Lenders, brokerages weather stock market sell-off, but homebuilders get thumped

The global stock selloff that began overnight in Asia rolled through U.S. markets on Monday as the S&P 500 and the Dow Jones Industrial Average fell by 3% and 2.6%, respectively. While technology-sector darlings such as Nvidia and Apple got thumped the hardest, the real estate industry also took its

Maui wildfire plaintiffs reach $4 billion settlement

More than 10,000 plaintiffs — including homeowners, businesses and other individuals — will receive a collective $4 billion settlement following a devastating wildfire on the Hawaiian island of Maui that killed 102 people and destroyed the historic city of Lahaina. The settlement was reached by the

How will listing agents share seller offers of buyer broker compensation off the MLS?

In less than two weeks, offers of compensation for buyers’ brokers will no longer be permitted on any MLS in the U.S, per the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement. While brokers across the country agree that they and their agents wil

Rechat forms tech partnership with Peerage Realty Partners

Real estate technology firm Rechat announced a strategic partnership on Monday with Peerage Realty Partners that aims to expand tech tool and service offerings for Peerage agents and brokers. Peerage is a top-10 residential real estate services firm that operates across North America and is closely