AJ LaTrace
Director, News Reporting at Real Estate News
Current: @RealEstateNews Previous: @BusinessInsider, @ChicagoMag, @Curbed. aj at realestatenews dot com
Articles
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1 week ago |
realestatenews.com | AJ LaTrace
In an effort to educate consumers about the hotly debated push into private listings — something viewed as a competitive advantage by brokerages like Compass and KW GO — eXp has announced updates to its agent toolkit including a new disclosure form for sellers looking to pre-market their home off the MLS.
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2 weeks ago |
realestatenews.com | Stephanie Reid-Simons |AJ LaTrace
An end to its contentious legal battle with home search rival Realtor.com hasn't been CoStar's only significant news this week. The company also announced a "refreshment" of its board, with an increased focus on Homes.com profitability. Facing investor pressure, CoStar Group appointed three new independent directors and a new board chair.
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2 weeks ago |
realestatenews.com | AJ LaTrace
The bruising trade secrets dispute between Realtor.com and CoStar has come to an end. The suit, which centered around an editor who was laid off by Realtor.com and then subsequently took a role with Homes.com in 2024, has been jointly dismissed by the parties according to a filing in a U.S. District Court in California.
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2 weeks ago |
realestatenews.com | AJ LaTrace
Key points:The National Association of Real Estate Brokers (NAREB) represents Black real estate professionals, who may face new challenges after NAR’s decision on Clear Cooperation. Pocket listings or private exclusives allow sellers to discriminate against specific buyers by making homes only available to certain demographics, the group’s leader said.
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2 weeks ago |
realestatenews.com | AJ LaTrace
Key points:While Compass rolled out its three-phase marketing strategy in other regions months ago, the company just recently made its first private exclusives push in Washington state. Two Compass agents who participated in the effort said the brokerage promised to back them up and cover any fines from breaking NWMLS rules against pre-marketing.
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For fellow media folks and reporters… With so much happening in the world and economy these days — and newsrooms often being asked to do more with less — how are you handling or dealing with burnout?
RT @ChiBuildings: NAREB chimes in on private/pocket listings; from a new article: "Pocket listings or private exclusives allow sellers to d…
"The idea of making listings exclusive and adding more pocket listings could lead to discrimination. I do see potential for fair housing issues. This can set us back," Dr. Courtney Johnson Rose, President of NAREB, told me during a recent call. https://t.co/C3YgVZLYqx