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1 week ago | 
geekwire.com | Stephanie Reid-Simons
This story originally appeared on Real Estate News. CoStar CEO Andy Florance says Zillow’s move to ban certain private listings is self-serving and that the leading home search site has “overplayed its hand.”The comments came in a letter sent to real estate agents and shared last week by CoStar, the parent company of Homes.com, a quick-growing rival to Zillow.
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1 week ago | 
realestatenews.com | Stephanie Reid-Simons
Christopher Czarnecki said that attending this year's Family Reunion "helped seal the deal" as he considered whether or not to become the new president and CEO of Keller Williams.
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1 week ago | 
realestatenews.com | Stephanie Reid-Simons
Zillow's plans to bar listings that are publicly marketed but not widely available via the MLS has touched off a wave of response — and questions. The standards, announced April 10, will take effect on Zillow and Trulia in May. The home search site characterizes the move as its implementation of the National Association of Realtors' Clear Cooperation Policy. Real Estate News has reached out to NAR for comment.
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2 weeks ago | 
geekwire.com | Stephanie Reid-Simons
This story originally appeared on Real Estate News. In a move designed to “create an even playing field,” real estate listings that are publicly promoted to consumers but not made widely available via the MLS will be barred from Zillow.com starting in May. “Our belief is that, if a listing is going to be marketed to a buyer or a subset of buyers, it really needs to be made available to all buyers,” Errol Samuelson, Zillow’s chief industry development officer, told Real Estate News on April 10.
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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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3 weeks ago | 
realestatenews.com | Stephanie Reid-Simons |Amie Fisher
Key points:Coming in at No. 2 was Anywhere Advisors — a collection of brands including Coldwell Banker, Sotheby’s International Realty and Corcoran — with a combined sales volume of $187 billion. Real Brokerage was the biggest mover, doubling its sales in 2024 and jumping up five spots to No. 5. All but one brokerage in the top 10 saw increased sales volume last year. Howard Hanna was the exception, with volume relatively flat but dipping slightly.
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3 weeks ago | 
realestatenews.com | Dave Gallagher |Stephanie Reid-Simons
The $3.95 million settlement aligns with NAR math, but unlike NAR’s agreement, allows the Massachusetts MLS to continue displaying offers of compensation. The judge in a long-running commissions case will allow a Massachusetts MLS to continue to display offers of compensation, saying she has not seen proof that the practice is anticompetitive.
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3 weeks ago | 
realestatenews.com | Stephanie Reid-Simons
Just weeks after planting a flag in the residential real estate space with its acquisition of Redfin, Rocket has announced that it is buying a top competitor in the mortgage space — Mr. Cooper.
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3 weeks ago | 
realestatenews.com | Stephanie Reid-Simons
The National Association of Realtors is cutting 61 jobs as part of a "months-long strategy to reduce costs, streamline operations and reposition itself to offer robust solutions and support for its members and consumers."In addition to the cuts, NAR highlighted changes to its leadership team, pulling together new additions and recent promotions via a March 28 statement. What jobs are being eliminated?
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4 weeks ago | 
realestatenews.com | Stephanie Reid-Simons
In October 2021, four of the nation's leading MLSs teamed up to buy Remine, a data and analytics platform, for $53.5 million. But their vision, described at the time as "a shared desire to shape the future of the real estate industry through direct investment in the leading MLS technology company of tomorrow," did not pan out as expected. Remine lost customers, and the partnership lost momentum in a time of sweeping industry shifts.
