Vrbo parent Expedia reports 12% growth in booked nights in Q4 2024
The vacation rental company reported ‘better than expected travel demand’ as room nights, gross bookings and revenue grew by double digits, according to Q4 earnings released Thursday
by Taylor Anderson Feb 6
John Lawrence boomerangs to Douglas Elliman from Compass
The 30-plus year real estate vet spent 15 years during the peak of his career at Douglas Elliman and recently returned after a 3-year stint at Compass. His 19-person team also joins him at Elliman
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Legal tit-for-tat pulls back curtain on eXp's 'sweetheart' settlement
In court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper
by Taylor Anderson Feb 6
Democrats reintroduce bill to expose rental algorithms
Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation
by Marian McPherson Feb 6
Home prices continued to climb in most US metro areas in Q4: NAR
Home prices have continued their upward trend in Q4 2024, with 89% of US metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR
by Richelle Hammiel Feb 6
Only 29% of agents are doing deals. Here's how to be one of them
From underqualified agents to mindless recruiting practices, team leader Carl Medford outlines the things that need to change in order to elevate the industry
by Carl Medford Feb 6
Pullback in mortgage rates spurs refis but not purchase loans
Requests to refinance were up 12% week over week and 17% from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in 6 weeks
by Matt Carter Feb 5
RE/MAX Canada president steps down amid leadership turnover
Christopher Alexander announced he was stepping down from his role after just over 3 years as RE/MAX faces ongoing struggles with revenue and agent count
by Taylor Anderson Feb 5
Optimal Blue is about to drop an AI assistant aimed at mortgage execs
Conversational generative AI chat assistant, Ask Obi, is aimed at providing high-level insights 'to better understand the data that drives their business,' Chief Product Officer Erin Wester says
by Matt Carter Feb 5
Realtor.com parent Move posts first revenue bump in 10 quarters
Realtor.com parent company Move’s revenues grew 2% YOY to $130M in Q2. However, market headwinds are still suppressing lead volume and traffic growth
by Marian McPherson Feb 5
Stephen Kotler steps down as Western Region CEO at Elliman
Kotler has been with Elliman for more than 30 years, and will return to work in sales alongside his brother and son on the Kotler Team in NYC following a tumultuous period for western operations
Holly Parker joins Compass after 25 years at Douglas Elliman
Luxury real estate powerhouse Holly Parker is making a big move — after 25 years with Douglas Elliman, she's taking her team to Compass in New York, the brokerage announced Wednesday
by Richelle Hammiel Feb 5
Better waiving $995 origination fee for repeat mortgage customers
'Better Forever' incentive will not be offered on HELOCs, nor to borrowers who apply for a mortgage through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet
by Matt Carter Feb 5
Real's latest addition brings Alberta agent total to 1K
The Real Brokerage has added 57 agents in Edmonton, Alberta, by bringing on board YEGPro Realty, one of the province's most productive
by Craig C. Rowe Feb 5