First-time homebuyers fell further behind this year, NAR says
The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report
by Taylor Anderson Nov 4
Compass leans into private listings with new marketing push
The brokerage's efforts to build a powerful exclusive catalog of listings unifies many of its recent efforts — including now the debut of a multiphase marketing strategy
by Jim Dalrymple II Nov 4
Objections fly in against NAR and HomeServices settlement deals
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
Judge grants final approval to 9 commission lawsuit settlements
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
by Jim Dalrymple II Oct 31
Renewed buyer activity boosts pending home sales 7.6%
Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings.
by Marian McPherson Oct 30
Compass envisions recruitment opportunity in industry upheaval
Rory Golod, Compass' president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more
by Jim Dalrymple II Oct 30
Proposed NAR settlement 'worst of all possible worlds': Law professor
Tanya Monestier says the settlement 'reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it' as attorneys walk away with $333M in cash
by Andrea V. Brambila Oct 30
What would you like to see NAR focus on next? Pulse
Whether you're planning to attend this year's NAR NXT or simply follow Inman's coverage of the event, we want to know what would you like to see the trade group focus on next?
by Inman Oct 30
Compass releases 'reverse prospecting' marketing tool
The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass' ongoing push against Clear Cooperation
by Jim Dalrymple II Oct 29
CMLS urges NAR to keep Clear Cooperation in new letter
CMLS CEO Denee Evans argued against the 'removal or significant weakening of a policy so critical to the integrity of our housing market' in an open letter to NAR and its members Friday afternoon
September existing-home sales fall, but inventory offers hope
Existing-home sales continued their downward trajectory in September, declining 3.5% year over year and 1% month over month, according to data released Wednesday by NAR
by Richelle Hammiel Oct 23
'Danger Report' sequel lays out 20 'opportunities' for real estate
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the 3-way agreement and reforming its governance
by Andrea V. Brambila Oct 23
Maine team jumps to eXp Realty, citing commission suits as a reason
Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move
by Jim Dalrymple II Oct 22
The real estate industry is more politically split than you think
Amid a tumultuous year for the industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry's rank and file