Broker News
Redfin recently announced its sale to Rocket Mortgage, but it’s the CEO Glenn Kelman’s blog post announcing the brokerage’s $1.75 billion sale that caught my interest. On July 1, Redfin announced that it is now officially part of Rocket Companies, the parent company of Rocket Mortgage, which they say will create a more integrated experience…
Let’s clear something up: Compass isn’t suing Zillow for banning private listings. That’s a common misconception about the high-profile antitrust lawsuit Compass filed this spring. In fact, some private listings — sometimes called “office exclusives” — are still allowed under Zillow’s policy. What the lawsuit is really about is Zillow’s Listing Access Standards, and the…
Agents who publicly market a home listing but fail to post it on Zillow within 24 hours are about to face real consequences. Beginning June 30, Zillow will start enforcing the most aggressive part of its new Listing Access Standards — and the penalties could mean losing access to Zillow for the life of the…
Zillow’s crackdown on off-market listings escalated this week as Compass filed an antitrust lawsuit in the Southern District of New York, challenging Zillow’s enforcement of its new 24‑hour “private listings” rule. CEO Robert Reffkin called it an abuse of Zillow’s “monopoly power,” accusing the platform of blocking homeowners and agents for marketing listings elsewhere too…
From Staff Reports Former NFL quarterback Colt McCoy, following his January debut in the booming Fort Worth commercial real estate market, has named longtime local broker Matt Montague as Executive Managing Director of the full-service commercial firm HPI. Meanwhile, the firm’s Dallas-Fort Worth office is seeing traction in office leasing in downtown Dallas. Founded in…
