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Analysis: Full ‘Decoupling’ Would Cut Commissions in Half
The U.S. real estate market is one of the largest in the world, and it remains a profitable industry for brokers. But broker incentives can lead to concerns over steering buyers and high rates, something that has been highlighted by academics, law enforcement and consumers. In 2024, the Department of Justice (DOJ) called for “decoupling”…
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Supreme Court Rules Lisa Cook Can Remain on Fed for Time Being
The Supreme Court has agreed to take up the appeal on President Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve Board of Governors and will hear oral arguments in January. However, the Court has granted that pending their ruling, Cook can remain in her position at the Fed, denying Trump’s request she…
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Rocket Completes $14.2B Acquisition of Mr. Cooper
Rocket Companies’ acquisition of mega-servicer Mr. Cooper Group has now officially been completed. In a release today announcing the completed $14.2 billion deal, Rocket Companies CEO Varun Krishna said that coupled with the completed acquisition of Redfin they are “paving the path for Americans to own the dream.” “Jay Bray and his team have built…
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Attorneys general pile onto Zillow-Redfin following FTC rental suit
Just one day after the FTC sued to block the $100 million agreement between the two portal giants, a group of attorneys general from across the country filed their own lawsuit to block the deal.
FTC sues Zillow: A wake-up call for real estate agents and brokers
If you're dependent on Zillow for lead gen, it's time to build resilient funnels, own your data, and beef up your referral and content engines, Josh Ries writes.
Stellar MLS Awarded Central Florida Top Workplace Award for Fourth Consecutive Year
Stellar MLS marked a busy Q3 by being awarded the Central Florida Top Workplace Award from the Orlando Sentinel Media Group for the fourth consecutive year. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey measures 15 culture drivers that…
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Rocket Companies closes Mr. Cooper acquisition
Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper's recent stock rally.
Corcoran Expands to Rhode Island With Launch of Corcoran Chart House Realty
Corcoran Group LLC has announced the continued expansion of its affiliate network with the launch of Corcoran Chart House Realty, operating across Rhode Island’s coastal enclaves. Led by broker/owner Matthew Antonio, the firm will serve clients throughout Rhode Island’s coastal and heritage communities. “Rhode Island’s East Bay and coastal enclaves offer a rare blend of…
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ERA Real Estate Launches Spanish-Language Component to Coaching Program
ERA Real Estate, a subsidiary of Anywhere Real Estate Inc., has announced the expansion of its ERA Coached Up Program with the launch of a Spanish-language component. This move allows the ERA® brand to better serve Hispanic agents and communities nationwide. The program enhancement is led by Alex Vidal, president of ERA Real Estate, who…
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NI house prices up nearly 10% over the last year, says Nationwide - Belfast Telegraph
NI house prices up nearly 10% over the last year, says Nationwide Belfast Telegraph
LAFPP commits $76.4m to fifth EQT Exeter Europe Logistics Value Fund - Institutional Real Estate, Inc.
LAFPP commits $76.4m to fifth EQT Exeter Europe Logistics Value Fund Institutional Real Estate, Inc.
Some agents turn to a patron saint amid real estate downturn - The Globe and Mail
Some agents turn to a patron saint amid real estate downturn The Globe and Mail
