Compass launches Buyer Demand tool to help agents price homes

Compass is adding another feature to its suite of agent technology tools. On Tuesday, the Robert Reffkin-helmed firm announced the launch of Buyer Demand. Buyer Demand enables Compass agents and their home seller clients to see the number of serious buyers in Compass’s network who are searching for
Read MoreTrade groups push plan to let GSEs buy MBS to ease mortgage rates

Trade groups representing community banks and home lenders are urging the Trump administration to allow Fannie Mae and Freddie Mac to purchase mortgage-backed securities (MBS) to help bring down mortgage rates. The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the
Read MoreWhy more homeowners are listing without agents — and regretting it

Selling a home has become a more complex decision as online platforms offer new ways to bypass real estate agents. According to a new Clever Offers survey, 42% of sellers said market conditions influenced how they sold their home, and many chose alternative routes such as cash buyers, iBuyers or for
Read MoreIt’s up to MLSs to decide if the Zillow-ChatGPT integration violates IDX policies

The National Association of Realtors (NAR) has weighed in on the ongoing debate over whether or not Zillow’s app integration with OpenAI’s ChatGPT violates MLS IDX policies. In a statement issued on Tuesday, NAR said that when it comes to enforcement, “each MLS is individually responsible for conduc
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