NAR board overwhelmingly approves pocket listing policy

In a 729-70 vote, the trade group’s 800-member board on Monday morning voted to approve the Clear Cooperation Policy.

Redfin up, recruitment down: 3Q19’s big winners and losers

How did Zillow, eXp Realty, Move.com, Realogy and homebuyers themselves fare during third-quarter earning calls this week?

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate.

Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban.

Zillow: Our iBuyer offers are nearly the same as traditional offers

A year and a half after Zillow began buying houses with cash, the online real estate giant says that its instant iBuyer offers are nearly the same as what sellers can get on the open market.

Stagnant homeowners are creating an inventory catch-22

A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a five-year increase from 2009.

Discounter Assist-2-Sell joins Compass in opposing Bright MLS pocket listing ban

The ongoing battle over pocket listings is continuing to intensify, with discount brokerage Assist-2-Sell now joining Compass in opposing a new off-market listing ban from Bright MLS.

See how much Robert Reffkin paid for his stake in Compass

According to a 2012 “Founder Restricted Stock Agreement,” the Compass CEO bought 3.355 million shares of common stock in the company in exchange for $0.0001 per share.

RE/MAX beats estimates with $71.5M in revenue in Q3 2019

The large franchisor also said Thursday it saw a 3.5 percent increase in its total agent count.

What real estate executives think of NAR’s pocket listing policy

In light of the growing attention on NAR’s proposal to ban pocket listings, Inman reached out to executives from major real estate firms across the U.S. to find out where they stand.