CoStar Group is using Boost, its new Homes.com marketing feature, in an attempt to counter the bans by Zillow and Redfin on listings that are publicly marketed prior to being entered into the MLS.
On Thursday, CoStar Group CEO Andy Florance told Inman News that Boost will be free for listings impacted by the Zillow and Redfin bans.
While the real estate brokerage community battles it out over the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP), lawmakers in one state have taken things into their own hands.
The heated debate around the Clear Cooperation Policy (CCP) has roiled the real estate brokerage space as a result of fierce pushback on the rule from Compass.
But company CEO Robert Reffkin has a question amid what he characterized as “negative narratives and scare tactics.” What’s the downside for a home seller of Compass’s “three-phase marketing” strategy?
As the debate over the Clear Cooperation Policy (CCP) and the proliferation of private listings has heated up, the term “fiduciary duty” has been bandied about. But could listing a client’s property on a private network instead of the MLS really be considered a breach of fiduciary duty? HousingWire consulted legal and consumer advocacy experts to find out.
Tamir Poleg, chairman and CEO of The Real Brokerage, closed out the prepared remarks section of his firm’s first-quarter 2025 earnings call by addressing the “transformative technological era” the industry is currently operating in.
The catch was, listeners thought it was Poleg, but it wasn’t.
Zillow reported a strong start to 2025, exceeding its first-quarter 2025 outlook with $598 million in revenue, up 13% year over year.
The company also posted $153 million in adjusted EBITDA and achieved GAAP profitability — driven by cost management and margin expansion, leaders said.
eXp World Holdings, the parent company of eXp Realty, reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI).
The company reported revenue of $954.9 million for the quarter, an increase of 1% year over year. Adjusted EBITDA was $2.2 million.
For supporters of the Clear Cooperation Policy (CCP), fair housing is one of the main arguments against further growth of private listings.
From eXp Realty CEO Leo Pareja, to NextHome CEO James Dwiggins, to Zillow’s chief industry development officer Errol Samuelson, the concept of withholding listings from the MLS is being framed as a “fair housing disaster.”
The economic headwinds facing real estate brokerages keep piling up, and it’s taking a toll on RE/MAX.
On its first-quarter 2025 earnings call Friday morning, the company disclosed year-over-year declines in revenue, U.S. agent count and operating cash flow, leading to a net income loss of $3.2 million.
Industry debate around off-market listings — or pocket listings — has become increasingly heated.
For some agents, these private transactions are tools of exclusivity and strategy. For others, they’re a disservice to sellers and a potential breach of fiduciary duty.
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