The 2024 U.S. Presidential election—currently about four months away—kicked into a higher gear on June 27 with the first debate between the all-but-official major nominees, President Joe Biden and former President Donald Trump.  Housing policy was not a central focus of the debate, as subjects like immigration, foreign wars, abortion and (somewhat surreally) the candidates’… […]

Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. Consumer sentiment fell 1.3% in June, from 69.1 in May to 68.2, according to the University of Michigan’s latest report. This is the fourth straight month of decreases, with a 0.5% decrease in March, a… […]

Before the continuous wave of litigation and investigations that has engulfed the residential real estate industry this past year, the Burnett vs. NAR case and its historic 1.8 billion settlement award handed down to the plaintiffs on Oct. 31 set the precedent. Regular readers of RISMedia may remember last fall that leading up to and… […]

Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption expenditures (PCE) price index—the Fed’s preferred measure of inflation—rose 2.6% year-over-year in May, with a change of 0% between May and April. Ultimately, this is the lowest headline and core inflation (excluding volatile food and… […]

eXp Realty has announced that Chief Marketing Officer Wendy Forsythe has joined the eXp eXtend a Hand program as a trustee. eXtend a Hand has been a cornerstone of the company’s commitment to community and service since its inception in 2017, eXp stated. As trustees, Forsythe, Chief Counsel and Corporate Secretary at eXp World Holdings… […]

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’s (UWM) 0% down payment product has faced some recent backlash from the industry, as reported by National Mortgage News. The program offers borrowers a 3% down payment second lien of up to… […]

As National Housing Month comes to a close, REALTORS® reflect on what matters most in their business: their clients.  In a relationship business like real estate, creating memorable experiences with clients is the cornerstone of what agents do. Buying a home is one of the most important investments a person can make, and it’s a… […]

Above, Chad Ruggles Chad Ruggles spent his first 20 years out of college working in the consumer finance business for CitiFinancial before making a move in 2014 to the mortgage industry for Carrington, where he was asked to take over the company’s real estate brokerage in 2019.   That’s how Ruggles became senior vice president and… […]

Embracing artificial intelligence (AI) is more than staying ahead of technology. It’s also about enhancing our ability to make better-informed decisions driven by data, enabling personalized customer experiences at scale, and exploiting extraordinary productivity gains both for MLS staff as well as brokers and agents. Most people are not aware that they have been using… […]

Selling a townhouse? A thorough home inspection can ensure a smooth transaction. Knowing what inspectors look for helps you address issues beforehand. I will provide the following information to help navigate the townhouse inspection process: The importance of a pre-sale inspection Detailed checklists for inspecting key areas Steps to prepare for an inspection and how… […]

An expensive market has long been a pressing issue at the forefront of potential home purchases for young homebuyers, and new data from Bright MLS indicates that affordability will be the greatest housing market challenge for the rest of this year. In an update to its housing forecast for 2024, Bright MLS adjusted predictions for… […]

In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role housing plays in the U.S. economy. I am probably biased, since I am a researcher, but I believe there needs to be more data-backed, evidence-based analysis to help cut through some of the misconceptions and… […]

The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its lowest point in the last three months, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:  The 30-year FRM averaged 6.86% as of June 27, 2024, down… […]

My real estate career spans over 30+ years, currently as the Senior Leadership Instructor for Better Homes and Gardens Real Estate. During my multiple decades in this business, I’ve been a top producer in the Hall of Fame for selling and have coached and trained thousands of real estate professionals across several brands.  I also… […]

RISMedia garnered several special recognitions recently from The National Association of Real Estate Editors’ (NAREE) 2024 Journalism Competition held during its annual conference, this year in Austin, Texas June 18-20. This prestigious competition, now in its 74th year, recognizes excellence in reporting, writing and editing stories about residential and commercial real estate. A panel of… […]

A judge in the Southern District of New York paused two key commission cases on June 26 after an extensive back and forth between plaintiffs, defendants and the judge, in a decision that could resonate around the country as Burnett copycats play out in the shadow of the larger agreements struck by the National Association… […]

