Anywhere posts declining revenue, losses in 'incredibly tough housing market'
The real estate brokerage and franchisor posted $5.6B in revenue during a grueling 2023 while losses improved to $97M, according to a full-year earnings call on Thursday morning
by Ben Verde Feb 15
Zillow revenue rises in Q4 as Barton touts portal's 'household name'
Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday
by Jim Dalrymple II Feb 13
NAR REACH's new class of Down Under proptechs largest yet
Introduced in 2019, the Australia and New Zealand REACH program is Second Century Venture’s longest running international technology incubation and mentorship effort
by Craig C. Rowe Feb 12
Utah homeseller files commission lawsuit against NAR, 13 others
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
by Taylor Anderson Feb 12
For proptech adopters, waiting is one of the hardest parts: Triple-I
Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways
by Chris LeBarton Feb 12
Super Bowl ads, buyer bans and nefarious dealings: The Download
We're taking this opportunity to bring you some of the lesser-known stories you may have missed last week while you were reading about Keller Williams and NAR
by Christy Murdock Feb 10
WATCH: Mauricio Umansky talks American Real Estate Association
Mauricio Umansky talks about his new professional organization, American Real Estate Association or AREA, with Brad Inman at Inman Connect New York
by Jessi Healey Feb 10
Anywhere expands board with investment firm leader Joseph Lenz
Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere's board this week after the franchising giant added a seat
by Jim Dalrymple II Feb 9
What's your 100-year plan? Finding ikigai in life and business
The median age for Realtors is 60, with more people living to 100. Senior housing expert Rachael Hite says it's time to leverage age and experience to build a lasting legacy
by Rachael Hite Feb 9
Falling rates helped drive home price growth in Q4, NAR says
US home prices shot up in 86% of the 221 metropolitan areas tracked by the National Association of Realtors and rose 3.5% in the fourth quarter, according to data released Thursday by NAR
by Taylor Anderson Feb 8
NAR president: The DOJ is a 'bigger problem' than $1.8B Sitzer verdict
In remarks made in Boston that were later posted online, new NAR President Kevin Sears declared business will change for Realtors — whether they embrace it or have it 'forced down our throats'
Agents have real concerns — but commission rates aren't at the top
Despite ongoing commission lawsuits, agents are more concerned about the health of the real estate pie than the size of their own slice, results of the latest Inman Intel Index survey show
by Chris LeBarton Feb 7
Stop taking legal advice from NAR and your local association
Opinion
Associations are a valuable resource, but they're not the be-all and end-all of real estate, especially when it comes to legality and licensing, coach and author Darryl Davis writes
by Darryl Davis Feb 7
NAR signals more declines to come after 3rd-straight membership dip
NAR Chief Economist Lawrence Yun warned of 'further declines in membership over the next 24 months' said after NAR posted a 2.1% annual membership decline last month
by Taylor Anderson Feb 6
HomeServices wants US Supreme Court to weigh Sitzer | Burnett case
The franchisor filed a petition to the Supreme Court requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients