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Every Friday, Inman Service Editor Dani Vanderboegh rounds up the most popular, most read, most critical stories of the week to give you a quick catchup on the big headlines you might have missed in the hustle and bustle of the workweek. Here’s this week’s Top 5 as chosen by our readers.
P.S. Don’t miss The Download, our weekly column that breaks down one of the week’s top stories and equips you with what you’ll need to meet next Monday head-on.
Fate of Clear Cooperation at hand as Ketchmark issues new warning
As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule.
Compass negotiating to buy Berkshire Hathaway HomeServices
Robert Reffkin (left) and Warren Buffett (right)
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms.
American Real Estate Association floats CCP solution
The trade group wants to replace the polarizing National Association of Realtors rule with what it’s calling a “Clear Collaboration Policy,” which it says would be more flexible than the status quo.
Rocket Companies to purchase Redfin in $1.75B all-stock deal
Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies’ mortgage origination and servicing capabilities.
What will Stone Point do with its stake in Keller Williams?
Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely.