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 these challenging… […]

Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted monthly losses in transactions, while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions. This month follows the trend of last, when sales were down 7.7%. Year-over-year, pending transactions were down 6.6%. … […]

No one said change would be easy. Many real estate organizations find that to be truer than ever about buyer representation agreements, as some REALTOR® organizations have come under fire for their attempts to abide by incoming policy changes.  That has been the case for the California Association of REALTORS® (CAR), which was heavily criticized… […]

The real estate world has undergone a significant transformation. The NAR settlement has disrupted the industry, forcing everyone to adapt. As the landscape shifts, REALTORS face new challenges such as: Eroding value: Increased transparency may lead clients to question their agents’ worth. Tighter margins: New rules might result in lower commissions. Intense competition: More agents… […]

The real estate industry faces a triad of challenges in today’s marketplace: continued low inventory, delivering fewer sales, stubbornly elevated mortgage interest rates and the potential impact of the commission lawsuits that have already begun to reshape the landscape. As a result, leading industry experts predict tens, if not hundreds of thousands of agents will… […]

After going through the time and effort of getting an accepted offer for your seller’s home, the absolute last thing you want (or need) is a problem with the appraisal that follows. Assuming a mortgage will be taken by the buyer, lenders will want to ensure that the price they pay compares favorably with similar… […]

As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, down 11.3% below the revised April rate of 698,000 and 16.5% below the same activity a year ago, according to the latest data released Wednesday by the U.S. Department of Housing and Urban Development and… […]

The REALTOR® Association owners of REcolorado®, made up of the Denver Metro Association of REALTORS® (DMAR) and the South Metro Denver REALTORS® Association (SMDRA), have determined through a letter of agreement to sell the greater Denver MLS to a private entity outside of the real estate realm. “First and foremost, we want to apologize that… […]

Even in a seller’s market there are always “hard-to-sell” properties. At the height of the frenzied market during the pandemic years there were still properties that remained unsellable.  There will always be properties that simply do not meet affluent buyer expectations, whether it’s due to location, price, size, or the state of repair. Ultimately, and… […]

A key challenge that real estate agents face is retaining clients and building long-term relationships. It’s not uncommon for clients to switch agents for their next transaction. However, ensuring client retention is crucial, as it guarantees that clients remember you and refer you to their friends and family. Meeting every client’s expectation of a white-glove… […]

RE/MAX has announced that broker/owners Steven Smith, Wes Watson, Dan Porlier and Brad Howard of Davenport Realty have officially opened RE/MAX Icon Realty, bringing nearly 130 agents to the brand across two offices in London and Waterloo, Ontario. The four broker/owners previously established Davenport Realty in 2018 and grew from a small team to a… […]

Mortgage applications rose for the third straight week as mortgage rates continue to drop, increasing 0.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 21, 2024. This week’s results include an adjustment for the Juneteenth holiday. This week’s data: The Market Composite… […]

Better Homes and Gardens Real Estate has announced the affiliation of BHGRE Fruit & Wine, located in Palisade, Colorado. Celebrating its 20th anniversary this year, the boutique family brokerage works with clients on farm, luxury, residential, commercial and land transactions throughout the Grand Valley and Mesa County.  Broker/owner Tammy Craig established the company in 2004,… […]

Gathering more than 400 of real estate’s top brokerage leaders and industry experts, RISMedia’s 36th Annual CEO & Leadership Exchange, taking place September 4 – 6 in Washington, D.C., will feature not only a comprehensive educational agenda, but unparalleled networking opportunities, such as Mix, Mingle & Cruise on the Potomac, a can’t-miss reception made possible… […]

As consumers continue to see little relief from inflation—with the Consumer Price Index registering no change in May and the Fed again holding the line with no rate changes—confidence reversed course and fell slightly in June. Consumer confidence decreased from 101.3 in May to 100.4 in June, according to the latest data from The Conference… […]

