Trending News: June 14, 2023

Better.com lays off in-house real estate agents nationwide, RealTrends + Tom Ferry release The Thousand 2023 real estate rankings, and the DOJ wants to continue investigating NAR.

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Show Notes

Better.com lays off in-house real estate agents nationwide: Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform. Read more

The DOJ wants to continue investigating NAR: According to the brief, the DOJ wants to resume its “consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually” and states that it never agreed not to reopen its probe into NAR’s Clear Cooperation Policy and Participation Rule. Read more

2023 The Thousand real estate rankings show shining stars: This year’s rankings mirror what is happening in the market — low inventory, still high prices — with a record number of real estate professionals qualifying by sales volume and transaction sides, although average sides dropped from last year. Read more

Music by: Gloria Tells from Epidemic Sound

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