News – RISMedia
Integrity in Real Estate
Zillow Dismisses Compass’s Claims of ‘Irreparable Harm’; Denies Anticompetitive Conspiracy
Zillow has urged the federal court to reject Compass’ requests for a preliminary injunction and expedited discovery, arguing the real estate brokerage’s three-month delay in filing the lawsuit undermines their claims of urgency. In an opposition letter responding to Compass’ motion, Zillow claimed “there is no emergency here,” pointing to the gap between Zillow’s announcement…
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Helping Get First-Time Buyers Over the Mortgage Finish Line
Guiding first-time buyers on the long and winding process toward homeownership is in great part what a real estate professional does. These days, there’s so much more to it than accompanying clients to houses and keeping them updated on new developments in the market. During a recent NAR NXT Up virtual event titled, “New Ways…
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COURT REPORT: CoStar and CREXi Lawsuits Advance; Zillow Fires Back at Compass
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Dueling CoStar and CREXi lawsuits develop CoStar and CREXi have both filed lawsuits against one another, with Costar suing CREXi over copyright infringement and CREXi filing an antitrust counterclaim. In the case of…
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AI as Your Sidekick: Keepin’ It Real in Real Estate
Yes, yes…we know. Everyone is talking about AI. It’s in your inbox, your newsfeed, probably even your group chat. If you’re feeling a little AI-fatigued, you’re not alone. But don’t roll your eyes just yet. In real estate, this isn’t just hype; it’s a shift. And don’t worry: AI isn’t here to take your job.…
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Compass Files for Preliminary Injunction to Immediately Block Zillow Ban
In a major escalation in its battle with Zillow, Compass filed for a preliminary injunction, along with a motion for expedited discovery, early Friday, seeking to block Zillow’s new rules partially banning private listings—just three days before the portal’s June 30 enforcement deadline of its new Listing Access Standards (LAS). According to the filing, Compass…
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New PCE Data Shows Inflation Inching Higher in May; Consumer Spending Dips
At the latest Federal Reserve Board of Governors meeting, the board voted to keep rates unchanged. Fed Chair Jerome Powell said following the decision that the economy is on solid footing and the Fed intends to wait and see, with impacts of proposed tariffs likely to show up over the summer. As economists wait for…
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Consumer Sentiment Beats Forecast, but Down Year-Over-Year
Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according to the latest data from the University of Michigan. The final results for the Index of Consumer Sentiment came in at 60.7, a 16% leap above May’s reading of 52.2, and slightly above the preliminary…
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3 Ways to Modernize Your Open House
If your open house still runs on printed flyers and a clipboard, it might be time for a refresh. Today’s buyers, especially millennial and Gen-Z homebuyers, expect a more streamlined experience—and you deserve tools that help make your job easier, too. Digital tools can make events like these more efficient, boost engagement and help you…
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Chicagoland’s Two Largest Independents Announce Merger
Baird & Warner and Dream Town, Chicagoland’s two largest independent real estate companies, have announced the companies are merging their operations to form the second-largest brokerage in the region by number of properties sold in 2024. The combined entity will represent nearly 3,000 agents, loan officers and staff providing comprehensive real estate services with eight…
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U.S. Senate Passes Bill Restricting Trigger Leads
One challenge that your buyer clients may face when applying for a mortgage are “trigger leads,” where after a lender makes a credit inquiry, a crediting reporting agency (CRA) can sell this information to third parties. The criticism of trigger leads is that they happen without the consumers’ knowledge and can result in spam marketing…but…
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