Douglas Elliman joins upstart American Real Estate Association
The NAR alternative also announced that Douglas Elliman CEO Michael Liebowitz has joined its management board, and that the association is adopting the acronym 'ARA'
by Lillian Dickerson Sep 17
Screenshots of Marie Lee's posts on Instagram
When Marie Lee started out as an agent, she had a small sphere and not much to build a business on. But she used social media to show that she was busy — even if she had to fudge the details
by Lillian Dickerson Sep 12
A flooded road
Homes representing $12.7T in property value are vulnerable to at least one type of severe or extreme climate risk, according to Realtor.com, with flooding as one of the most underestimated
Screenshots of videos posted by Ian Grossman on Instagram and TikTok
When the market shifted and his social media leads started to fall off, Ian Grossman and his team shifted their social strategy to a more local focus and dug into connecting with their database
Mauricio Umansky and Nykia Wright in front of a court house
The trade association essentially denied all allegations that The PLS made against it, saying that Clear Cooperation and NAR policies are 'lawful, justified, procompetitive [and] pro-consumer'
A for-sale sign posted in front of a residential home
The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage
by Lillian Dickerson Aug 21
Magnifying glass representing the investigation by law firm Hagens Berman into real estate industry practices that were allegedly deceptive and caused homesellers to overpay
Law firm Hagens Berman urges individuals who have sold a home since 2021 to contact the firm as it launches a new investigation into 'allegedly deceptive practices' by the real estate industry
by Lillian Dickerson Aug 21
Screenshots of Instagram posts created by Kaitlin Hannig, a Realtor in Salt Lake City, Utah
Salt Lake City-based Kaitlin Hannig may take shocking jabs at her viewers during Instagram home tours, but it helps draw in like-minded clients. Today, 75% of her business comes from the platform
by Lillian Dickerson Aug 20
'Construction is in a funk': Homebuilding improves, but inventory issues remain
The slight monthly boost comes as builders continue to battle economic headwinds and cooled buyer demand. Housing starts and completions are not on track to meet national inventory needs
by Lillian Dickerson Aug 19
Compass, NWMLS trade barbs in new legal filings
As Compass called NWMLS a 'monopoly' and said its policies amount to an anticompetitive boycott, NWMLS called the brokerage's arguments 'nonsensical'
by Lillian Dickerson Jul 25
Zillow slams Compass' 'hidden listing scheme' in new court filing
The portal giant pushed back against arguments Compass had made in its complaint alleging antitrust activity and more, and asked the court to deny a request for a preliminary injunction that would prevent enforcement of Zillow's new listing standards
by Lillian Dickerson Jul 17
NAR defeats discount brokerage Homie in antitrust lawsuit
The court determined that Homie's claims were no longer timely, that it failed to make a case for antitrust injury and it did not provide enough evidence to prove wrongful interference
by Lillian Dickerson Jul 16
In a more buyer-friendly market, sellers are emerging too
Why are active homebuyers now ready to list their old properties? The reasons vary by individual but display regional trends that track with national recovery, the Inman-Dig Insights survey found
by Lillian Dickerson Jul 14
Median US home price hits new record as pending sales drop
The median sale price hit $399,633 as pending sales fell 3.5% annually. Mortgage applications, home touring and Google searches for 'homes for sale' increased, a positive sign for sellers
by Lillian Dickerson Jul 10
Buyers and sellers face off as inventory and delistings rise
Delistings outpaced inventory growth in June even as price cuts surged, showing that a growing number of sellers are unwilling to compromise when it comes to their selling goals