Friday, October 4, 2024

Resignations, lawsuit updates, ChatGPT: Inman’s Top 5

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The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

And don’t miss The Download, our weekly column that breaks down one of the top stories of the week and equips you with what you’ll need to meet next Monday head-on.

NAR President Tracy Kasper resigns, alleges blackmail

The National Association of Realtors’ leader said she recently received a “threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.”

You sold HOW MANY houses last year? The Download

A “glut” of agents, low inventory and a down market mean part-timers now make up the majority of real estate professionals, according to the Consumer Federation of America. What does that mean for clients — and for the industry?

NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit

The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court.

49% of agents sold either 1 home or none at all in the past year: CFA

Champion studio | Shutterstock.com

Agent “glut” means part-timers are now the majority, leading to “widespread incompetence and pressure to maintain high commission rates,” according to the Consumer Federation of America.

Prompt like a pro with ChatGPT, and you’ll get unparalleled output

Rajeev Sajja and Jimmy Burgess offer a four-step formula for making your ChatGPT input the best it can be, so you get the results you really want.

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