Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. As the TikTok ban looms—with the Protecting Americans from Foreign Adversary Controlled Applications Act now signed into law and in motion—there’s many in the real estate industry that… […]
Forbes Global Properties has announced that Luxury Living Costa Rica has joined its network. Family-owned and operated for more than 30 years, Luxury Living Costa Rica will exclusively represent the brand throughout Costa Rica, meeting the needs of sophisticated and affluent local and global buyers. Luxury Living Costa Rica was founded in 1990 by Yali… […]
Weichert Real Estate Affiliates, Inc. has been named a Top Low-Cost Franchise by Entrepreneur magazine for the fifth consecutive year, appearing on its 2024 list of “Top Franchises for Less than $150,000.” To earn recognition as a Top Low-Cost Franchise, Weichert stated that companies must have appeared on the 2024 Entrepreneur “Franchise 500” list, an… […]
The leadership shake ups just keep coming out of eXp Realty. The company continues to lean on its cache of internal talent to carry its brand into the future. In its latest move on Tuesday, the brokerage announced that Tampa eXp Realty agent and team leader Kendall Bonner as Vice President of Industry Relations. She… […]
Spotlights were shining down onstage, but it was Quintavius Burdette who lit up the arena during the opening session of the 2024 RE/MAX R4® convention, the brand’s annual global event known for its education and networking opportunities. Since the former Division I college football player began his career with RE/MAX® five years ago, he’s closed… […]
The Federal Housing Finance Agency (FHFA) has announced its finalized Fair Lending, Fair Housing, and Equitable Housing Finance Plans to address barriers to sustainable housing opportunities. In a release, the National Association of REALTORS® (NAR) praised FHFA’s efforts to codify existing practices and programs. The new plans show a sustained commitment to remove obstacles to… […]
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.4% annual gain for February, up from a 6.0% rise in the previous month. The data from the leading measure of U.S. home prices released April 30 shows that 18 out of the 20 major metro markets… […]
eXp Realty® has announced the appointment of Tampa eXp Realty agent and team leader Kendall Bonner as vice president of Industry Relations. She will be responsible for developing and fortifying strategic partnerships within the real estate sector. With more than a decade of industry experience, eXp stated that Bonner will focus on guiding agents through… […]
Consumers have been feeling the waves of unrest in the economy, with mortgage rates now back up above 7% and the PCE index—the Fed’s favorite measure of inflation—up by 2.8% year-over-year. Consumer confidence fell significantly in April, dropping from 103.1 in March to 97, according to the latest data from The Conference Board. After the… […]
Artificial intelligence (AI) has become one of the world’s most favorable technology tools, as millions of people from the general population to real estate professionals alike use various models programmed for different purposes, all with the goal of expanding their knowledge in their respective fields—or honing their skills. Looking at the real estate industry specifically,… […]
Amid a cascade of lawsuit settlements and forthcoming rule changes that stand to disrupt the real estate playing field, brokerage leaders are striving to stay ahead of the fast and furious pace of industry evolution. Next week, five of real estate’s top leaders, representing various corners of the U.S., will gather for an exclusive panel… […]
In today’s eco-conscious environment, energy efficiency isn’t just a buzzword—it’s a property’s standout feature. As a real estate agent, I witness first-hand how homeowners and buyers prioritize sustainability, driving demand for green improvements. This shift isn’t just ethical; it’s economical. Investments in energy-efficient home improvements, such as window replacements, insulation upgrades, solar panels and Energy… […]
Lead generation platform PropStream has announced it will be attending the STR Summit, designed to educate aspiring Airbnb investors. The event occurs from June 23-25, 2024, in Denver, Colorado at the Gaylord Rockies Resort & Convention Center. The STR Summit is targeted at short-term rental investors. Topics of discussion include the ten steps to building… […]
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of April 2024 saw many settlements in the class-action lawsuits facing the National Association of REALTORS® (NAR), brokerages and MLSs. (For a full list of these lawsuits and their scope,… […]
Above, Ryan Schneider Making the decision to be the first company to settle class action lawsuits last September has and should continue to give brokerage giant Anywhere Real Estate a major leg up on moving forward regarding how buyer agents conduct their business, according to President and CEO Ryan Schneider. Responding in-depth to questions following… […]
Change is no longer on the horizon. It’s here. Now more than ever, RISMedia’s 36th Annual CEO & Leadership Exchange is a can’t-miss gathering of more than 400 of the industry’s most powerful residential real estate decision-makers. Join us on September 4 – 6 at the historic Mayflower Hotel in Washington, D.C., where 100 of… […]
The settlement domino effect appears to be accelerating. Only one company—Keller Williams—chose to settle commission-focused lawsuits in the three months between November 2023 and February 2024, even as hundreds of companies were named in dozens of Burnett copycat suits across the country following a $1.8 billion verdict against the industry. Now, in the last month… […]
The latest market report or March from OneKey MLS, covering the southern counties of New York state (from Long Island to the Hudson Valley), shows a year-over-year regional median sales price increase in single-family homes by 10.2%. ($650,000, compared to $590,000 in March 2023). Condominiums and co-ops experienced price increases as well: Condos: $475,000 to $495,000,… […]
Lawyers for Keller Williams fired back at former CEO John Davis in a court filing this week, claiming he is using the judicial system as a vehicle for publicity—the latest volley in an acrimonious legal saga that has included a withdrawn sexual assault claim, accusations of wild self-dealing and high-level leadership shake-ups at the mega-franchisor.… […]
Hopes for lower mortgage rates soon were tempered Apr. 26 as inflation showed little signs of easing in March, with a key report the Federal Reserve eyes closely showing that price pressures remain elevated. The PCE Index, the Federal Reserve’s preferred measure of inflation, rose 2.8% from a year ago in March, the same as… […]
United® Real Estate has announced the official rollout of its Financial Wellness Program. The curated bundle of services bridges longstanding gaps for independent contractors. In addition to an ever-growing suite of marketing tools, lead generation tools, and unique commission structures that maximize an affiliate’s income, United’s agents and owners will now have access to a… […]
