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  • Rightmove rejects third takeover bid from Rupert Murdoch’s REA


    Rightmove rejects third takeover bid from Rupert Murdoch’s REA

    Rightmove rejects third takeover bid from Rupert Murdoch’s REA

    What is even more, the company has not profited from the rally seen in the wider UK stock market so far this year. Before information of the possible requisition attempt broke on September 2, Rightmove’s shares were down about 0.3% year-to-date. He is likewise the author of the Virgin Cash Manufacturer, the personal money overview...


    Tech Bytes: News from Zillow, MetroList, Lofty and Revive

    Tech Bytes: News from Zillow, MetroList, Lofty and Revive

    "Lofty has the massive scale we need to grow our business, the features our agents require to be successful, and the powerful technology backbone to support our commitment to innovation."


    Invitation Homes makes $48 million deal to settle with FTC

    Invitation Homes makes $48 million deal to settle with FTC

    "Invitation Homes remains committed to providing a high-quality living experience for individuals and families who want flexibility and choice in housing and to transparency with all stakeholders."


    Side announces mentorship-focused rev share program

    Side announces mentorship-focused rev share program

    "Other programs are structured like multi-level marketing schemes with downlines that incentivize quantity over quality, compromising the integrity of our industry," Gal said.


    Which? urges FCA to launch home insurance crackdown amid soaring cost of premiums

    Which? urges FCA to launch home insurance crackdown amid soaring cost of premiums

    After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023.


    Brokerage Beat: News from eXp, RE/MAX, Real, Coldwell Banker

    Brokerage Beat: News from eXp, RE/MAX, Real, Coldwell Banker

    Broker Stanley Ginsberg, who has more than 35 years experience in the Manhattan real estate industry, is joining the firm along with agents Petar Vojvodic, Pia Elbling, Kristina Tichner and Akilah Williams.


    10 most expensive places to rent outside of London revealed by Rightmove

    10 most expensive places to rent outside of London revealed by Rightmove

    After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023.


    Buyers value community — and agents who are connected to it

    Buyers value community — and agents who are connected to it

    Younger generations are especially interested in getting involved, with 93% of millennials and 87% of the Gen Z buyers surveyed saying they want to live in a community where they can make a difference.


    The Fed goes big with first rate cut

    The Fed goes big with first rate cut

    "This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained in a context of moderate growth and inflation moving sustainably down to 2%."


    Brokerage Beat: Former eXp execs launch new venture; movers in S. Florida

    Brokerage Beat: Former eXp execs launch new venture; movers in S. Florida

    "The worldwide brand recognition and broad global network that Christie's International Real Estate provides, along with our exclusive product offerings, will enable our firm to establish a prominent position in this marketplace in a short timeframe."


    Gap in rents between north and south England ‘smallest on record’, letting agent finds

    Gap in rents between north and south England ‘smallest on record’, letting agent finds

    After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023.


    Big houses ‘driving the housing market’ as sellers ‘seek to beat Budget tax rises’, Rightmove data suggests

    Big houses ‘driving the housing market’ as sellers ‘seek to beat Budget tax rises’, Rightmove data suggests

    While speculation about tax hikes has been rife since Rachel Reeves announced that she was battling a big ‘black hole’ in the public finances, the changes Rightmove has seen coincide with Sir Keir Starmer’s 27 August Downing Street garden speech.


    NAR offers new advice for sellers on agent compensation

    NAR offers new advice for sellers on agent compensation

    The National Association of Realtors is growing its series of post-settlement guides for consumers, with the most recent addition aimed at helping sellers understand their options for choosing — or not — to make an offer of compensation.


    NAR doing a good job, associations say; MLSs aren’t so sure

    NAR doing a good job, associations say; MLSs aren’t so sure

    However, the report also included calls for NAR to "modernize its approach and focus on remaining relevant in an evolving industry, particularly by addressing the concerns of its members and ensuring stronger leadership moving forward."


    Revise or remove Clear Cooperation, most industry pros say

    Revise or remove Clear Cooperation, most industry pros say

    Based on the results of a recent survey completed by 671 real estate professionals, consulting firm WAV Group found that only 28% of respondents believe the Clear Cooperation Policy should remain in place with no changes, while 29% prefer to modify it or make it optional, and 43% said it should be removed entirely.


    Clear Cooperation: ‘Imperative’ or legal risk?

    Clear Cooperation: ‘Imperative’ or legal risk?

    eXp Realty CEO Leo Pareja has also come out in support of the Clear Cooperation Policy, telling Real Estate News during a phone conversation that the MLS gives consumers and agents the most "liquid, accurate and complete data set" which is something that homebuyers and sellers in other countries don't have.


    Record share of consumers expect mortgage rates to fall

    Record share of consumers expect mortgage rates to fall

    "Despite significantly greater optimism that mortgage rates and home prices will move in a more favorable direction for potential homebuyers, most consumers remain apprehensive about the housing market and continue to point to the lack of affordability and supply as the chief reasons for their pessimism," said Palim.


