For a couple years now, RE/MAX has publicly stated that it is focused on reversing a trend of shrinking agent count in the U.S.—even as the brokerage touts overseas growth. That still hasn’t happened, with the company reporting a 6.9% year-over-year drop in U.S. agents for Q3 2025, and lowering its top-end revenue projections from…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. CRMLS-affiliated vendor REcore and CoStar lawsuit quickly resolved CRMLS, the second-largest MLS in the country sued CoStar on Oct. 21 over a dispute related to an alleged breach of contract with its licensing…
The latest monthly data from the University of Michigan’s flagship survey of consumer sentiment found less consumers mentioning interest rates as a barrier to big purchases like homes and cars, while the ongoing government shutdown so far is not having a huge impact on how people view the economy. At the same time, sentiment fell…
CoStar is providing a more forceful—and specific—pushback against accusations by Zillow that the company’s 3D home tour subsidiary, Matterport, blocked users from uploading tours on third-party websites, as earlier this week, one of the nation’s largest MLSs sought to remove CoStar-created media, before quickly reversing course. After Zillow on Monday removed Matterport tours from its…
One of the men at the center of sexual assault allegations that purportedly took place at eXp recruiting events is now alleging the company officially separated him not for the misconduct, but for unpaid dues. The company faces a high-stakes jury trial over the allegations next year. At an occasionally contentious hearing on Oct. 17,…
Zillow customers who had a Matterport 3D home tour on a listing woke up today to find the virtual tour option removed, with Zillow claiming that the CoStar-owned company changed its terms of service to restrict usage of Matterport-created content on “any third-party platform.” CoStar also chose not to renew its API agreement with Zillow,…
A federal judge yesterday temporarily blocked the Trump administration from laying off thousands more workers during an ongoing government shutdown, including around 442 from the Department of Housing and Urban Development (HUD). Granting a request in a lawsuit by federal labor unions, Judge Susan Illston in the Northern District of California cited President Donald Trump’s…
In a hearing today for the copyright lawsuit filed by CoStar against Zillow, Judge Edgardo Ramos of the Southern District of New York ordered both parties to submit more detailed arguments regarding the proper venue for the lawsuit, with CoStar previewing how it will allege Zillow is responsible for what the company claimed “may be…
The post-settlement period in real estate might be remembered as the era of consolidation, at least based on 2025’s headlines. Along with many smaller buyouts, the purchase of consumer portal and discount brokerage Redfin by mortgage giant Rocket, and Compass’s (still pending) deal to take over Anywhere are somewhat unprecedented, at least since the post-Great…
Five states are now joining in the federal legal challenge to last spring’s Zillow-Redfin rental merger, characterizing the $100 billion deal as anti-competitive and anti-consumer as law enforcement seek to block the deal. The states joining in the lawsuit are Connecticut, Arizona, Washington, Virginia and New York filing the suit in the Eastern District of…
Buyers are purchasing more than just a home when they sign their final offer—they’re buying into the entire neighborhood, so it’s a good idea to get acquainted with it yourself to highlight all of its features to potential buyers. Read more.