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Rates continue to push above 7%, according to the latest data from Freddie Mac, as new inflation data and slower than expected economic growth have tempered hopes that the Federal Reserve will significantly slash rates… […]
Anywhere Real Estate Inc. was named on the America’s Best Employers for Diversity 2024 list, presented by Forbes and Statista Inc. This is the fifth time Anywhere was recognized as a diversity leader by Forbes, reinforcing the company’s long-term commitment to inclusion in real estate. Anywhere ranks among the publication’s top 50 companies, jumping more… […]
Above, Vickey Barron The industry has undergone a seismic shift in the wake of the Burnett verdict, prompting a greater emphasis on transparency and consumer confidence. As we prepare for the changes that could inevitably be coming down the pike, some people have taken a more proactive approach. Amid this industry-wide transformation, the Real Estate… […]
Ryan Davis, vice president of Diversity, Equity and Inclusion (DEI) at the National Association of REALTORS® (NAR), has evolved into a leader that over 1.5 million members across over 1,000 state and local REALTOR® associations turn to for strategy and guidance. His drive and determination to shape an equally represented real estate industry is a… […]
Better Homes and Gardens Real Estate Advantage One, located in Fargo, North Dakota, is the latest firm to join the Better Homes and Gardens brand, the company has announced. First founded in 1989, an ownership group led by Drew Likness has operated the company since 2019, acquiring it from founders and long-time owners Neil Graf… […]
Above, Wendy Forsythe eXp Realty® has announced the appointment of Wendy Forsythe as chief marketing officer. She will be responsible for building eXp Realty’s marketing strategies and initiatives globally. Forsythe previously held executive real estate positions at Compass, Fathom and HomeSmart International. “Wendy’s extensive experience and passion for real estate marketing uniquely position her to… […]
A property lien is not just a term but a significant factor that can influence the outcome of home sales. Essentially, a lien is a legal claim or right against a property instituted by a creditor to secure debts or obligations owed by the homeowner. Its presence is a critical aspect that both buyers and… […]
Despite rising mortgage rates, pending home sales jumped 3.4% in March, according to the latest housing report from the National Association of REALTORS® (NAR). Transaction volumes in the Northeast, South and West bore witness to monthly increases, as the Midwest was the only region to have recorded a loss. Year-over-year however, only the Midwest and… […]
Above, Scott Harris Editor’s Note: The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents with insights and information to ensure they not only survive but thrive in… […]
After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers: The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week… […]
In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing a downward, though not as deep, trend for the last few quarters. Generated revenue was $1.1 billion, which follows revenue of $1.250 billion in Q4 2023, down 6% from Q4 2022, when it was $1.323… […]
The last thing you want as a buyer agent after signing a client who is excited to purchase a home is for them to get depressed by elevated mortgage rates and decide to put their search on hold. While nothing changes the numbers, what you can (and should) do is have ideas and recommendations for… […]
In today’s rapidly changing business landscape, I feel compelled to share my insights on transformational leadership because, now more than ever, effective leadership is critical for inspiring teams and driving sustainable success. As leaders, we are continuously navigating through the ups and downs of organizational life, tackling challenges like unmet goals, legal issues and low… […]
Anywhere Real Estate Inc. has announced it has celebrated the ninth graduating class of ASCEND: The Executive Leadership Experience. The graduates included 37 real estate leaders, including broker/owners from across the company’s brands. Anywhere offers the ASCEND program to its brand-affiliated broker/owners and rising senior-level leaders of large, multi-office franchisees and distinguished individuals from its… […]
Above, Mike Hoover. Texas real estate brokerage @properties Lone Star Christie’s International Real Estate has announced it is expanding into Fort Worth, bringing on former Monument and Sotheby’s office leader Michael Hoover as regional vice president to run brokerage operations for the new office. This will mark the third office in the Metroplex for the… […]
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 19, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on… […]
On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted to ban noncompete clauses—language in employment contracts that prevents departed employees from working for competitors after a set period of time. The ruling not only bans new non-compete clauses from being signed, but would void existing ones—however, there is an exception to noncompete clauses… […]
Editor’s Note: The Top 1,000 brokerage firms for the 2024 Power Broker Report ranked by sales volume and transactions are available to Premier members here. The Power Broker interviews interviews feature heads and leaders within some of the top brokerages of the list sharing their insights for success in real estate. Check back soon for… […]
Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call he believes incumbents like Zillow, realtor.com® and Redfin are facing major headwinds from changes agreed to by the National Association of REALTORS® (NAR) as part of a recent lawsuit settlement. “With recent seismic legal settlements… […]
The parent company of @properties and Christie’s International Real Estate today became the latest brokerage to settle seller commission lawsuits, according to court filings, and also the first independent to do so. At the same time, Realty ONE Group indicated it had reached an agreement to end litigation by sellers. The @properties and Christie’s International… […]
Percy.ai—a leader in data intelligence and fintech marketing for the real estate and mortgage sectors—has announced the appointment of Lisa Larson as its new Chief Strategy Officer. With over two decades of expertise in real estate property technology across North America, Larson will spearhead the development of AI and Machine Learning strategies and manage the… […]
Better Homes and Gardens Real Estate LLC announced today the 10-year renewal of Better Homes and Gardens Real Estate Metro Brokers in Atlanta, Georgia. Established in 1979, Better Homes and Gardens Real Estate stated that Metro Brokers has expanded to 27 locations and more than 2,400 real estate agents. In 2023, under the leadership of president… […]
