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Zillow REJECTED by Compass? Is Housing Going Under??? 📱

Автор: this Week in Real Estate - tWiRE

Загружено: 2025-12-03

Просмотров: 90

Описание: Did Zillow really offer Compass up to $1.6 BILLION a year if they’d let Zillow help “double-end” pre-marketed listings? In Episode 343 of tWiRE (LIVE), we break down Robert Reffkin’s viral post, what that alleged offer actually was, and what it says about portals, power, and who really controls the consumer relationship in today’s real estate market.

Then we zoom out to everything shaking the 2025 housing market this week: Zillow quietly scrubbing climate-risk scores from listings, new pushes for referral-fee transparency, and fresh affordability data showing just how hard it is to rent or buy on a normal income.

In this LIVE episode we cover:
Compass vs. Zillow
Reffkin’s claim that Zillow dangled a $1.3–$1.6B “revenue uplift” if Compass let the portal route every buyer to a Compass buyer’s agent on pre-marketed listings.
Why Compass says it walked away, what this means for double-ending deals, and how real estate agents should talk about this with their own buyers and sellers.
Zillow pulls climate data
Why climate-risk scores vanished from listings.
MLS complaints about accuracy versus buyers’ right to know about flood, fire, and heat risk.
What this change means for consumer trust, disclosure, and liability going forward.
Referral fees and fine print
How the California Association of Realtors is rewriting forms to spotlight referral fees after NAR’s failed vote.
Why big brokerages are rolling out their own enhanced referral-fee disclosures anyway, and what smart agents should be doing now.
Affordability crisis check-in
New numbers showing the typical retail worker earns tens of thousands less than they need to afford the typical apartment.
A construction labor crunch that is driving up costs, slowing new-home delivery, and deepening the housing affordability crisis.
How labor, regulation, and rent burdens are colliding to keep housing out of reach for many renters and first-time buyers.
Prices, new construction, and buyer regret
Zillow data showing record-level price cuts and what that really means for sellers who still want “spring 2022 money.”
New-construction’s price premium dropping to a record-low 10.2% and why builders are suddenly some of the most motivated sellers in the market.
Buyer’s remorse falling sharply as days on market stretch, contingencies come back, and buyers get more time to think.
Contracts, cancellations, and mortgage rates
About 15% of October home-purchase contracts falling through and where cancellations are clustering.
Mortgage rates finally ticking lower, why demand barely moved, and what to watch as markets react to the next round of economic news.

Whether you’re an agent, buyer, seller, or real estate investor, this episode is all about power and pressure in today’s market: who controls the listings, who controls the fees, and who is getting squeezed on the ground.

🔴 We’re LIVE – jump into the chat and add your take in real time.
🔔 Subscribe to catch tWiRE every week and stay ahead of the headlines.
👍 Like the stream, share it with an agent friend, and drop your opinion in the comments:

Would you have taken Zillow’s billion-dollar deal – or walked away like Compass?

___________________
THE RUNDOWN
___________________
0:00 - Intro & much maligned banter
5:47 - Robert Refkin's Facebook Post calling OUT Zillow!
15:27 - Zillow reverses course and removes climate data from listings
23:26 - California Association of Realtors leans into referral fee transparency
27:52 - After failed NAR vote, brokerages beef up referral disclosures
29:37 - Typical Retail Worker Earns $37,000 Less Than Needed to Afford Typical Apartment
36:28 - Rising Home Prices, Economic Volatility Curb Would-Be Buyers’ Appetites in Leadup to Thanksgiving
37:10 - Mortgage rates finally moved lower last week, but that didn’t do much for demand
40:06 - Buyer Regret Took a Steep Drop in 2025. New Data Shows Why
45:04 - Record Price Cuts Are Hitting the Housing Market, According to New Zillow Data
46:06 - Construction labor crunch drives up costs and deepens America’s housing affordability crisis
51:53 - New Construction Price Premium Drops to Record-Low 10.2%
57:25 - 15% of Home Purchases Fell Through in October, Up Slightly From a Year Earlier

__________________________
-- SOURCED ARTICLES --
__________________________
  / pfbid02vbupsknc9zfgsca4uudqqxfoczacraayfhp...  
https://www.inman.com/2025/12/01/zill...
https://www.inman.com/2025/11/24/cali...
https://www.inman.com/2025/11/26/afte...
https://www.redfin.com/news/retail-wo...
https://www.redfin.com/news/housing-m...

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Zillow REJECTED by Compass? Is Housing Going Under??? 📱

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