Compass snags $40M Dallas real estate team from Coldwell Banker
Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year
by Marian McPherson Jul 6
Propy rolls out AI update aimed at improving workflow and security
The blockchain and Web3 advocate said its artificial intelligence-enhanced and optical character recognition-backed update will increase workflow efficiency and augment data dissemination
by Craig C. Rowe Jul 6
Zavvie rolls out power buyer services to mortgage lenders
After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in 9 states
by Matt Carter Jul 5
The stories and trends that defined a whirlwind first half of 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
by Marian McPherson Jul 5
Kendall Bonner: The industry isn't ready for reality of commission suit
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel
by Daniel Houston Jul 5
Doma hopes to keep its place on NYSE with reverse stock split
Shares in digital title and closing provider climb above $5, and the company will be back in the exchange's good graces if its share price remains above $1 for the next 30 trading days
by Matt Carter Jun 30
Property investing is so hard, even Spencer Rascoff steers clear of it
The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview
by Daniel Houston Jun 30
New listings plummet 27%, marking biggest annual fall since pandemic
The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher
by Daniel Houston Jun 29
'Voluntary moves are gone': Why today's buyer looks so different
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market
by Jim Dalrymple II Jun 28
DelPrete: Legacy brokerages can no longer dismiss lower-fee models
For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven't aged well
by Daniel Houston Jun 28
Scenic View Of Mountain Range Against Blue Sky
New Mexico MLS — a statewide MLS with 1,150 agent, broker and appraiser subscribers — will likely launch Aligned Showings in either Q4 2023 or Q1 2024, according to MLS Aligned
by Andrea V. Brambila Jun 27
New home sales jumped 20% in May, a 12.2% jump from April
Sales of newly built single-family homes were at a seasonally adjusted rate of 763,000 during May 2023 — 20% higher than the levels seen in May 2022, according to data from the US Census Bureau
by Ben Verde Jun 27
The Agency brings 1st office in North Carolina to Charlotte
Industry veteran Erika Mendoza will serve as managing partner and broker in charge, and Abigail Hines Miller will also serve as managing partner, according to the company
by Ben Verde Jun 27
CoStar execs talk top new features coming to Apartments.com
‘We can make the leasing agent’s job easier,’ Apartments.com executive says as the company pushes the rental industry to modernize the lease-up experience
by Taylor Anderson Jun 27
Compass nabs top-performing Coldwell Banker agent
Tacoma's Margo Hass Klein joined Compass this week, according to the company. She's the latest in a string of Coldwell Banker agents who decamped for Compass this year
by Jim Dalrymple II Jun 23
Matterport's Genesis doubles-down on digital twin management
Matterport sets another benchmark for digitally immersive real estate marketing with creation of Genesis, which upon release, will allow users to quickly insert, move, edit and redesign interiors within created spaces
by Craig C. Rowe Jun 21