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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 318
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Xome names industry vet Mike Jansta COO

Housing Wire

Mike’s passion for leveraging technology to facilitate online property auctions makes him a perfect fit for Xome,” the company said in the post. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

ZipRealty closed nearly 30,000 transactions at its peak. Consumers have had lots of choices in brokerage services, including those with lower costs, but they have chosen not to use them in any meaningful way. Some say the MLS enables U.S. Those who point to this conclusion fail to mention the role the MLS plays in the U.S.

MLS 428
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Real Estate Exchange files antitrust suit against Zillow, NAR

Housing Wire

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. Real Estate Tech Demo Hour.

MLS 478
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Lone Wolf acquires LionDesk and Homespotter

Housing Wire

Real estate software company Lone Wolf Technologies announced Monday the acquisition of two real estate technology companies, LionDesk and Homespotter. “We’re bringing the best technology together to dramatically simplify the work that agents and brokers do every day, but this is more than just connecting the dots.

Title 369
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Compass acquisition could worry some California agents

Housing Wire

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. In effect, said one Bay Area broker, who requested anonymity to speak candidly, “All the agents in California were starting to use Glide for backroom technology.”.

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Opinion: Real estate is already changing, despite commission lawsuit’s outcome

Housing Wire

As I write this, we anticipate the final jury verdict today in the closely watched Sitzer/Burnett class-action commission lawsuit trial. Most assuredly, the plaintiff attorneys in the subsequent cases are closely watching, and even as you read this are rapidly modifying strategies to be even more effective for their time in the sun.

MLS 407