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Judge denies Compass injunction against Zillow listing policy

A New York City-based U.S. District Court judge has denied Compass’s preliminary injunction motion in its antitrust lawsuit against Zillow.  As a result of Judge Jeannette Vargas’ ruling, Zillow may continue enforcing its listing access standard policy, which bans listings from its site that have been publicly advertised for more than one business day prior…

Redfin rolls out ChatGPT app for real estate searches

Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT.  The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to their home search parameters and chat with the…

Foreign investors keep U.S. real estate moving

While many of the latest conversations around the U.S. real estate market have focused on affordability and interest rates, one segment continues to move forward: foreign investors. While domestic buyers remain more cautious, investors from abroad are driving much of the transaction volume in many U.S. markets. One reason is that foreign buyers view risk,…

Brown Harris Stevens names Maggie Ross to lead Brooklyn sales

Brown Harris Stevens (BHS) is welcoming Maggie Ross as its new managing director of sales for the firm’s Brooklyn operation, according to an announcement on Wednesday.  Prior to accepting this position at BHS, Ross was an associate real estate broker at Compass.  In her new role at BHS, Ross will be tasked with overseeing all…