RE/MAX has published its latest housing report, offering key market insights on both a national level and among key metro areas. Key details: Home sales increased 21.6% month over month, from February to March 2024. However, this is a noticeably smaller increase in sales than in March 2023 (37.7%) and March 2022 (33.2%). The… […]
In the latest RISMedia webinar—“How to Diversify Strategies That Break Barriers and Expand Business in a Post-Burnett World”—high-level industry leaders discuss how the real estate industry can and must change after the class-action commission lawsuits. The webinar was moderated by Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty and former National Association of REALTORS®… […]
Social Skills: What’s Up With WhatsApp Business? 3 Ways This App Can Boost Your Real Estate Business
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. It’s 2024, and today’s buyers and sellers are a mobile-first demographic, always looking to their phones to research, explore and connect. Communicating with your clients effectively can make… […]
In the ever-evolving landscape of real estate, success is not merely a matter of chance but a product of deliberate habits and strategies. Having assisted hundreds of real estate businesses with bookkeeping and taxes services this quarter alone, Brandon Green and his team at Alchemy of Money, a leading financial services firm catering exclusively to… […]
A federal judge today promptly issued preliminary approval to the landmark settlement agreement struck last month between the National Association of REALTORS® (NAR) and a class of recent homesellers, a major, if expected step toward finalizing a deal that will see NAR pay $418 million and make major changes to policies and practice. Judge Stephen… […]
As mortgage rates rose back up to the 7% range last week and home prices remain elevated, market signs don’t necessarily point to significant improvement anytime soon. Despite the challenges, however, new-home sales continue to fight through—posting a strong rise in March. New-home sales rose 8.8% in March to a rate of 693,000, up 8.3%… […]
After two years of incredible industry response—and an expansion to honor not just a national winner but five regional winners and 20 runners-up—RISMedia’s third annual Real Estate Rookie of the Year contest opens for nominations on May 1. A program designed to honor real estate agents who are new to the business yet achieving extraordinary… […]
Compensation is being removed from the MLS, and buyer agents will be required to sign written agreements with clients. Those changes affect everyone, but not everyone is reacting, adapting or preparing for them in the same way. With how local real estate remains, the path forward will depend on who you are following. Merri Jo… […]
In a profession built on trust, integrity, and fairness, a new initiative is emerging to raise the bar for real estate professionals nationwide. The Jason Mitchell Group (JMG) has announced the launch of The Real Estate Agent Pledge—a transformative movement aimed at promoting transparency and fairness in every real estate transaction. The Real Estate Agent… […]
Removing wallpaper can rejuvenate or transform any space. Whether you’re updating your home’s look or preparing to put your house on the market. However, deciding between embarking on a DIY project or hiring professionals involves more than just time and effort. It’s also about understanding the costs involved. I will share my knowledge of the… […]
CoStar, the commercial conglomerate-turned residential portal gate-crasher, announced today that it is acquiring Matterport in a deal worth $1.6 billion, adding what appears to be a highly complementary new business to its growing arsenal of real estate-focused companies. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy… […]
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Courts rarely move fast. Although it has been over a month since the National Association of REALTORS® (NAR) announced that it was settling seller lawsuits, and 10 days since a judicial panel issued… […]
It wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and driving lenders with more business than they could handle. During the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the 2% to 3% range were a boon for business. Mortgage lenders originated $2.57 trillion in refinance… […]
From a young age, we all have an idea of a dream destination that we’d like to call home; somewhere luxurious on the water, or in some cases, a small remote cabin on a lake far from civilization. The idea to call a house or community our own is what most in modern society strive… […]
HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—announced a partnership with Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts. HomeAdvantage is a tech-enabled platform providing nationwide MLS portals along with a nationwide network of real estate professionals, streamlines the home buying… […]
As a third-generation broker, with both his grandfather and father deeply involved in the company business, Steve Fase II naturally gravitated toward real estate. Growing up, Fase watched them working hard every day to help buyers and sellers, and help agents achieve their goals. The impact of building those relationships over the years piqued his… […]
Reliance—a leading U.S. real estate technology company—has partnered with Hegg, REALTORS® Inc. to unveil the South Dakota-based real estate brokerage’s new website, featuring Reliance’s cutting-edge hyperlocal search engine. The oldest real estate company in South Dakota, Hegg is a part of Edina Realty and a Berkshire Hathaway affiliate, according to a release. Founded in 1945… […]
The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the latest release from The Conference Board. March’s LEI is down 2.2% over the six-month period between September 2023 and March 2024—down from its 3.4% contraction over the previous six months. February’s 0.2% increase was the… […]
Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand. The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and… […]
Above, John Coake. Last fall, Compass acquired Realty Austin and Realty San Antonio—a boutique firm with four offices boasting two decades of familiarity and success in their respective Texas markets. According to John Coake, the newly acquired company’s head of sales and broker associate, the move provides a unique opportunity. “Joining Compass has elevated our… […]
Inflation. Interest rates. Inventory shortage. Add to that a court decision that found major real estate players guilty of price fixing—along with the contagion of copycat lawsuits that ensued—and 2023 goes down as potentially the most trying year in the history of residential real estate. Plagued by a post-pandemic housing recession that is stretching into… […]
BoomTown ROI, a real estate proptech company, confirmed Thursday that the cause of a multi-day system outage affecting potentially thousands of real estate professionals, was a system-wide hack from a malicious third-party source that began on April 10. The company, which provides real estate management software including IDX websites, lead generation and management and CRM… […]
