News

Chime: Chatbot AI Assistant at 93% conversational accuracy

The company attributes the success to “consistent coaching and humanizing of the chatbot,” which in the past year increased daily messages by 322 percent and daily lead responses by over

Opendoor’s losses doubled in Q4 as the iBuyer’s revenue fell 25%

The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That’s better than the previous quarter, but a big jump from the

Growing your business with tech, teams and new development

Watch this week’s three new expert-led classes featuring top tips for agents, and what you should know about the latest tech trends  

The hottest tools to add to your AI toolbox in 2023

ChatGPT is only a sliver of what’s already available in the AI space. Bernice Ross talks to team leader Kendall Bonner and offers a roundup of some of the hottest

Broker Spotlight: Boris Fabrikant and Collin Bond, The Fabrikant Bond Team at Compass

Find out how these attorneys, brokers and friends put their legal and financial expertise to work to create exceptional outcomes.  

Lawsuit accuses eXp agents of sexual assault, drugging women

According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events.  

Ohio 4th state to sue MV Realty over allegedly ‘shameful business model’

Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its “homeowner benefit agreements” in Florida, Pennsylvania and Massachusetts.  

Anywhere profitability dips in Q4 as executives brace for disruptive 2023

Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound

Homebuyer demand cools to lowest level since 1995 as rates rebound

An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates rise for the second week