Inman
Real Estate News for Realtors and Brokers
60-day clock begins for brokerages seeking to opt into $418M NAR deal
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.
Schwarzenegger, Pratt slammed for razing historic LA mansion
The couple bought the home in an off-market transaction in January 2023, months after the previous owner passed away. The plot is located across the street from the home of Schwarzenegger's mother, Maria Shriver.
Flat-fee brokerage Homie makes remarkable pivot amid upheaval
The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.
BHGRE’s 2nd largest franchise signs 10-year contract renewal
Amid an industrywide recruitment war, Better Homes and Gardens Real Estate has secured its largest contract renewal of 2024 with Atlanta-based BHGRE Metro Brokers. The 45-year-old brokerage is the second-largest franchise in the BHGRE network, with more than 2,400 agents across 27 offices. In 2023, BHGRE Metro Brokers closed 4,738 transactions worth $1.665 billion, a performance that earned it a top 200 ranking on Real Trends' 2024 transaction sides and volume lists.
Tim Rodland launches new Bahamas luxury brokerage
Rodland Real Estate, which operates across the archipelago, provides clients a private members portal with access to off-market properties. With the network Rodland has built over the years, the firm is particularly well-suited to aid newcomers to The Bahamas.
CoStar to acquire 3D scanning company Matterport for $1.6B
Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.
Real estate brokers didn’t fear the lawsuits — until NAR settled: Intel
Anxiety around commissions leaped to the top of the worries brokerage leaders face, pushing down concerns around inventory and competition, according to Inman Intel Index survey results.
Lamacchia: ‘Nothing’s changed’ about mortgage commission rules
Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer's agents' commissions.
Lesson Learned: Become an inventory expert
Find out how newlywed, outdoor enthusiast and former CPA Billy Davidson has launched his career — and what he plans to do next.
Land tells a story. Sell it with Land id: Tech Review
The web and mobile application offers users exceptionally in-depth information on the one global resource that can no longer be produced — land.
6 ways AI and blockchain will bring more deals to real estate agents
As the real estate industry continues to evolve, embracing the transformative potential of AI and blockchain technology to gain a competitive edge.
Let this pro planner help you create a stellar recruitment event
Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success.
Undeterred by federal scrutiny, RealPage continues to innovate
RealPage's Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it can learn.
Riley Warwick on Aspen’s ultra-hot market and that $108M sale
Warwick recently double-ended Colorado's first-ever, nine-figure sale in the representation of an off-market property on Aspen's picturesque Willoughby Way. He shared with Inman what makes the market so hot.
Luxury home prices have reached new heights: Redfin
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.
7 strategies to turn today’s bad economic news into more deals
Frustrated and anxious about economic conditions? Trainer Bernice Ross writes that, instead of waiting for change, agents can move forward with confidence by following these strategies.
Gone, not forgotten: The Oklahoma City bombing 29 years later
Kari Watkins, Chris Fleming and Donna Weaver were forever changed by the April 19, 1995, Oklahoma City bombing. Twenty-nine years later, they reflect on life since.
Agents maneuver a labyrinthine legal landscape: The Download
There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and be ready for whatever comes next.