Executives mostly applauded NAR’s decision to salvage the policy Tuesday, saying the trade group struck the right balance between reform and preservation. But the change didn’t satisfy everyone.
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How ERA’s Michelle Johnson Lundy pays it forward
To ensure better representation this Women’s History Month and beyond, she writes, it’s critical to reduce barriers to entry, support women in their journeys and celebrate their success.
Mega MLSs are attempting to sell Remine — either whole or in parts
The joint venture formed by Austin Board of Realtors’ Unlock MLS, First MLS, Miami Realtors’ MLS and Heartland MLS has hired a firm to liquidate Remine’s assets, a review of legal filings show.
Top 10% of agents control nearly half of all listings as pay gap widens
Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows.
Realogics Sotheby’s Realty partners with AI startup Realtie
As Washington cities undergo significant upzoning this year, timing of the firm’s partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn’t be better.
CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
Surprise Fed move takes some pressure off of mortgage rates
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December.
‘Zillow made the wrong choice’: REX seeks full appeals court review
The discount brokerage contends that a three-judge panel erred in finding that NAR’s no-commingling rule was not direct evidence of “concerted action” between NAR and Zillow.
Bass weighs pause of ULA Tax as wildfire recovery continues
Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it.
LA pauses new Section 8 applications amid funding cuts
The Housing Authority of the City of Los Angeles (HACLA) has announced a pause on accepting new Housing Choice Vouchers (HCVs), also known as Section 8 vouchers, which could leave thousands of residents at risk for homelessness, CBS News reported Tuesday.