In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2% in March compared to the same period last year, according to data from the MBA’s Builder Application Survey (BAS).… […]
Erin Peel remembers poring through the pictures in her mother’s heavy and closely guarded MLS book when she was just a kid in Kansas City – and while her mom left the real estate business after several years, the image of all those lovely homes stayed with her. Her path to real estate was not… […]
Real estate professionals are on the frontlines when it comes to advocating for fair housing and the future of our industry. As we commemorate Fair Housing Month in April, we asked some of our 2024 Real Estate Newsmakers who have a reputation for community activism the following question: “How are you promoting the principles of… […]
BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) recently released the fourth edition of “What Home Buyers Really Want.” “Based on a comprehensive nationwide survey of recent and prospective homebuyers, “What Home Buyers Really Want” offers unparalleled insights into the pulse of today’s housing demands,” said Carl Harris, chairman of the… […]
Septic tank inspections are crucial for any homeowner considering the purchase of a house with a septic system. I will cover the inspection process, identify who should perform it and explain its importance. A septic system handles a home’s wastewater, making its condition vital for property value and health standards. Inspections can prevent future expenses… […]
After a promising start to the year, existing-home sales declined 4.3% in March, to a seasonally adjusted annual rate of 4.19 million, according to the latest report from the National Association of REALTORS® (NAR). This represents a 3.7% decline year-over-year (in March 2023, home sales were 4.35 million). After dropping to the lowest level in… […]
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate mortgage (FRM) averaged 7.10% this week, up from last week’s increase to 6.88%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. The numbers: The 30-year FRM averaged 7.10 percent… […]
The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents with insights and information to ensure they not only survive but thrive in these challenging times. Industry professionals… […]
In a case that could have broader implications for nearly every large real estate company, a federal judge ruled earlier this week that Keller Williams as a franchisor can be held responsible for the actions of individual agents who made sales calls to individuals on “Do Not Call” registries. The ruling stems from a long-running… […]
As REcolorado commemorates its 40th anniversary, Justin Knoll’s illustrious career in Colorado’s real estate landscape takes on added significance. With a diverse background, Knoll’s recent venture into proptech development provides a renewed perspective on the industry’s trajectory. Through its four-decade journey, REcolorado has continually set the standard for MLS excellence—driving progress and shaping the future… […]
LaMarcus Thurman, vice president of community lending at Howard Hanna and co-founder of company division United Purpose Mortgage, makes an impact as both a professional and an activist. A member of numerous non-profit boards, Thurman’s efforts at expanding homeownership earned him his first RISMedia Newsmakers award in 2024 as a Crusader. For the latest entry… […]
Change, with its inherent unpredictability, can rattle even the most composed teams. The true essence of leadership lies in metamorphosing this uncertainty into a beacon of opportunity, transforming fear into courage, and translating confusion into lucid clarity. Our reaction to change can either be the wind in our sails or the anchor dragging us down.… […]
Leading Real Estate Companies of the World® has announced it has added Roomvu to its solutions group program of preferred business resources for its global network of 550 market-leading real estate firms. Roomvu helps real estate professionals sustain their social media presence by automatically posting local, relevant, and timely content on platforms like Facebook, Instagram,… […]
Above, Andrea Dockery RE/MAX LLC has announced that Broker/Owner Andrea Dockery of RE/MAX Experts in Lakeland, Florida, was named the 2023 Broker/Owner of the Year, Single Franchise in the United States, at the annual RE/MAX R4 Convention in Las Vegas. The award, coming on the heels of Dockery receiving RE/MAX’s Outstanding Brokerage of the Year… […]
On Monday, the Supreme Court denied a petition by HomeServices of America—a “Writ of Certiorari”—filed this past February and aimed at nullifying the Burnett ruling; however, plaintiffs won’t be able to claim $4.7 billion in damages as of right now either. HomeServices of Americas’ initial 49-page petition to the Supreme Court was an attempt to… […]
Given the recent proposed settlement agreements and accompanying media hoopla, it is time for the voice of factuality to be heard. Now we must even combat misleading presidential pronouncements, such as this from a March 19, 2024, news conference: “…last week the National Association of Realtors agreed for the first time that Americans can negotiate… […]
Accessing affluent buyers in the luxury real estate market requires a strategic approach that takes into account their preferences, behaviors and expectations. By implementing a combination of the strategies outlined below you can effectively access this desirable market segment in the luxury real estate industry. Here are some top ways to access the affluent: Establish… […]
Weichert Real Estate Affiliates, Inc. recently added Paula Atakhanian, Robert Clark, Denis Faherty, June Huber, and Andy Weiss to its franchise sales team. The group is dedicated to growing the Weichert brand and guiding prospective franchisees toward a path of sustained success. The expansion of the franchise sales team will help Weichert continue to meet… […]
Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief said that recent economic data has undoubtedly shown the U.S. economy’s resilience and strong performance over the past year, especially in… […]
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced the acceptance of eight companies to the 2024 REACH program. This marks the 12th cohort focused on accelerating technology solutions for the U.S. residential real estate sector. “Through the REACH scale-up program, we’re catalyzing transformative advancements at the intersection of technology… […]
Navigating tectonic technology shifts and proactively innovating for the future, for the last 40-plus years, real estate software company FBS has been laser-focused on serving MLSs (multiple listing services) with technology. On a mission to keep MLS subscribers in the driver’s seat with a number of industry-first innovations under their belt, FBS continues to lead… […]