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. Summer is in full swing, and with a new season comes new strategies for success. With home prices reaching a record high, it is more important than ever… […]

The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate of price increases has tempered, however, compared to previous months, which could result in a market stabilization as mortgage rates continue to remain generally elevated. The index, covering all nine U.S. census divisions, reported a… […]

Above, Troy Reierson  Troy Reierson, CEO of Berkshire Hathaway HomeServices Arizona, California and Nevada Properties, has been in and around real estate for more than two decades—jumping feet first into the mortgage industry before moving into the technology space and ultimately getting involved with HomeServices of America via their franchise company, HSF.  “I joined Berkshire… […]

The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and it paints a bleak picture of a real estate market plagued by inventory and affordability challenges.  During the recent webinar highlighting findings from the report, Daniel McCue, senior research associate at the center, said this… […]

For independent MLSs, opting into the National Association of REALTORS®’ (NAR) settlement was a tough decision, and potentially costly. But for those who did, the hope—and expectation—was that they would be free of the uncertainty, cost and stress of commission litigation.  But that does not appear to be a sure thing at all, at least… […]

Pricing a condo correctly is essential for a successful sale. I will guide you through detailed, actionable steps to ensure your condo is priced right. You will learn the following information which will help you price your condominium appropriately based on the current real estate market: How to conduct a comprehensive market analysis. The importance… […]

In the bustling realm of social media, it’s essential to recognize that success isn’t solely achieved through content creation. While crafting compelling content is undoubtedly valuable, it’s just one segment of a multifaceted strategy needed to thrive online. In the digital landscape, where attention spans are fleeting and competition is fierce, mastering community management and… […]

From left, Scotta Larsen, Wendy Bowen and Jill Weisswasser The Denver Trio Team began almost 10 years ago with three women who share the same passion for real estate. Hailing from Iowa, Michigan and Minnesota, they possess what they like to call “that Midwest work ethic and kindness,” believing strongly in building relationships and doing… […]

Real estate has always been a social business. Before the internet and social media, a REALTOR’S® marketing has always heavily relied on word of mouth and in person connections. Reviews and referrals are a huge part of this, and cannot be overlooked. Client reviews are very important to your team’s business and how you market… […]

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 National Association of REALTORS®’ (NAR) settlement in class-action lawsuits has yet to be officially approved, the consequences of that settlement are beginning as MLS rule changes go into effect. However, the… […]

Despite offering a cautiously positive assessment of the settlement struck by the National Association of REALTORS® (NAR) late last month, Department of Justice (DOJ) antitrust regulators are signaling they will push for more changes to real estate rules outside the significant shifts already looming for the industry. In three separate moves, lawyers for the DOJ… […]

In a move likely to inspire deja vu, United Real Estate Group (UREG) is looking to join the list of former defendants in a massive homebuyer commission lawsuit that continues to wage on.  The real estate holdings company filed a motion in the U.S. District Court in Northern Illinois on Friday to dismiss all claims… […]

Real estate agents aren’t only the ones who help sell properties, they’re often the ones who own and invest in them. In recent years, though, small investors are facing competition from Wall Street firms that buy single-family homes with speedy cash offers and remake them into rental properties. Lawmakers around the country have taken note… […]

Fathom Realty has announced the appointment of five new District Directors, each bringing experience, passion and dedication to their new roles. From Central Wisconsin to Montgomery, Alabama, Fathom stated that these leaders embody excellence and integrity, enriching company culture and guiding their teams toward success. Terra Beaver  District: Central Wisconsin  Terra Beaver brings a genuine… […]

I love working in real estate! I love the people in it! And, as we celebrate Pride Month, even after the recent attacks on the LGBTQ+ community on NAR’s Facebook and Instagram posts, I can honestly say your outpouring of support for me and the LGBTQ+ Real Estate Alliance is amazing. But there is a… […]

