From Affordability to AI: Zillow’s 2024 Housing Market Predictions
Zillow’s 2024 housing market predictions offer some hope with increased inventory, stabilized costs, and AI integration.
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Category: RE News
RE NEWS
BoomTown 2023 Give Back Awards
BoomTown has announced the 4th annual Give Back Awards for 2023.
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CoStar CEO Sends Message to WSJ & Realtor.com
An email from CoStar CEO Andy Florance on November 20 addresses false statements made by Realtor.com senior vice president Bob Evans at the NAR NXT opening party. He also reveals anti-Realtor bias in Realtor.com and the Wall Street Journal.
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FHFA Increases Conforming Loan Limits to $766,550 for 2024
The Federal Housing Finance Agency (FHFA) announced new conforming loan limits for 2024.
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Georgia Home Sellers Take on National and Local Real Estate Companies in Latest Commissions Lawsuit
A class-action antitrust lawsuit, known as the Phillips suit, has been filed by home sellers in Georgia, targeting both local and national real estate companies, including the National Association of Realtors (NAR).
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This Week in BAM: a BAMx Black Friday Sale, Lawsuit Updates, and Flodesk Forms
This week in BAM brings a BAMx Black Friday sale, lawsuit updates, winning mindset strategy, strategic partnerships with assisted living communities, Thanksgiving content ideas, a guide to Flodesk forms, and why branding colors matter.
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Antitrust Settlements: Anywhere and RE/MAX Granted Preliminary Approval
Anywhere and RE/MAX have received preliminary court approval for nationwide settlement agreements in the Burnett, Moehrl, and Nosalek antitrust class action lawsuits.
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Nosalek Plaintiffs Cite “Ambush Video” in Opposition to Summary Judgment
A video shown by plaintiffs’ attorney Michael Ketchmark in the Sitzer/Burnett trial is now hurting HomeServices of America’s motion for summary judgment in the Nosalek case.
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Sitzer/Burnett Update: A Delay on the Final Judgment and New Lawyers for the Defense
An injunction in the Sitzer/Burnett commission lawsuit is not expected until next spring (2024), allowing time for post-trial motions and a final judgment. Meanwhile, the National Association of Realtors (NAR) and Keller Williams are bulking up their lawyer bench.
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This week in BAM: A New Copycat Lawsuit, 5 Ways to Become More Profitable, and Why Long Form Is a Must-Have
This week in BAM brings more lawsuits against real estate companies, the BAM Lawsuit Tracker, open house ideas, dos and don’ts for getting business, 15 Instagram hooks, a new BAM webinar, repurposing old content, ranking on Google Maps, and much more.
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New Lawsuit Targets Texas Realtor Associations and 20+ Brokerages and Teams
Calling NAR out as the “creator of the conspiracy,” a home builder and magazine publisher are suing Texas Realtor associations and 20+ brokerages and seeking class action certification on behalf of all home sellers in Texas between 1/1/2021 and 3/29/23.
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Roundup of Real Estate Financial Results in Q3 2023
Financial reports for the third quarter of 2023 (Q3 2023) are in for the biggest names in real estate.
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Industry Lawsuit Watch: Tracking Real Estate’s Biggest Legal Battles
Stay up to date on the biggest lawsuits impacting the real estate industry. Continuously updated with the latest developments.
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This Week in BAM: The Biggest Commission Lawsuit Yet, Tracy Kasper on the Sitzer/Burnett Verdict, and the Best Social Media Platform for Agents
This week in BAM brings news of the biggest commission lawsuit yet, an 11-point plan for real estate agents, NAR HR Chief Donna Gland’s departure, how to get 19 pieces of content from one listing, the best social media platform for agents, and much more.
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New Commission Lawsuits Filed in New York and South Carolina
Two more copycat lawsuits were filed this week, a week after the Sitzer/Burnett jury reached a verdict in favor of the plaintiffs. The Burton complaint was filed in South Carolina, and the March complaint is targeting REBNY and real estate companies in Manhattan.
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NAR Announces State Flood Disclosure Tracker
NAR introduced a state flood disclosure tracker, developed with the Legal Research Center, which provides a comprehensive understanding of existing flood-related disclosure forms and requirements across all 50 states and the District of Columbia.
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NAR HR Chief Donna Gland to Retire at the End of 2023
Donna Gland, the head of Talent Development and Resources at the National Association of Realtors (NAR), is retiring at the end of the year after 38 years with the organization.
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NAR President Tracy Kasper Addresses Sitzer/Burnett Verdict: “We Don’t Have All the Answers”
Tracy Kasper, president of the National Association of Realtors (NAR) posted a video on November 7th addressing the Sitzer/Burnett verdict, what it means for real estate agents, and what Realtors should tell clients who ask about the verdict or lawsuits.
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Move Over Sitzer/Burnett: Batton is the Biggest Lawsuit to Date, Seeking Damages for Buyers
A new lawsuit was filed in Chicago federal court on November 2nd on behalf of home buyers alleging the defendants—Compass, eXp, Redfin, and Douglas Elliman, among others—have caused buyers “to pay inflated prices for the homes they purchase, and to receive reduced quality broker services.”
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The Impact of WeWork’s Bankruptcy on U.S. Commercial Real Estate
The recent Chapter 11 bankruptcy filing by WeWork, a major player in the co-working and office space industry, could add to the surplus of empty office space in the U.S.
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NYT Coverage of the Sitzer/Burnett Verdict Was the Most Commented-On Article of the Day
On the day Bob Goldberg stepped down as NAR CEO, Byron Lazine hosted a special Hot Sheet livestream. Jason Haber called in and revealed the most commented-on New York Times article on October 31 was about the real estate industry.
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This Week in BAM: Sitzer/Burnett Verdict and More Breaking News for the Industry
This week in BAM (Oct 30–Nov 3) covered the Sitzer/Burnett verdict, Bob Goldberg stepping down, Zillow acquiring Follow Up Boss, Anywhere partnering with RealScout, a Krys Benyamein webinar, and a BAMx mastermind hosted by Byron Lazine.
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Grant Cardone on Sitzer/Burnett Verdict: “The Judge Got it Completely Wrong”
Grant Cardone shared a green screen detailing his thoughts on the Sitzer/Burnett verdict, which he said was “completely wrong.”
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Anywhere Announces New Partnership with RealScout
Anywhere Real Estate (fka Realogy) has announced a new partnership with RealScout — an indispensable lead nurturing tool for agents, teams, and brokerages.
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What Does Zillow’s Acquisition of FUB Mean for Agents?
Brad Acree shares his take on Zillow’s acquisition of Follow Up Boss. drawing from his experience working at dotloop before it was acquired by Zillow.
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