New York agent Scott Fava boomerangs back to Compass
Fava and his New York-based team are the latest agents to participate in a trend of leaving a brokerage, only to return some time later
by Jim Dalrymple II Jan 4
EXp Realty lassos a pair of high-performing Texas teams
The Mike Seder Group and the Ronnie and Cathy Matthews Group join eXp as the battle for top agents continues to be one of real estate's defining stories
by Jim Dalrymple II Jan 4
Rentals startup Frontdesk lays off all staff after failed funding round
All 200 full-time staff members along with contractors and part-time staff were dismissed during 'a 2-minute Google Meet call'
by Ben Verde Jan 3
And the biggest news of 2023 is … Inman’s top 10 stories of the year
Here are the top 10 most-read news stories from Inman staffers, ranked by readership
by Dani Vanderboegh Dec 31
Rocket's new CEO Varun Krishna takes seat on board of directors
The mortgage lending giant's board of directors has been expanded from 7 members to 8 to accommodate the move. Krishna's term will expire at the company's 2026 annual meeting
by Matt Carter Dec 29
Pending home sales stagnate in November despite rate relief
November's numbers show pending sales didn't move compared to October, but lower rates did apparently lead to more lockbox openings — hinting that better days lie ahead
by Jim Dalrymple II Dec 28
Zillow files antitrust lawsuit against 2 major MLSs
The listings portal filed a complaint in US District Court for the District of Arizona against Arizona Regional MLS and MLS Inc. for what it asserts are violations of federal antitrust law
by Ben Verde Dec 27
MyHome expands menu of lender services with Volly acquisition
Volly's customer relationship management, lead conversion and portfolio retention tools will be offered to lenders through parent company WFG's Enterprise Solutions division
by Matt Carter Dec 26
NAR, franchisors ask for summary judgment in Moehrl suit
The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial
by Jim Dalrymple II Dec 20
All the Inman Connect New York updates you need now
As we gear up to welcome 2024, Inman Connect New York offers the opportunity to gain new insights, build new connections and learn new skills so you can set a new vision
by Laura Monroe Dec 15
CoStar acquires popular UK real estate portal
The acquisition of OnTheMarket, a major portal in the UK, comes as CoStar continues to push further and further into the residential space
by Jim Dalrymple II Dec 14
Texas homesellers file new commission suit as cases pile up
The new suit is the second in Texas since the Sitzer | Burnett verdict, and is one of a growing number of antitrust cases challenging the way agents get paid
by Jim Dalrymple II Dec 14
Merger of Lower and Thrive would give Veritex 12.5% ownership stake
The parent company of Veritex Community Bank, which paid $54.9M to acquire a 49% interest in Thrive Mortgage in 2021, expects $25M to $30M loss if planned merger deal closes next year
by Matt Carter Dec 14
Compass COO Greg Hart to leave company at year end
Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer
by Jim Dalrymple II Dec 12
KW begins notifying former agents of profit-sharing cuts
Former Keller Williams personnel have received letters noting that some individuals' profit share earnings could be reduced from 100% to 5%
by Jim Dalrymple II Dec 7
FNF still mum on whether it was target of ransomware attack
CEO Mike Nolan says FNF has resumed normal operations, and that customer disruption from the cybersecurity incident was 'relatively brief' and included the Thanksgiving holiday weekend
by Matt Carter Dec 6