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Real Estate Exchange files antitrust suit against Zillow, NAR

Housing Wire

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

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Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’

Housing Wire

The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It The call did come with a setback for agents.

Agents 448
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Georgia MLS unites with 12 local boards to enhance data access

Housing Wire

Georgia MLS said the move will “improve market transparency and provide real estate professionals with the listing information they need to better serve their customers.” ” Georgia MLS has made other technology -enabled efforts to enhance data availability for agents.

Realtors 388
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‘Fraudsters gotta eat too:’ The title industry navigates an uptick in fraud

Housing Wire

Our realtor partners are hurting,” Berg said. They need new listings and they are so desperate that they might take a fraudulent listing.” The only thing that you can do is to continue to educate, and continue to utilize best practices and technologies to help prevent it. It is brute force.

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Opinion: Automate title status check info with AI

Housing Wire

Also adding to the pressure to streamline is the overall economic trend toward nearly instantaneous, do-it-yourself purchases (a la Amazon ), virtual tours for new listings and even a rise in FSBO listings. Where the right technology is strategically selected and wisely implemented and used, it certainly can.

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Restb.ai to integrate with Black Knight

Housing Wire

also has a photo compliance solution that can evaluate logos, watermarks, yard signs, people, license plates, and duplicate images, enabling it to auto-detect misuses of listing photos and corresponding violations based on MLS and Realtor association rules and regulations. Building Restb.ai

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29 Cutting-Edge Real Estate Marketing Ideas for 2024

Housing Wire

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.