Despite an increase in mortgage rates this past week, mortgage applications saw a second week of increases, up 3.3% from last week’s very slight uptick of 0.1%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 12, 2024. Analysis points to activity increasing over concern… […]
Above, Christina Balas Better Homes and Gardens Real Estate LLC has announced the appointment of Christina Balas as vice president of servicing and operations. In her new role, Balas will develop critical initiatives to drive affiliate performance, satisfaction and engagement with a focus on growing market share and increasing agent productivity. She will also lead… […]
John L. Scott Real Estate has appointed Jeffrey Currier as the company’s new Company Financial Officer. In this role, the company stated that Currier will be responsible for overseeing finance and accounting at John L. Scott. He will focus on cash management, leases, facilities, and will be closely involved in forecasting and executing strategies that… […]
Privately-owned housing starts plunged in March to a seasonally adjusted rate of 1.32 million—14.7% below the February estimate of 1.54 million—and 4.3% below the March 2023 rate of 1.38 million, according to the latest report from the Census Bureau and the U.S. Department of Housing and Urban Development (HUD). And while starts of new single-family… […]
With commission-focused lawsuits filed by recent homesellers seemingly headed toward resolution through a patchwork of settlement agreements, the real estate industry is now pivoting to face another threat—allegations from homebuyers that companies conspired on rules that inflated commissions and harmed them. In the largest and most recent lawsuit filed by buyers—known as Batton—several big brokerages… […]
Century 21 Real Estate LLC has announced its expansion in the Baltimore Metropolitan area, thanks to its latest affiliation: Harris Hawkins & Co., a Black-owned, woman-led business, now operating as CENTURY 21 Harris Hawkins & Co. Founded in 2020 by Baltimore natives Tiffany Harris and Brandi Hawkins, the company is now owned and operated by… […]
A federal judge appears to be leaning toward dismissing at least some of the claims against eXp in a lawsuit filed by an agent—Anya Roberts—who claims she was sexually assaulted by recruiters, discussing a tentative order that seemingly did not find the company was negligently or “vicariously” liable for the actions of influencers. The tentative… […]
Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and the MLS,” released by Bright MLS. Bright MLS President and CEO Brian Donnellan offers context on the analysis below the comparisons. Myth: Agents steer clients to homes with higher commission rates. Fact: Our analysis of over… […]
Leading Real Estate Companies of the World® welcomes AJ Canaria Creative Services, LLC to its Solutions Group program of preferred business resources for its global network of real estate firms. AJ Canaria Creative Services—founded by AJ Canaria, who now serves as chief photographer—provides photography services specializing in events, headshots, lifestyle shoots, editorials, and advertising, according… […]
Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life. Key examination elements include reserve funds, special assessments and financial planning. Reserve funds cover significant repairs and replacements, special assessments address unforeseen expenses and financial planning ensures long-term stability. Understanding these aspects helps members make… […]
Dan Prud’homme, principal at The Prud’homme Team and a pivotal figure at William Raveis Real Estate (formerly the Carolina Realty Group) in Hilton Head Island, South Carolina, stands as a beacon of innovation and strategic foresight within the real estate sector. Prud’homme’s success story is not merely about weathering storms, but about thriving amidst adversity—a… […]
BoomTown ROI, a real estate proptech company, has been down for six consecutive days, impacting millions of brokers/agents countrywide. A real estate broker, who was granted anonymity in order to speak candidly, told RISMedia that BoomTown will not answer any proposed questions. “We personally have 100,000 leads in there. There are currently 3,100-plus companies/teams using… […]
Above, Lisa Sturtevant and Brian Schneider After its new report, Dispelling Myths About Real Estate Commissions and the MLS, was released April 12, Bright MLS Chief Economist Lisa Sturtevant and legal counsel Brian Schneider spoke in-depth at a virtual presentation about how the National Association of REALTORS®’ (NAR) proposed settlement and other current issues have… […]
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judges deny lawsuit consolidation push Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of six judges denied an attempt by plaintiffs in commission-focused class-action lawsuits to consolidate all the… […]
After a strong start to the spring selling season, homebuilder sentiment flattened in April as buyers hesitate to step into the market due to continued unrest in the mortgage market and other affordability challenges. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) registered at 51 in April, the same reading seen… […]
Home prices have been the bane of the real estate news cycle for a while now, bringing a damper on the home-buying market. However, recent data shows that home prices really might not have kept buyers out as much as was thought. A new report from LendingTree found that from 2012 to 2022 homeownership rates… […]
Jason Mitchell, CEO of the Jason Mitchell Group (JMG), headquartered in Scottsdale, Arizona, is satisfied with most every aspect of his thriving national brokerage business except for one: spreading the word. “I want to get our message out there more because what we do is very unique,” he says. “We’re the only national brokerage that… […]
Lead generation company PropStream has announced it will attend the Invested conference (presented by Out of State Investor Academy) in Los Angeles from May 20 to 21, 2024. Invested’s two-day conference provides a fusion of customized, hands-on workshops, presentations, and networking opportunities, a release noted. Each element is meticulously crafted to assist real estate investors… […]
Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of six judges today denied an attempt by plaintiffs in commission-focused class-action lawsuits to consolidate all the copycat cases under one judge, saying that the “procedural posture of the litigation” makes that effort inappropriate. “After settlement proceedings conclude, and it becomes evident how… […]
More national real estate franchises are beginning to take marketing measures into their own hands rather than using agencies for hire on a contract basis, RISMedia’s 2024 Agent & Broker Marketing Study found. Drilling down further, the study also found that the average size of an in-house marketing team nearly doubled between 2022 and 2023… […]
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%… […]
