Catch up quickly on the biggest stories of the month, as determined by Inman website visitors. Here’s this month’s Inman Top 10.
The move should take several quarters and will also result in Zillow reducing its workforce by approximately 25 percent.
Two-thirds of the trade group’s directors voted in favor of allowing brokers and agents to share buyer broker compensation on their websites.
Vanessa Espinosa, former deputy public guardian for the Turpin children and, until recently, an agent in California, is facing calls for the state to revoke her real estate license.
By Bernice Ross
Zillow’s decision to shut down its iBuyer is more than just a response to volatility of the Zestimate, but an indication technology can’t solve everything.
Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings are as strong as ever. This is Inman’s first story in a five-part series.
The real estate franchisor says giving the listing brokerage equal billing would cause consumer confusion.
The KW School of Real Estate will be fully digital and launched in partnership with educational firm Kaplan.
Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer “even greater losses than they admit.”
By Jay Thompson
Contrary to what real estate discussion groups might have you believe, there is far more to procuring cause than showing a home, Jay Thompson argues. Writing an offer is not a guarantee you are the procuring cause. Nor is having a signed buyer-broker agreement. Here’s the truth.
Three-quarters of the National Association of Realtors’ directors voted to require display of listing broker contact information on agent and broker websites.