Every Friday, we round up the most popular, most read, most critical stories of the week to give you a quick catchup on the big headlines you might have missed in the hustle and bustle of the workweek. Here’s this week’s Top 5 as chosen by our readers.
P.S. Don’t miss The Download, our weekly column that breaks down one of the week’s top stories and equips you with what you’ll need to meet next Monday head-on.
Compass just declared independence from the MLS and took Redfin and Rocket with it
What does this partnership mean? Coldwell Banker agent Cara Ameer examines Compass’ latest moves against “organized real estate” for answers.
See which states are looking to limit private real estate listings
Credit: Canva
Lawmakers in a growing number of states are proposing bills that would require broad public marketing of real estate listings.
With Rocket deal, Compass strikes at organized real estate. ‘It really seems like war.’
Robert Reffkin at Inman Connect New York Thursday.
“If I was a large MLS, I would be having war room discussions about what our model is going forward in a worst case scenario,” one industry veteran told Inman.
The Compass-Rocket listing partnership has agents in ‘wait-and-see’ mode
Credit: Canva Pro Photos
Compass rocked the industry with a partnership that displays its coming-soon listings on Redfin. Brokers are intrigued, but unwilling to make brash business decisions in response to the move.
Mortgage rates surge upward amid Iran conflict
Credit: Canva
After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict.
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