On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees.
Category: multiple listing services
New commission suit against Side, others filed — and all but settled
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit.
71% of real estate agents didn’t close any deals last year
At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.
NAR hires insider as ‘first-ever’ senior VP of industry relations
Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.”