CoStar Group has found itself on the defendant side of a lawsuit. On Tuesday, REcore Solutions, a vendor providing licensing services for California Regional MLS (CRMLS), as well as other MLSs across the country, filed a lawsuit against the Andy Florance-helmed firm, over alleged breach of contract. In the lawsuit, REcore claims that CoStar and […]
REcore sues CoStar and Homes.com over alleged breach of contract Read More »
eXp Realty has announced the launch of two major artificial intelligence (AI) initiatives; Mira, a new AI-powered business assistant — and the eXp University AI Accelerator Series, an eight-week program aimed at helping agents learn to integrate AI and automation. Unveiled Tuesday at eXpCon Miami, Mira allows agents to instantly access real-time business data, navigate
eXp Realty launches AI assistant ‘Mira,’ AI training program Read More »
eXp Realty has unveiled eXp Sports & Entertainment — a new division within eXp Luxury aimed at serving professional athletes, entertainers and other high-profile clients. The announcement was made Tuesday during eXpCon Miami, the brokerage’s annual real estate conference. eXp Sports & Entertainment provides agents with certification, branding tools and access to a global network
eXp Luxury unveils division for high-profile clients Read More »
Compass is adding another feature to its suite of agent technology tools. On Tuesday, the Robert Reffkin-helmed firm announced the launch of Buyer Demand. Buyer Demand enables Compass agents and their home seller clients to see the number of serious buyers in Compass’s network who are searching for homes that match theirs. Compass says this
Compass launches Buyer Demand tool to help agents price homes Read More »
The National Association of Realtors (NAR) has weighed in on the ongoing debate over whether or not Zillow’s app integration with OpenAI’s ChatGPT violates MLS IDX policies. In a statement issued on Tuesday, NAR said that when it comes to enforcement, “each MLS is individually responsible for conducting its own assessment of technologies that use
It’s up to MLSs to decide if the Zillow-ChatGPT integration violates IDX policies Read More »
Selling a home has become a more complex decision as online platforms offer new ways to bypass real estate agents. According to a new Clever Offers survey, 42% of sellers said market conditions influenced how they sold their home, and many chose alternative routes such as cash buyers, iBuyers or for-sale-by-owner listings. Of those who
Why More Homeowners Are Selling Without Agents Read More »
After a nearly year-long search, Mark Spain Real Estate has finally found its new CEO. On Tuesday, the firm said it was naming David Zanaty as its new leader. The company said that this marks a “pivotal moment for the firm as it enters a new phase of growth, building upon the strong foundation and
Mark Spain Real Estate names new CEO; Spain transitions to executive chairman Read More »
Over the next two decades, roughly $124 trillion will move from baby boomers to younger generations, according to Cerulli Associates. For many millennials — amid climate anxiety and financial uncertainty — that inheritance is prompting a new question; what should ownership mean? In Norwalk, Conn., Austin and Allison McChord are testing an answer. “The first
Younger homeowners seek to redefine property ownership Read More »
Compass’s market share in South Florida is growing. On Monday, Galleria International Realty announced that it is joining Compass. According to Compass, the Fort Lauderdale-based firm’s team has over 100 years of combined experience and has recorded over $2 billion in combined career sales. “Bringing Galleria International Realty into the Compass network represents an important
South Florida boutique brokerage Galleria International Realty joins Compass Read More »
As tensions between CoStar Group and Zillow continue to heat up, Zillow has claimed that CoStar did not renew its Matterport API agreement. CoStar closed its $1.6 billion acquisition of Matterport in March, meaning that it would be up to CoStar to decide if it wanted to renew the API agreement with Zillow. Matterport and
Zillow pulls Matterport tours from its listings Read More »