Destinations by LeadingRE, the new development marketing program powered by Leading Real Estate Companies of the World®, is pleased to have Soneva Villa Ownership in its collection of fine developments. This month, we explore what makes Soneva so extraordinary and highlight one of their luxury properties in the Maldives. Justin Kingsley Group Director Soneva Villa… […]
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. According to the Primary Mortgage Market Survey® from Freddie Mac, last updated April 11, 2024, the 30-year mortgage rate sits at 6.88%, while the 15-year mortgage rate currently stands at 6.16%. These rates represent a… […]
Stellar MLS has announced it is now offering an enhanced version of Lundy Inc.’s “Finding Homes” search by voice technology to customers and consumers seeking homes in the MLS’s coverage area. Finding Homes is a voice-activated property search engine designed to assist real estate professionals and homebuyers in navigating real estate listings using their voice… […]
The Manchester-Nashua, New Hampshire metro area ranked as February’s hottest housing market for the sixth time in the last year, according to a new report from Realtor.com. Manchester-Nashua hit number 1 for the first time in March 2021 and has been a mainstay at the top of the list ever since. Realtor.com’s Market Hotness rankings… […]
A lawsuit filed by a pocket listing startup targeting the National Association of REALTORS®’ (NAR) “clear cooperation” policy appears to be moving forward after other major developments shifted the legal landscape, with plaintiffs saying in a recent court filing that NAR’s commission lawsuit settlement and a recent appeals court ruling involving the Department of Justice… […]
This past weekend while at home in northern California, I immersed myself in the audiobook version of “The Dynasty” by Jeff Benedict, a compelling chronicle of the New England Patriots’ rise to greatness. Listening to Todd Menesses’ narration of this book, complete with personal touches like changing his voice to match the characters he was… […]
ERA® Real Estate has announced its latest affiliation with Bon Anno Realty ERA Powered, a 40-year-old mainstay in the Long Island real estate market. Originally founded by Lucille Bonanno in 1984, the company is now entering its third generation of ownership/management by Lucille’s son, Russell “Russ” Bonanno, and her grandson, Russ Bonanno Jr. “Our name… […]
When buying your first home, there are many things to know and learn. A few of them include keeping your house secure and selecting the right insurance for your property. Making the right decisions can be complicated when you’ve never done these things. I will aim to educate you on some of the essential considerations.… […]
These days, headlines reporting on the real estate industry have the word “lawsuit” in them more often than not. It makes sense; class-action lawsuits targeting commission structures make their way through the judicial system and there’s no going back to the world before (RISMedia’s own Court Report series is making sure nothing slips through the… […]
What are today’s consumers looking for in a potential home? Increasingly, the answer may be energy efficiency. With energy prices up over 14% nationally from 2021 to 2023, according to data from the U.S. Bureau of Labor Statistics, a home’s ability to keep energy costs down is a welcome assist to tightening budgets. Real estate… […]
Berkshire Hathaway HomeServices Fox & Roach, REALTORS® has partnered with Reliance, a leading real estate technology company, to offer a new AI-driven social marketing engine for its agents called MediaBoosterAI. With the ability to purchase and customize an array of digital advertising packages—from listing alerts to office updates and agent news—Fox & Roach, REALTORS® stated… […]
The 30-year-fixed-rate mortgage averaged 6.88% this week, marking a second week of increases and continued edging toward 7%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Last week the average rate increased from 6.79% to 6.82%. This week’s numbers: The 30-year FRM averaged 6.88% as of April 11, 2024,… […]
The proposed settlement by the National Association of REALTORS® (NAR) regarding real estate commission structures and buyer-agent agreements has sparked heated discussions from all angles. Still, there’s one thing that agents can agree on: it’s all a matter of perception. RISMedia connected with three real estate practitioners who shared their experience with the topic thus… […]
Stacey Johnson-Cosby, a broker at ReeceNichols REALTORS®, a Berkshire Hathaway Company, is a fighter for private property rights. She works to stand up for and support the small to medium landlords across the country who are providing housing for the mass of renters seen in recent years. Her impressive work is the reason she was… […]
The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for Q1 2024 posted a reading of 66, down one point compared to the previous quarter. “An RMI at 66 is consistent with NAHB’s forecast for stable remodeling spending in 2024,” said NAHB Chief Economist Robert Dietz. “Rising costs for construction labor and… […]
Real Estate Webmasters, a digital solutions provider for the real estate industry, has announced the company is marking its 20th anniversary in 2024. From its inception, Real Estate Webmasters (REW) has stood at the forefront of the real estate digital landscape, offering an unrivaled blend of SEO, PPC, custom website solutions, and CRM systems tailored… […]
Just what is a “seller’s market” and how does this truly impact your sellers and buyers? In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to… […]
Michelle Sessor Vice President and Principal Broker Charles Rutenberg Realty (CRR) Fort Lauderdale, Florida https://www.CRRUnited.com Region served: Fort Lauderdale and South Florida Years in real estate: 30 Number of offices: 1 Number of agents: 1,180 Key to continued growth and success: Agent support. That’s something that I was brought up with in the industry, and… […]
Jason Mitchell will be engaging in a timely and critical conversation with Kari Lake, Arizona candidate for U.S. Senate, focusing on the current state and future trajectory of the housing market in Arizona and across the United States. The discussion—scheduled for Tuesday, Apr. 16 from 10:00 to 11:30 A.M.—will take place at the JMG Headquarters… […]
Two new amicus briefs—legal briefs filed by a party who is not part of a legal proceeding but is acting in support of one of the involved parties—were filed on April 4 in the Nosalek v. MLS Property Information Network, Inc. (MLS PIN) et al commission lawsuit, by the Council of Multiple Listing Services (CMLS)… […]
The rental crisis has impacted millions across the country, as landlords flaunt egregious prices due to population growth, and in some cities, a large influx of college students. According to researchers at Florida Atlantic University (FAU) however, renters might be in for a pleasant surprise in western parts of the U.S. Out of 100 metropolitan… […]
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered interest rates were likely disappointed. The CPI accelerated in March, pushing inflation higher and likely giving the Federal Reserve pause when considering lowering interest rates. The CPI for all urban consumers increased 0.4% in March… […]
