CRMLS is not waiting around for a promised lawsuit from Compass over its listing policies, filing its own federal lawsuit against the mega-brokerage late last night as a fight over exclusive inventory and listing control has once again spilled into federal court. In the 36-page complaint, CRMLS asked a federal judge in New York to…

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Above, from left: Sean McRae, John Featherston, Chris Kelly, Creig Northrop, Ben Silva. On-screen: Synthetic humans JackAI and Mae. Photo by AJ Canaria. Artificial intelligence has moved well beyond the chatbot—ushering in what RISMedia Founder and CEO John Featherston likens to a modern-day Industrial Revolution. During RISMedia’s 38th Annual CEO & Leadership Exchange last week…

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Better drops challenge against Vishal Garg The Better Home & Finance Holding Company (commonly known as Better) announced in an Oct. 5 press release that their Special Committee withdrew its challenge to the…

The post Court Report: Vishal Garg Wins Majority Votes, Set to Oust Five Directors; Compass/CRMLS Tensions Spike appeared first on RISMedia.

The potential Fathom and Bed Bath & Beyond parent merger is no more. After Bed Bath & Beyond, now under the corporate name Neighborhood Intelligence, first agreed to acquire real estate brokerage Fathom Holdings last June, the companies, in an Oct. 5 press release, said the deal would not be consummated due to current valuations…

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HomeServices of America and Long & Foster Companies have named Daniel Dennis president & CEO of the iconic, 55-year-old firm.  With more than two decades of brokerage, luxury and national industry experience, Dennis succeeds Patrick Bain, who is stepping down following a 16-year career with the firm, including as president & CEO for the last…

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Lofty has announced the release of Lofty MCP Server—a new capability that offers brokerages a secure way to connect with other AI tools, data and proprietary workflows direct from the Lofty platform. According to a release, Lofty’s MCP Server is designed to provide brokerages with the open extensibility needed to maximize AI investments, and enables…

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The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.28%, up from last week’s average of 7.03% and up from last year’s…

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Unemployment continues to remain steady around the 4% range, according to the Bureau of Labor Statistics (BLS). The latest Employment Situation Summary from the BLS reports that the unemployment rate grew slightly—but not dramatically—to 4.2%, with the addition of 29,000 jobs. Previously, the unemployment rate sat at 4.1% for August. Categories like construction and manufacturing…

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Above, from left, Matt Widdows, founder and CEO, HomeSmart; Anthony Lamacchia, broker/owner and CEO, Lamacchia Realty, Inc.; DeAnn Golden, president and CEO, Berkshire Hathaway HomeServices Georgia Properties; and Tracy Hutton, CEO and owner, CENTURY 21 Scheetz. Photo by AJ Canarla. News coverage—both from mainstream media and real estate organizations—tends to focus on national trends. But…

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Above, five industry leaders including (second from left) Emmett Laffey, Marki Lemons Ryhal, Richard Haggerty, Mike Hickman and (not pictured) Steve Morris, were inducted into RISMedia’s Newsmakers Hall of Fame during its 2026 Annual Awards Gala at the CEO & Leadership Exchange in Washington, D.C. Left, RISMedia’s Maria Patterson and far right, John Featherston. Photo…

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