“I don’t have to offer commission to a buyer agent—why should I?”  This simple seller question—one that is likely to become more common every day—is a potential minefield. In the aftermath of the National Association of REALTORS®’ (NAR) settlement agreement, which will mandate the removal of compensation from MLSs starting next month, agents quickly pointed… […]

Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of REALTORS®. The median existing-home price for all housing types in May was $419,300, the highest price ever recorded and an increase of 5.8% from one year ago ($396,500). All four U.S. regions registered… […]

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. -Guaranteed Rate is pushing back strongly against an expose published in the Chicago Tribune that claims the company cultivated a toxic workplace culture rife with sexual harassment and retaliation, calling the article “a hit piece.”… […]

The National Association of REALTORS® (NAR) is once again facing accusations of sexual harassment, retaliation and workplace discrimination, with a lawsuit filed in federal court this week by a former employee alleging the organization fired her for reporting the incidents, and then failing to abide by a subsequent settlement agreement. Roshani Sheth, a former product… […]

Above, Amy Lessinger Amy Lessinger, the pioneering president of RE/MAX, is hailed as a visionary within the real estate sphere. Lessinger’s journey began over two decades ago when she entered RE/MAX at 26—rapidly progressing from agent to broker/owner of a flourishing brokerage boasting 135 agents and three offices. Amidst challenges in the male-dominated landscape, she… […]

The Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The CFPB previously sued Freedom Mortgage in October 2023 after the company was found to have submitted inaccurate mortgage data to federal regulators during 2020. Freedom Mortgage is described as the third-largest loan originator in the… […]

The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, decreased by 0.5% in May to 101.2, following a 0.6% decline in April. Over the six-month period between November 2023 and May… […]

Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal court today, as the international luxury brand entered into a preliminary agreement with plaintiffs to end litigation claiming the company participated in a conspiracy to inflate commissions. Terms of the agreement were not released, and… […]

Maintaining a condo involves regular care and timely repairs. This ensures a comfortable, safe living environment and preserves property value. I will provide the following guidance: Practical tips for regular condo maintenance Solutions for common condo maintenance issues A seasonal checklist to keep your condo in top shape From being a condo owner in multiple… […]

The National Association of REALTORS® (NAR) and the CCIM Institute are co-hosting C5 + CCIM Global Summit–the nation’s premier commercial real estate and economic development event–at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida from September 17–19, 2024.  Practitioners from virtually every segment of the commercial ecosystem–from financing and development to sales and… […]

Listing properties is often seen as a real estate agent’s most glamorous work, but buyers also need expert agents.  If helping buyers find their perfect home is your specialty, use localized demographic data as your secret weapon to enhance your business. Let’s explore four ways to utilize it. What is demographic data? Demographic data encompasses… […]

The 30-year fixed-rate mortgage dipped again for the third-straight week, averaging 6.87%, down from last week’s average of 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers:  The 30-year FRM averaged 6.87% as of June 20, 2024, down from last week when it averaged 6.95%. A… […]

Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released June 20 by the Census Bureau and the Department of Housing and Urban Development (HUD). The pace of construction worsened as builders are dealing with high financing costs as well as elevated mortgage rates that… […]

Above from left, Leo Pareja, Kendall Bonner and Holly Mabery “You need to proactively explain where the value you deliver is, because if someone thinks all you do is unlock a door, it’s going to be a much, much harder conversation to have going forward.” So said eXp CEO Leo Pareja during the company’s recent… […]

Modern real estate requires modern innovation, specifically influencing. REALTORS® need to influence the market through content creation and strong client relationships. Jack Greenberg—a broker and salesperson with huntington & ellis and an RISMedia Newsmaker—has success influencing the market through both forming a successful team with a strong client ethic and a successful podcast. In this… […]

Inside Real Estate, an independent real estate software company and technology partner to leading real estate brands and approximately 500,000 real estate professionals, has announced a new product rebrand titled ‘BoldTrail,’ an all-encompassing brand portfolio that unites its expansive collection of capabilities into one cohesive system. According to the company, BoldTrail brings together Inside Real… […]

