Brookfield Properties said to be acquiring Divvy Homes in 'fire sale'
Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
by Matt Carter Jan 13
Judge orders eXp to turn over 'sweetheart deal' negotiation docs
Court probes 'reverse auction' allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate
by Andrea V. Brambila Jan 10
Ally Financial's exit from mortgage will impact Better, HouseCanary
Ally, which originated $1B in mortgages in 2023 through a partnership with Better and is an investor in the company, is laying off hundreds of employees and exiting the mortgage business
by Matt Carter Jan 9
Turmoil for Las Vegas Realtors erupts with leadership shakeup
Chaos carried into the new year with the abrupt resignations of 2 past presidents. In response, 2025 President-Elect George Kypreos released a video addressing concerns with the association
by Richelle Hammiel Jan 9
RE/MAX President Amy Lessinger announces resignation
Lessinger's departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters
by Jim Dalrymple II Jan 8
Lower building in-house mortgage tech with Neat Labs acquisition
Lower will integrate Neat Labs' technology into its own cloud-based originations platform and onboard co-founder Steve Herschleb as chief technology officer, executives announced Tuesday
by Matt Carter Jan 8
DOJ adds major landlords to antitrust lawsuit against RealPage
Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of 'millions' of renters
by Jim Dalrymple II Jan 7
Robert Reffkin predicts the end of Clear Cooperation in 2025
The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future
by Jim Dalrymple II Jan 6
Sherry Chris to join NAR as consultant following Anywhere exit
The industry vet announced she was stepping down from an advisory role at Anywhere in December 2024 after retiring in April 2023. Now, she will serve as special advisor to Nykia Wright
Louisiana agents latest to file suit over divisive NAR 3-way agreement
Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution — and an end to rules they don't support
by Jim Dalrymple II Jan 3
EXp World Holdings sells Virbela, the firm that made its virtual world
The sale, to Virbela's cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement
by Jim Dalrymple II Dec 27
Rocket accused of using 'kickback scheme' to attract more borrowers
The Consumer Financial Protection Bureau claims Rocket gave real estate agents incentives to steer consumers away from other companies. Rocket calls the allegations a 'lie' and political ploy
by Jim Dalrymple II Dec 24
News Knockout: Commission lawsuits settlement tops 2024
No story could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents do business
by Lillian Dickerson Dec 20
Mike DelPrete looks at the industry through the lens of probability
Tune in to Inman Access, and learn how to tap into the power of probability with industry analyst Mike DelPrete
by Inman Dec 20
EXp adds $200M Colorado mega team to its ranks
Compass principal agent Kris Caldwell has taken his team, The Apollo Group, to eXp Realty. The 6-year-old team was ranked as RealTrends' No. 1 mega team by sales volume 2 years in a row
by Marian McPherson Dec 18
Stocking stuffer: Urban Nest Realty takes 400 agents to Real
Likely catching the collective eye of Real co-founder and CEO Tamir Poleg and president Sharran Srivatsaa was Urban Nest's 2023 numbers, consisting of 2,500 deals valued at $1.5B
by Craig C. Rowe Dec 17