Real Estate

Expert speaks on Compass-Anywhere market share, consolidation

Compass’s acquisition of Anywhere Real Estate creates a national brokerage powerhouse — but industry veteran Steve Murray says the deal’s biggest effects will be in scale, services and back-office consolidation. Murray — senior advisor for HousingWire and founder of RealTrends and RTC Consulting —estimates the combined Compass-Anywhere operation will handle roughly a million transaction sides […]

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Breaking away: MLSs explore separation from Realtor associations

In many real estate markets across the country, the local and state Realtor associations are one and the same with the local multiple listing service (MLS). However, as the real estate industry evolves, many are calling for MLSs and associations to consider “a separation of church and state.”  “For me, chocolate covered raisins are the

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Homeowners cashing in with ‘Airbnb for anything’ rentals

Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour. From Los Angeles to Miami, residents are tapping into what some call the “Airbnb for Everything” trend. Pools are booked for small social gatherings, backyards host yoga classes and home gyms are used for

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RealReports AI property data expands to MLS platforms

RealReports and Restb.ai announced a partnership on Tuesday to integrate appraisal-grade property insights into multiple listing service (MLS)-facing tools. First Multiple Listing Service (FMLS) in Georgia and MLS Now in Ohio will be among the first MLS organizations to offer the technology to members. FMLS serves 57,000 members across Georgia and the Southeast while MLS

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VA awards $84 M in grants to support homeless veterans

The Department of Veterans Affairs (VA) announced Tuesday that it will distribute $84 million in grants to 176 organizations nationwide to help veterans who are homeless or at risk of losing housing. About $42 million will go toward legal aid — with the remaining half supporting case managers who work directly with veterans to keep

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NAR faces new Whittman antitrust suit over membership structure

The National Association of Realtors (NAR) may have been dismissed from two lawsuits related to its three-way membership agreement, but that didn’t stop William Whittman from filing his own suit on Friday. Whittman, who is a licensed broker in Maryland, D.C. and Virginia, is suing NAR, Virginia Realtors, Northern Virginia Association of Realtors, Maryland Realtors

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Compass’s Anywhere deal raises questions about industry power shifts

For Anywhere Real Estate, news of its acquisition by Compass, generated quite a bit of interest in its stock, thanks to the excitement of what this deal means for the future of the company.  The real estate conglomerate saw its stock price rise from $7 at close of market on Friday to over $11 at

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11 Real Estate Cold Calling Scripts for Lead Gen (+Tips & Tools)

11 Real Estate Cold Calling Scripts for Lead Gen (+Tips & Tools)

Cold calling usually isn’t a part of what real estate agents look forward to, but it still works if you do it right. Picking up the phone and having a direct conversation is one of the quickest ways to meet new clients and uncover opportunities you wouldn’t find otherwise. The challenge for most agents is

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Affordability-first search: Why patent revival puts real estate at a crossroads

The real estate industry is at an inflection point. Affordability has become the single most pressing issue for consumers, regulators, and professionals alike. For decades, buyers searched by list price, even though every lender knows that what really matters is the monthly payment a family can carry under underwriting standards. Now, search-by-payment is no longer

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The Compass deal to buy Anywhere draws applause and alarm

After over a decade in the industry, real estate brokerage Compass has amassed its fair share of critics and supporters. While industry leaders may have differing opinions on the Robert Reffkin-helmed firm, most seem to agree that Compass’s deal to acquire Anywhere Real Estate is impressive. “Congrats to Robert Reffkin,” Anthony Lamacchia, the broker-owner of

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