REsides announced the launch of NeighborhoodIntel by Local Logic to its customers. The innovative platform empowers agents with insights and data for any address that was previously unavailable in a comprehensive and data-driven format. REsides stated that NeighborhoodIntel fulfills a critical need in today’s real estate landscape: the need for agents to offer more than… […]
After a slight decrease last week, U.S. mortgage applications increased 0.1% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) released Wednesday for the week ending April 5, 2024. Here’s a look at this week’s numbers: The Market Composite Index, a measure of mortgage loan application… […]
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. In real estate, social media marketing is one of your top ways to gather business in the modern age, but it’s not always easy to keep your momentum… […]
ERA® Real Estate, a global franchising leader within the Anywhere Real Estate Inc. portfolio of brands, has announced its latest affiliation with O’Brien Realty ERA Powered. Serving Southern Maryland across five locations with over 100 agents, the firm was founded in 1980 by Owner and Principal Broker, Mike O’Brien. A Vietnam War veteran, O’Brien has… […]
The Hudson Gateway Association of REALTORS® (HGAR) recently added five new global partners to its network after signing agreements with FIABCI Europe, FIABCI Suisse (Switzerland), FIABCI France, FIABCI Belgium and FIABCI Saudi Arabia at the international MIPIM Real Estate Expo in France. “We are so excited about these new partnerships and look forward to collaborating… […]
Forbes Global Properties is proud to welcome Tea Lane Associates to its prestigious ranks. Locally owned and operated, Tea Lane Associates will exclusively represent the brand throughout Martha’s Vineyard, one of the United States’ premier luxury markets for primary and secondary homes off the coast of Cape Cod. Tea Lane Associates was founded in 1967… […]
In an industry where tradition often trumps technology, a revolution continues to brew. As real estate brokerages cling to the tried-and-true, the question arises: Can the sharp edge of artificial intelligence carve out a future for classic brokerages? Modern brokerages are successfully beating the traditional models through the early adoption and deployment of new tech… […]
Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023. The slight decrease is mainly… […]
Above, Anthony Lamacchia (left) and Kevin Sears Massachusetts-based Lamacchia Realty has announced the acquisition of Sears Real Estate, which expands the brokerage into the Springfield, Massachusetts, market. The three-person leadership team at Sears Real Estate, which includes Managing Broker Brian Sears, Broker/Owner Dan Rodriguez and Broker/Owner Kevin Sears, who is also the current president of… […]
The Real Brokerage (Real), a company that combines real estate, mortgage and closing services with technology in an effort to deliver a single end-to-end consumer experience, announced on April 8 that it has entered into a settlement agreement to end the pending class-action litigation, Umpa v. NAR, on a nationwide basis. It is one of… […]
The National Association of REALTORS® (NAR) has announced SoFi as a new partner with NAR REALTOR Benefits®. As part of the agreement, NAR members and their clients can receive exclusive rates and discounts on mortgages, student loan refinancing, personal loans and more. “This partnership amplifies our support for the diverse financial needs of our members,”… […]
Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my… […]
You did it. You jumped into the real estate game and now you’re “in it to win it.” That’s both exciting and challenging, especially when you’re a new agent looking to establish yourself in your market. There’s a lot ahead of you, and a lot on your to-do list. One of the best things you… […]
As we now enter Spring, it’s a time where we get that burst of renewed energy and start to grow, thawing from winter just like the flowers and trees. But those good vibes don’t always make it to Summer, let alone the rest of the year. What do you rely on to keep you fresh… […]
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. While the recent National Association of REALTORS®’ (NAR) settlement continues to make headlines and spark conversations across the industry, the legal system waits for no man as cases continue to appear and evolve.… […]
Better Homes and Gardens Real Estate Fern Leaf Group, based in Paducah, Kentucky, is the first firm in the westernmost region of the state to join the lifestyle real estate brand. The locally owned full-service company helps clients in 15 counties throughout Western Kentucky with a range of real estate transactions, including assistance with residential… […]
Real estate executives expressed overall disapproval of the National Association of REALTORS®’ (NAR) choice to settle commission lawsuits in RISMedia’s most recent Broker Confidence Index (BCI), though opinion at this early stage still seems divided both on the settlement itself, as well as what kind of adaptations are appropriate to deal with upcoming rule changes… […]
Above, from left, Chris Raveis, William Raveis, John Featherston and Ryan Raveis at the 50th Anniversary celebration. More than a thousand William Raveis’ sales associates, managers and employees, as well as three generations of the Raveis family and guests from Maine to Florida celebrated the firm’s 50th awards celebration in high style March 26-27 at… […]
Last month, the National Association of REALTORS® announced a settlement that would resolve nationwide litigation over claims from home sellers related to broker commissions. The $418 million settlement, and the practice changes it will usher in, have led some to speculate that real estate agents are at risk of becoming obsolete. As someone who has… […]
Many key business principles are paramount to success. Forward thinking and the transformative influence of prioritizing others are some of the most important. This is not merely a sharing of insights, but an invitation to cultivate a mindset shift that can catalyze substantial advancements in your business trajectory. Forward thinking transcends foreshadowing; it’s an intricate… […]
The March jobs report, released Friday from the U.S. Bureau of Labor Statistics, defied odds predicted by analysts—indicating a slightly positive upward trend in employment from February, which will likely keep interest rates high in the coming months. The data showed an addition of 303,000 jobs in March compared to 270,000 in February, an increase… […]
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. United Wholesale Mortgage (UWM) is being sued by consumers in a proposed consumer class action filed on Tuesday, April 2, as reported by Reuters. The suit alleges that UWM “schemed” with brokers to “push homebuyers into… […]
