California Realtors support bills to dramatically boost housing supply

The California Association of Realtors has put its considerable might behind several proposed bills meant to boost the state’s housing supply.

Lawsuit accusing realtor.com of defrauding agents settled

A suit in which a former employee of Move Inc. accused the company of defrauding agents by charging them for services they never ordered has been settled.

Buyer’s side commission confusion? Survey shows alarming results

Nearly half of homesellers don’t realize they pay the buyer’s agent commission fee, according to a survey from flat-fee real estate referral service Clever Real Estate.

The bombshell lawsuit that could undo the US real estate industry

A homeseller has filed a class action lawsuit challenging a principal tenet of how the real estate industry works in the U.S. as well as one of the main reasons behind the existence of multiple listing services: the sharing of sales commissions between…

Competition from Zillow, AI is the biggest fear among brokers: NAR

Real estate brokerages anticipate big challenges to come from evolving technology and “nontraditional market participants,” according to a new NAR survey.

Remine co-founder comes out swinging against detractors

After Remine announced it had raised $30 million, rumors began to swirl that MLS executives were among the firm’s undisclosed private investors.

Bad Zillow info ‘corrupted’ listing price on $150M mansion: Suit

The seller of one of the nation’s most expensive real estate listings is suing portal giant Zillow Group for $60 million in damages.

Zillow reports record $1.3B annual revenue, but losses widen

In an earnings report Thursday, Seattle-based Zillow Group posted a net loss of $97.7 million in the fourth quarter and a net loss of $120 million for all of 2018.

NAR will require MLSs to deliver standardized data exchange feeds

Agent and broker websites may soon get a boost from their local multiple listing service thanks to new industry data standards.

NAR tells Congress tax reform is hurting homeowners

The director of the National Association of Realtors, the nation’s largest real estate trade group, testified before Congress about the ways in which the Tax Cuts & Jobs Act have made it harder to own a home.