Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment.
“In down markets,...
Labor market report is good news for mortgage rates
So where does this leave us? Let’s look at my labor economic model that started on April 7, 2020, and see where are we today.
1. The...
eXp acquires 500-agent independent brokerage in Florida
eXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday.
“Claudia’s impressive track record...
The Retirement Trifecta – HousingWire
The number one rule of the marketplace is to understand your customer. Knowing what they need, what they want and what they fear is fundamental for success....
Rocket delivers $291M profit amid improved margins and MSR acquisitions
Rocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial intelligence...
Secondary mortgage market adjusts to higher-for-longer rates
The bottom line is the housing market remains in flux and is once again adjusting to the likelihood of interest rates remaining higher for longer after...
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Real estate farming, otherwise...
Zillow believes the evolution of the industry will only help it grow
In light of the jury verdict in the Sitzer/Burnett suit and the terms of the National Association of Realtor’s nationwide settlement agreement of the commission lawsuits,...
Freddie Mac expands use of AOLs in selling guide update
In an update to its selling guide, Freddie Mac announced Wednesday that it is expanding the use of attorney opinion letters (AOLs) in lieu of title insurance.
Under...
Zillow launches buyer agreement for home tours
Over the years, Zillow has made it clear that it wants to help consumers with all aspects of their homebuying journey. Through the terms of the...