In a split decision, a panel of judges for the D.C. Circuit Court of Appeals today overruled a district judge who had previously prevented the Department of Justice (DOJ) from reopening its investigation into the National Association of REALTORS® (NAR), potentially allowing regulators to pursue further changes to policy and rules in the industry. In… […]
In 2023, $363.3 billion in property taxes were levied on single-family homes, which is an increase of 6.9% from $339.8 billion in 2022—nearly double the 3.6% growth rate—according to ATTOM’s 2023 Property Tax Analysis Report. Data provided in the report also indicates that the average tax on single-family homes rose to $4,062 last year, up… […]
Above, Leo Pareja Facing a new set of challenges and confronting a vastly different real estate landscape, eXp Realty is turning to one of its own for leadership, as Chief Strategy Officer Leo Pareja takes the reins as CEO, aiming to push the fast-evolving virtual-focused brokerage into a new era. The CEO role had previously… […]
You’re comfortable in the knowledge that as a real estate agent you’re a pro’s pro. Until recently, you didn’t have to discuss with hopeful homebuyers precisely what your compensation would be. Now you do. What’s important is to communicate your value and what you will do for them, but what’s even more vital is to… […]
In the latest RISMedia webinar—”Cracking the Code: How Jason Mitchell Group Nurtures Lucrative Referral Networks”— industry thought leader Jason Mitchell, founder of The Jason Mitchell Group, discussed one-on-one with RISMedia’s founder, president and CEO John Featherston about the partnerships and solutions necessary to ensure better opportunities for homeownership, as well as how these solutions will… […]
Property Highlights: Location: Woodside, California Listing Price: $110 million Features: 74-acre estate with seven residential properties Added Appeal: 100-plus yard Roman pool, lily pond, three swimming pools and numerous opportunities to create, build and personalize five of the seven residences. Once the cherished summer retreat of the enterprising Fleishhacker family of San Francisco, Green Gables… […]
The Institute’s Luxury Market Report is your guide to an analysis on the trends and comparative data on the top-residential markets throughout Canada and the United States. March’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. This month, we delve into the… […]
The 30-year-fixed-rate mortgage only slightly increased this week, up to 6.82% from last week’s dip to 6.79%, according to the latest Primary Mortgage Market Survey® (PMMS®) released Thursday from Freddie Mac. Here’s a look at this week’s numbers: The 30-year FRM averaged 6.82 percent as of April 4, 2024, up from last week when it… […]
When buying and selling real estate, the appraisal is pivotal. It’s an expert’s objective estimation of a home’s worth and serves as a cornerstone for financial decisions in real estate transactions. However, a low appraisal can disrupt the whole process and lead to complications for buyers, sellers, Realtors, and lenders. I will examine the ramifications… […]
Compass has announced the brokerage will be expanding its nationwide footprint through the acquisition of Latter & Blum, an historic 100+-year-old real estate giant with more than 3,000 agents and 32 offices across the Gulf Coast region of Texas, Louisiana, Mississippi and Alabama. The move brings Compass into New Orleans and the broader Louisiana and… […]
As I sat in my family room Monday night, eagerly watching the NCAA Tournament second-round game between No. 1 seed Iowa and No. 8 seed West Virginia, I couldn’t help but feel a surge of emotion. There was a lot on the line as Caitlin Clark took the floor at Carver-Hawkeye Arena one final time.… […]
As the housing industry celebrates New Homes Month in April, data shows that builders continue to respond to buyer preferences by constructing smaller homes to place homeownership within reach of families planning to buy a home this year. In fact, a recent National Association of Home Builders (NAHB) analysis found that new homes built in… […]
ERA® Real Estate announced its latest affiliation with RONIN Real Estate Professionals, a trusted source in Western Colorado’s Grand Valley real estate market. Founded only three years ago by Mark Wingerter, ERA stated that the company has already amassed several glowing reviews and become one of the most reputable real estate providers in Mesa County,… […]
Jabin Norris Founder/Owner PROACTIVE Real Estate, a member of Leading Real Estate Companies of the World® Holden Beach, North Carolina https://proactiverealestate.com Region served: Brunswick County, North Carolina Years in real estate: 18 Number of offices: 1 Number of agents: 22 Favorite part of your job: The daily opportunity to help brokers grow their careers and… […]
Many of the major behavioral and demographic shifts precipitated by the pandemic are receding, according to the latest data from the National Association of REALTORS® (NAR), as both homebuyers and sellers revert to familiar patterns regarding when they sell, how far they move, what motivates them to enter the market and the barriers they encounter.… […]
The energy at the 2024 RE/MAX R4 convention hit a new level at 3 p.m. on Wednesday, when the annual Global Referral Exchange had officially kicked off. Agents or brokerages from nearly 60 countries participated in the exchange, the company stated, which many R4 regulars say is their favorite event of the convention. A few… […]
If there is one word that summarizes the hoped-for outcome of all the buyer commission lawsuits that have roiled the residential real estate industry over the recent past year, it has to be transparency. After the now-famous Burnett court decision and subsequent multi-million-dollar settlements from major brokerages and the National Association of REALTORS®, how and… […]
Mortgage applications decreased slightly from one week earlier by 0.6%, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Mar. 29, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 0.6% on a seasonally adjusted basis from one week earlier. … […]
Editor’s Note: The list is out! Click here to view this year’s Power Broker Report While business strategies change, adapt and evolve to keep up with the times, one thing that will never go out of style is the importance of putting the customer first. No matter which side of the equation you find yourself… […]
On Tuesday April 2, 2024, recently promoted RE/MAX President, Amy Lessinger, made her first appearance as president at the company’s Annual R4 Convention. At the convention’s opening general session, she addressed the crowd of attendees. “We have to be loud about who we are,” Lessinger said. “You all have a huge competitive advantage with the… […]
United Real Estate has announced the grand reopening of its Dallas headquarters. The new flagship office marks United’s continued national expansion in serving Dallas-Fort Worth and North Texas. The comprehensive facility not only serves as the hub for the company’s Dallas brokerage operations, but also houses additional business units and executive offices. The company stated… […]