

Exclusive Survey: 95% would pay a buyer agent under right conditions

Nov 8, 2023

A majority of potential buyers say they're open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights.

Mother of all commission suits filed in Illinois, this time by homebuyers

Nov 8, 2023

"Batton 2," exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another new suit called Gibson.

Opendoor to double the number of homes it buys each month: CEO

Nov 8, 2023

CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp.

Homebuyers respond to biggest drop in mortgage rates this year

Nov 8, 2023

Purchase mortgage applications trended up last week for the first time in nearly a month as mortgage rates retreated from 2023 highs, according to the MBA's weekly survey of lenders.

Chicago voters to decide whether to hike real estate transfer tax

Nov 8, 2023

Proponents said the measure would raise $100 million per year. Chicago Realtors said the tax was volatile and not a reliable funding stream.

Compass recommits to North Dallas with new office space

Nov 8, 2023

The brokerage has signed a lease for a 14,000-square-foot office space in the recently redeveloped HALL Park in Frisco, Texas, in a commitment to future growth in the region.

Douglas Elliman posts mounting losses, declining revenue in Q3

Nov 8, 2023

The New York-based brokerage reported consolidated revenues of $251.5 million in Q3, a drop from the third quarter of 2022 when it tallied $272.6 million in revenue, according to an earnings call Wednesday.

LoanDepot warns more layoffs are coming — but on a smaller scale

Nov 8, 2023

With headwinds in sight for 2024, LoanDepot plans to slash $120 million in annual expenses following three-consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon.

Welcome Homes launches new tools in bid to ease housing crunch

Nov 8, 2023

Welcome Homes, a hybrid homebuilder and proptech company, announced its new "Make-an-Offer" module and an artificial intelligence-backed land analysis report on Wednesday.

Inman reveals winners of inaugural Best of Proptech awards for 2023

Nov 8, 2023

In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the "Best of Proptech" honors cap the yearlong expansion of Inman's awards program.

Seal the deal with Instagram leads to generate 10% more business

Nov 8, 2023

Instagram expert Michelle Berman-Mikel teaches you to actively prospect and convert your Instagram connections into buyers and sellers who only want to work with you.