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As Open Real Estate makes headlines around the future of listing flow and control, Compass CEO Robert Reffkin addressed the initiative in the company’s third quarter earnings call, saying Compass “welcome(s) this change.” Reffkin said that Open Real Estate’s plan “actually validates” Compass’s messaging over recent years, and he is “excited to see the four…

The post Compass ‘Welcomes’ Open Real Estate, Sees Record Quarterly Earnings appeared first on RISMedia.

After a successful inaugural competition, RISMedia is bringing back its 2nd Annual Tech Showdown to recognize emerging technology companies developing innovative solutions that could reshape the real estate industry. Open to companies launched within the past one to three years, the competition seeks technologies designed to help brokers and agents improve efficiency, streamline operations and…

The post Nominations Now Open for RISMedia’s 2nd Annual Tech Showdown appeared first on RISMedia.

After over a year of working as CEO, Opendoor’s Kaz Nejatian reported significant growth in revenue and market share during the iBuyer’s Q3 earnings call, and attributed the gains to a shift into AI infrastructure as the company says it has found ways to flip more homes without overpaying. “This past quarter we rebuilt this…

The post Opendoor Says It ‘Rebuilt’ System With AI, Triples Home Purchases appeared first on RISMedia.

A day after the stock market hit the skids big-time, there was good news on the employment front. U.S. employers hired at a vigorous pace in October, adding 165,000 jobs, way above the 65,000 forecast, while the unemployment rate lowered slightly to 4.1% from 4.2%. The report from the U.S. Bureau of Labor Statistics shows…

The post Jobs Jump in October, With Unemployment Dipping Slightly appeared first on RISMedia.

Above, Dane Briggs Phil Sexton, founder of HomeSmart’s NEXT team, has announced his business partnership with fellow Arizona real estate industry veteran Dane Briggs. In this leadership role, Briggs will support the team’s advancement, including the development of agent-focused workflows and AI integrations.  A release writes that Sexton and Briggs have spent the majority of…

The post Real Estate Veteran Dane Briggs Partners with HomeSmart NEXT Founder Phil Sexton in Leadership Role appeared first on RISMedia.

Connecticut’s SmartMLS has announced that it will introduce a new Ownership Verification tool from Property Shield designed to help real estate professionals combat seller-impersonation and vacant-land scams. According to a release, the new technology, expected to become available to SmartMLS next week, provides an additional way for real estate professionals to verify the identity of…

The post SmartMLS Introduces New Ownership Verification Tool to Help Combat Seller-Impersonation and Land Scams appeared first on RISMedia.