    ‘Unfiltered’: eXp’s bold play to ‘go further than the settlement’

    ‘Unfiltered’: eXp’s bold play to ‘go further than the settlement’

    But Dwiggins doesn't just answer questions, he asks them of guests on Real Estate Insiders Unfiltered, his podcast with Keith Robinson, NextHome's chief strategic officer.


    Data shares expand in the Southeast, renew in Colorado

    Data shares expand in the Southeast, renew in Colorado

    When the partnership launched last year, Georgia MLS CEO Richard Boone said "it was time for like-minded MLSs … to come together and form a meaningful referral network" — one that "made geographic sense" and "kept the members as top priority."


    Brokerage Beat: News from eXp, The Agency, Coldwell Banker

    Brokerage Beat: News from eXp, The Agency, Coldwell Banker

    I'm excited to continue expanding our reach in Greater Boston utilizing the numerous resources that Coldwell Banker Realty offers," said Bell.


    How low will the Fed go?

    How low will the Fed go?

    As of today, I believe it is important to start the rate cutting process at our next meeting," Federal Reserve Governor Christopher Waller said in a Sept. 6 speech at the University of Notre Dame.


    ‘Financial strain’ forcing landlords out of buy-to-let sector, industry warns

    ‘Financial strain’ forcing landlords out of buy-to-let sector, industry warns

    Allison Thompson, its national lettings managing director, said: “This poorly conceived policy, aimed at boosting homeownership by reducing buy-to-let competition, has instead driven up rents and forced many landlords to cut back on costs and investment in their properties.


    MLSs want to stop rule violations before they happen

    MLSs want to stop rule violations before they happen

    And while MLSs are charged with ensuring that offers of compensation don't make their way onto their systems, the point is to educate brokers and agents, not to immediately punish members by imposing a fine, Rene Galicia, EVP of Customer Advocacy for Bright MLS, told Real Estate News.


    MoxiWorks rolls out settlement-friendly agent products

    MoxiWorks rolls out settlement-friendly agent products

    One tech firm to lean into real estate's new era is Seattle-based MoxiWorks, which announced a major update this week to its software suite and new web products to help agents conduct business in compliance with the rule changes.


    Ginger Wilcox: Leading through change

    Ginger Wilcox: Leading through change

    As she looks to the remainder of 2024 and into 2025, those solutions will continue to include investments in technology, training and tools to support brokers and agents through the changing industry landscape.


    NAR to consumers: Agents must put client interests first

    NAR to consumers: Agents must put client interests first

    In its latest guide, NAR doesn't address the new rules directly but explains what it means for agents to act in the best interest of buyers and sellers.


    More Realtors expect an uptick in buyers this fall

    More Realtors expect an uptick in buyers this fall

    The August poll found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months — that's up from 13%, which was the percentage reported in both June and a year prior in July 2023.


    What is the Freedom to Buy scheme? UK Labour Party’s mortgage plans explained

    What is the Freedom to Buy scheme? UK Labour Party’s mortgage plans explained

    After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023.


    What comes next for NAR’s Clear Cooperation policy?

    What comes next for NAR’s Clear Cooperation policy?

    "NAR is absolutely not involved," Lund responded when asked about any collaboration or input from the powerful trade association, though he concedes for full disclosure that several current and past clients are on the Emerging Issues Advisory Board.


    Mortgage rates plunge to lowest level in 15 months

    Mortgage rates plunge to lowest level in 15 months

    Inventory is higher heading into fall compared to recent years, so if the Federal Reserve chooses to make deeper rate cuts in September, that could lead to a late-year uptick in sales.


    When should sellers play the concessions card?

    When should sellers play the concessions card?

    It's a topic that was discussed this week during a webinar called "Winning strategies in a post-settlement world," hosted by T3 Sixty's CEO Jack Miller and Paul Hagey, editor-in-chief for the company's publications.


    Key player in Sitzer/Burnett launches real estate startup

    Key player in Sitzer/Burnett launches real estate startup

    On Landian's home page, Sitzer states that "our hard-won settlement paved the way for a new era of fairness and transparency," and the company's flat-fee approach is "liberating homebuyers from the excessive commissions they were previously forced to pay."


    ‘Unfiltered’: No offer of compensation? No problem

    ‘Unfiltered’: No offer of compensation? No problem

    On this week's episode of Real Estate Insiders Unfiltered, California agentChris Cragnotti shares his experience working with sellers who chose not to include an offer of compensation in the MLS, 10 months before it was required.


    In 8 states, inventory is now above pre-pandemic levels

    In 8 states, inventory is now above pre-pandemic levels

    : In his weekly report, Simonsen said inventory appears to have peaked in Texas and Florida and may start to decline in those states a little earlier than the rest of the country.


    Housing Market Decoded: Why ‘rent vs buy’ misses the big picture

    Housing Market Decoded: Why ‘rent vs buy’ misses the big picture

    But, in this current environment, as people are simultaneously worried about missing out and about buying at the top of the market, lists and calculators that put the buy-versus-rent tradeoff in black and white can be appealing.