How to navigate a successful brokerage acquisition

In the wake of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement, RealTrends Consulting co-founder Steve Murray predicted a new wave of industry consolidation. “Almost any time in history the U.S. federal government gets involved in this kind of litigation against
Read MoreHouse Democrats call for more action on US housing crisis

As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses.Rep. Shontel Brown (D-Ohio) on Tuesday introduced a
Read MoreFormer CFO sues Real Brokerage, alleges discrimination

The former chief financial officer of cloud-based real estate firm The Real Brokerage has filed a federal lawsuit alleging she was pushed out of the company after becoming pregnant and taking maternity leave.Michelle Ressler, who was relieved of her role as CFO in April, claims in the suit that Real
Read MoreRocket Pro announces partnership with Vetted VA

Rocket Pro is partnering with Vetted VA, which provides education to veterans and training to loan officers to give veterans better access to home loan benefits.The partnership, announced on Tuesday at The Gathering by HousingWire, will involve the training of Rocket staff and LOs by Vetted VA so th
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A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations.John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) poli
Read More RARE, a Canadian brokerage featured on reality TV, enters the US market

Canadian-based RARE Real Estate has launched operations in South Florida, marking its official entry into the U.S. market.The move is part of a broader expansion strategy by the fast-growing brokerage, which gained recent attention through its feature on the Amazon reality series “Luxe Listings Toro
Read MoreReverse mortgage performance was largely steady in May

Despite a raft of what might seem like contradictory economic data points and a challenged housing market, the reverse mortgage industry largely proceeded as normal based on key performance metrics for May 2025.Home Equity Conversion Mortgage (HECM) endorsements dropped by 1% in May to 2,296 loans,
Read More‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper

Glenn Kelman’s wife was starting to get worried. The Redfin founder and CEO’s behavior was unusual lately. He was staying up late into the night exchanging texts with someone.But there was no other woman. Kelman was group texting Varun Krishna, the CEO of Rocket Companies, and Jay Bray, the CEO of M
Read MoreUWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending

Discussions about the impact of artificial intelligence (AI) have dominated conversations on stage at HousingWire‘s The Gathering. But there seems to be little common ground as some lenders are excited for the chance to scale their businesses to new heights by taking away menial tasks, while others
Read More11 clever ways to use ChatGPT for real estate in 2025 (+ prompts)

Unless you’ve been living among the Amish, you’ve probably already tried ChatGPT for your real estate business. Most agents we work with have, but usually to write listing descriptions packed to the gills with fluffy language and way too many em dashes.Sound familiar? If so, you’ve barely scratched
Read MoreFannie Mae: Consumer housing market sentiment hits 2025 high point

U.S. consumer sentiment toward the housing market improved in May and reached its highest level since November 2024, according to Fannie Mae.Fannie Mae’s Home Purchase Sentiment Index (HPSI) rose 4.3 points to 73.5 last month, driven by increased optimism about home buying and selling conditions and
Read MoreCrossCountry Mortgage ordered to pay $2.1M in age discrimination case

An Ohio appeals court has upheld a jury’s decision that orders CrossCountry Mortgage (CCM), the nation’s eighth-largest mortgage lender, to pay $2.1 million to a former senior accountant who was allegedly fired due to her age. Cheryl Shephard, who joined CCM in 2016, filed the lawsuit in October 202
Read MoreAI training could be alienating, leaving out older adults

Technology disruptions often arrive quickly and loudly, as has been the case with recent evolutions in artificial intelligence (AI).The use of AI-powered chatbots and devices could reshape the way people live and work for decades to come. But with any new major technological shift also comes the pos
Read MoreBrokers might not agree on CCP, but they do believe in broad exposure for listings

Real estate industry executives may not see eye to eye on the National Association of Realtors‘ (NAR) Clear Cooperation Policy (CCP), but there is one thing they do agree on — the vast majority of sellers receive the most benefit from listing transparency and broad exposure of their listings. “The a
Read MoreAre real estate brokerages going the way of the dodo?

Real estate brokerages have faced their fair share of challenges over the past year — from legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. With all of these changes and challenges many wonder if we are on the precipice of a b
Read MoreCompass talks M&A strategy at The Gathering

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus. In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the C
Read MoreNew listings slump. Have home sellers already called it quits?
One of the most encouraging data points for 2025 so far is that new listings have finally emerged from a two-year slump, exceeding 80,000 per week during the seasonal peak period. The question is: Have we already seen the highest new listings print for the year? We are currently in the seasonal peri
Read MoreAI assistant Shilo closes $2.6 million seed funding round

Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday. The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Th
Read MoreTech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate.Here’s what happened this week:Robert Reffkin touts Compass’s AI platform, agent advocacy effortsCompass is preparing to launch a new AI
Read MoreCentury 21 expands with affiliation on Oregon coast

Century 21 Real Estate has added Shorepine Properties in Pacific City, Oregon, to its network — strengthening the brand’s presence in the state’s Central Coast region.Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. A former hospitality
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