News – RISMedia
Integrity in Real Estate
Oregon REALTORS® Add SkySlope’s Breeze to Member Technology Suite
Oregon REALTORS® announced a partnership with SkySlope to provide its members with complimentary access to Breeze, a digital disclosure program designed to simplify and streamline one of the most paperwork-heavy parts of a real estate transaction. A release from SkySlope says Breeze replaces lengthy, complex disclosure forms with guided digital questionnaires that sellers can complete…
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Redfin Extends AI-Powered Home Search Into ChatGPT
Redfin has announced the launch of a new app within the AI platform ChatGPT, which offers consumers a way to access its listings and explore neighborhood information, data and market insights using conversational language. Redfin explains that through its app in ChatGPT, users can ask specific housing questions and refine their search over time without…
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COURT REPORT: Gibson Trial Date Set; Compass Denied Request to Block Zillow Rules
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Trial date set for Gibson suit and final approval granted for five brokerages The United States District Court for the Western District of Missouri has set trial to begin on May 1, 2028.…
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12 Ways AI Falls Woefully Short for Real Estate Professionals
Sailors awaiting rain aim straight, said Captain Craig. Does that sentence make any sense to you? Me neither. It resulted when AI was provided with text and tasked to create something readable, but was misinterpreted by the app to mean that each word had to include “ai.” Whoops. The lead sentence is, of course, laughable,…
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Brown Harris Stevens Names Maggie Ross New Managing Director of Brooklyn
New York’s Brown Harris Stevens (BHS) has announced that Maggie Ross has been named managing director of sales for Brooklyn. In this role, Ross will oversee operations across the firm’s four Brooklyn offices while strengthening collaboration with BHS corporate leadership and its other regional markets, the company said. A long-time Brooklyn resident, local property investor,…
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Court Grants Final Approval to $39.7 Million in Commission Settlements in Gibson Case
U.S. District Court Judge Stephen Bough has granted final approval to settlements in the main Burnett copycat case totaling $39.7 million with five real estate brokerages, with the total settlement fund sitting at over $1 billion as the industry continues to grapple with the fallout from antitrust claims. The approvals, announced Wednesday in Kansas City,…
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Realtor.com Parent Reports 10% Jump in Quarterly Revenues
Revenues at Move, operator of Realtor.com®, were $143 million in Q2, a 10% increase from the prior year, driven by premium offerings, audience share gains and expansion in growth adjacencies, according to the company, which operates on a July 1 to June 30 fiscal year. News Corporation, which includes Realtor.com under its corporate umbrella, on…
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Judge Denies Compass’s Bid to Block Zillow Rules, Calls Conspiracy Allegations Not Credible
U.S. District Judge Jeannette Vargas of the Southern District of New York has denied Compass’s request for a preliminary injunction against Zillow’s new listing rules (what it calls “Listing Access Standards”), allowing the portal’s new rules to remain in effect while the broader antitrust lawsuit plays out. The decision delivers a significant legal setback for…
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Report: Private Sector Adds 22,000 Jobs in January; Annual Pay Up 4.5%
Private sector employment increased by 22,000 jobs in January and pay was up 4.5% year-over-year, according to the January ADP National Employment Report, produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). The report is an independent measure of the labor market based on the anonymized weekly payroll data of…
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Redfin’s Super Bowl Debut Kicks Off a Scavenger Hunt for $1 Million Home
Real estate portal Redfin, a part of Rocket Companies, has announced “The Great American Home Search”–a contest kicking off from a Super Bowl commercial on Sunday that offers the opportunity for players to win a home valued at more than $1 million. Players must download or update the Redfin app to participate in this scavenger-hunt-style…
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