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… […]

With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes to a rate cut, homebuilder confidence remains troubled as it hit its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI)… […]

In a potentially precedent-setting move, a federal judge recently dismissed an MLS that is not affiliated with the National Association of REALTORS® (NAR) from a class-action commission lawsuit, finding that certain rules involving offers of compensation are not as “unilateral” as alleged by plaintiffs. In one of the many Burnett copycat suits filed late last… […]

The words from CoStar CEO Andy Florance were delivered almost as an afterthought that day in February 2023 at the end of an upbeat but otherwise boilerplate quarterly earnings report. “While we typically do not comment on potential acquisition opportunities, we are confirming here that CoStar Group (corporate parent of Homes.com) is not acquiring Realtor.com,”… […]

REsides MLS has announced it chose not to opt in to the NAR settlement. Instead, the MLS has stated it will implement its own changes, beginning in late August. This decision is part of REsides’ ongoing commitment to being a strategic partner for brokers with expanded opportunities and support to manage their business into the… […]

A woman suing mega-brokerage eXp and several high-profile recruiters just added a cascade of new accusations and allegations to her lawsuit, claiming that the company and its founder, Glenn Sanford, ignored extensive reporting on sexual assaults committed by two eXp agents—Michael Bjorkman and David Golden—despite public statements by Stanford that eXp had no knowledge of… […]

Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 14, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 0.9% on a seasonally adjusted basis from one… […]

After weathering more than a year of turmoil and controversy at the National Association of REALTORS® (NAR), Katie Johnson is set to address an elite group of residential real estate thought leaders during RISMedia’s 36th Annual CEO & Leadership Exchange in Washington, D.C., this September.  As NAR’s chief legal officer and chief member experience officer,… […]

The U.S. Department of Justice (DOJ) argued to an appeals court yesterday that last month’s petition by the National Association of REALTORS® (NAR) for a rehearing of the agency’s bid to reopen its investigation into the association is “not warranted.” Filed on May 20 in the D.C. Circuit Court of Appeals, NAR asked both for… […]

This week, as I settled into the familiar comforts of my home office, I began Monday with my usual WIG calls. In anticipation of the week ahead, I spent Sunday afternoon clearing my email inbox, which naturally led me to reflect and write in my journal about my objectives for Monday and beyond—a practice that… […]

Above, Gary Ashton This year marks an important milestone for Real Estate Webmasters (REW) and Gary Ashton, CEO and owner of the Ashton Real Estate Group at Nashville’s RE/MAX Advantage. The collaboration extends over two decades, showcasing a legacy of innovation and excellence in real estate marketing and PropTech. As REW hosts its REW Summit… […]

The Hudson Gateway Association of REALTORS® (HGAR)—along with six other REALTOR® Associations—recently held their third annual Diversity, Equity & Inclusion (DEI) Summit at the Newark Liberty International Airport Marriott in Newark, New Jersey. HGAR stated that they teamed up with the National Association of REALTORS®, the New York State Association of REALTORS®, the New Jersey… […]

Century 21 Real Estate LLC is expanding its presence in Western Montana with its latest affiliation of female-owned Peak Property Advisors based in Missoula.  The full-service boutique brokerage is owned and operated by Julie Anton, a 12-year real estate veteran who founded the firm in 2021, according to a release. Since founding her company, Anton… […]

Depending on one’s perspective on heat, political preference and classic Southern hospitality, the Sun Belt states can be dream destinations, although they hold some of the highest housing premiums in the entire country. Looking at the most overvalued measured markets, 17 out of 20 are in Sun Belt states, holding housing premiums of over 30%,… […]

SmartMLS, Connecticut’s statewide Multiple Listing Service for residential real estate,  announced on June 18 that it has filed paperwork opting in to the terms of the national settlement in the Burnett vs. the National Association of REALTORS® (NAR) lawsuit.  NAR had days earlier reminded brokerages with a residential transaction volume of more than $2 billion… […]

