Redfin CEO doubles down on support for pocket listing ban
In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban
by Jim Dalrymple II Nov 6
Zillow: Our iBuyer offers are nearly the same as traditional offers
The online real estate giant revealed Tuesday that homeowners only get on average 0.22 percent more selling on the open market than they do through Zillow Offers
by Jim Dalrymple II Nov 5
Compass makes major changes to its stock option program
The company is shifting from offering equity stock options to restricted stock units that would vest in the event of an IPO
by Patrick Kearns Nov 5
Bright MLS: Pocket listing ban won't hurt discount brokerages
Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday that the rule will still allow discount brokerages to customize commission offers
by Jim Dalrymple II Nov 5
Compass goes global with India tech hub, adds Amazon veteran
The brokerage is opening a tech hub in Hyderbad’s HITEC City and plans to add 200 jobs in product and engineering
by Patrick Kearns Nov 5
Discounter Assist-2-Sell joins Compass in opposing Bright MLS pocket listing ban
The discount brokerage argued in a letter that Bright MLS's new policy banning pocket listings will 'act as a restraint of trade'
by Jim Dalrymple II Nov 4
Doctor medicine health care
The brokerage is partnering with Clearwater Benefits, a Texas-based insurance startup for independent contractors
by Patrick Kearns Nov 4
This entrepreneur shows how real estate can be a positive force in urban communities
Here's the story of how entrepreneur Bo Menkiti got into the real estate business to improve his neighborhood
by Chris Haddon Nov 1
RE/MAX hints acquisitions could fuel premium tech add-ons
In the company's Q3 earnings call, executives revealed that bolt-on acquisitions could add paid services to its platform
by Patrick Kearns Nov 1
Inman News quiz: Think you're on top of the week's biggest stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Nov 1
Stacks of pennies near dollar bills
According to a 2012 'Founder Restricted Stock Agreement,' the Compass CEO bought 3.355M shares of common stock in the company in exchange for $0.0001 per share
Bright MLS defends pocket listing ban in face of Compass threat
The Mid-Atlantic multiple listing service invited Compass to come discuss a policy that bans off-market listings but said it is not afraid of a lawsuit and won't back down
by Jim Dalrymple II Oct 31
RE/MAX beats estimates with $71.5M in revenue in Q3 2019
The large franchisor also said Thursday it saw a 3.5% increase in its total agent count
by Jim Dalrymple II Oct 31
What real estate executives think of NAR's pocket listing policy
One CEO said NAR's policy 'levels the playing field,' but others expressed skepticism at a one-size-fits-all solution
by Jim Dalrymple II Oct 31
United Real Estate merges with Charles Rutenberg Realty
The Fort Lauderdale, Florida-based CRR will continue to operate with its 100% commission model