Batton 1 case faces class certification challenges due to overlapping buyer/seller roles. NAR, Anywhere, Keller Williams, and RE/MAX are accused of inflating buyer-broker commissions in an antitrust conspiracy.
Elliman appoints Perry Weitz to its board during Q3 profits call. Despite slight revenue dip to $262.8M, net income improves to $24.7M. Strong balance sheet and international expansion fuel optimism. Attorney Weitz will build high-performing companies.
UK real estate shows improved accessibility due to lower rates. Affordability drives growth in the North & Scotland. Land Registry aims for easy access by 2030, impacting the housing market with AI.
Compass reports record Q3 profits driven by AI, agent growth, and strategic acquisitions. Focus on 'Compass AI 2.0' and Anywhere deal. Revenue jumps 23.6% to $1.85B.
Report reveals most buyer agents still charge commission based on home sale percentage, not fixed amounts. Customer agreement adoption varies. Post-NAR settlement, little change in commission rates.
The MLS landscape is shifting. Adaptive strategies, broker incentives, and clear communication are crucial for MLS success in the post-Sitzer/Burnett era. Market consolidation adds pressure.
Real estate firms expand with new teams, brand updates, and global ventures. Key moves include Douglas Elliman's global push and Century 21's Chicago debut.
NextHome promotes Charis Moreno and Jim Fischetti to leadership roles. MoxiWorks hires AI expert Fidler to enhance its platform with data-driven products. Expansion and innovation highlighted.
RE/MAX sees international expansion offsetting North America declines. New economic models & AI marketing offer flexibility and opportunities amid market shifts. Net income up, adjusted EBITDA down slightly.
Zillow's Q3 revenue jumps 16% exceeding expectations, fueled by services and mortgage. Traffic rises. New partnerships form, BUT faces FTC antitrust allegations concerning rental listings market.
Maurice Muhammad's case against NAR & Realtors was dismissed for failing to submit an appellate brief. Appeal renewal request pending. Case involves MLS access tied to Realtor membership & NAR's structure.
Brokerage leaders urge NAR to address key issues, improve transparency, and clarify its relationship with SCV for the benefit of its members. Independent admin is also needed.
Real estate agents should embrace GEO and consistent video marketing, while prioritizing client data protection when using AI. Transparency and human connection remain crucial for success. GEO impacts AI search visibility.
UK housing market faces a slowdown due to property tax shake-up rumors. London's top-end market is impacted. Northern Ireland sees strongest growth. Market expected to recover post-budget. Sales take 37 days on average.
NAR is undergoing restructuring efforts to restore trust, focusing on member success, strategic planning (2026-2028), and modernizing systems amidst industry pressures. Leadership welcomes feedback and input from stakeholders.
Real estate firms are launching AI training, expanding globally (Qatar, Morocco), and focusing on agent financial success. New strategies and partnerships are highlighted. $3.2M produced.
PulteGroup's Q3 reveals a mixed bag: income down 2%, closings dropped 5%, but average prices increased 3%. Despite challenges, the company remains cautiously optimistic for 2026. Weak buyer demand impacts.