Editor’s note: This story is the first part of a two-part RISMedia report on the effects of institutional homebuyers on markets and housing. Look for part two in the coming days.  For many, real estate isn’t just a home, it’s an investment—especially when that buyer is a large financial institution. This documented trend of institutional… […]

The buyer commission field is here to stay for areas in the Northwest under the purview of the NWMLS (Northwest Multiple Listing Service).   A non-affiliate of the National Association of REALTORS® (NAR), NWMLS does business independently, owned instead by its member real estate firms, and is therefore able to opt out of the proposed settlement… […]

Above, from left, Lee Owen, Demelza Lisowski and Lehanna Amos Agents Demelza Lisowski, Lee Owen, and Lehanna Amos were friends, co-workers, and sociable rivals at Corcoran Reverie Real Estate, in the strip of beach towns known locally as 30-A, when they decided last fall to pool their time and talents. “As individuals, we were sharing… […]

Selling a home involves more than just listing it on the market. Strategic repairs and improvements can significantly increase your home’s value and appeal to potential buyers. It’s all part of preparing to sell. I will provide detailed guidance on minor cosmetic fixes, major structural repairs and insights into DIY versus professional maintenance. You’ll also… […]

PropStream has added demographics, a new localized insights dataset made available through its partnership with Local Logic. All real estate pros using the PropStream platform can determine location value drivers quickly and accurately, aiding in property comparisons, valuations and investment potential. The company stated that this new upgrade will offer targeted and localized data for… […]

Zillow and two MLSs appear to have reached a settlement agreement in an antitrust lawsuit over its ShowingTime software, in which the portal giant alleged a the MLSs conspired to use “monopoly power” to undermine its product in favor of a new service they owned. Terms of the lawsuit were not immediately released, and Zillow… […]

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. As the summer heats up and real estate markets cool down, the pace and intensity of court drama affecting the industry appears to be hovering somewhere in between. On the one hand, the… […]

The home-buying process is complex, but for individuals in underrepresented communities, the hurdles can be even more daunting. To help makes things simpler for many people, Realtor.com® is extending the reach of its buyer representation campaign with the launch of a new initiative promoting the benefits of buyer’s agents for individuals in historically underserved and… […]

The National Association of REALTORS® (NAR) is reminding brokerages with a residential transaction volume of more than $2 billion in 2022 and MLSs, to opt in to its Settlement Agreement that would resolve claims brought on behalf of homesellers related to broker commissions by Tuesday, June 18 (instructions below). The Settlement Agreement is subject to… […]

REsides has announced the launch of REsides University—a platform designed to transform how real estate professionals learn, grow and excel in their careers. This educational hub consolidates all training classes into one location, offering a comprehensive and dynamic approach to real estate education. In an industry where continuous learning is essential, REsides University is a… […]

Anthony Djon Founder and CEO   Anthony Djon Luxury Real Estate Troy, Michigan https://www.anthonydjon.com  Region served: Birmingham and adjacent Michigan metro area Years in real estate: 24 Number of offices: 1 Number of agents: 30 Please describe how Realtor.com®’s support for buyer’s agents has impacted your ability to demonstrate value to your clients. Realtor.com has been… […]

Downtowns from coast to coast are still recovering from unprecedented change as a result of the COVID pandemic, and home prices have varied since then as a result.  Now, data provided by PropertyShark indicates that the downtowns of the Northeast’s most populous cities remain notably more expensive than areas outside the center, compared to other… […]

This summer, the real estate industry is set to experience a great shift when it comes to commissions and the job of a buyer’s agent, thanks to the National Association of REALTORS®’ (NAR) settlement and others in the commission lawsuits across the industry. These changes have been the subject of conversation not just in the… […]

Above, Bermuda’s Westcoast Topsail is listed for $2,950,000 From the appeal of year-round coastal living to the desire to lead a laid-back yet upscale lifestyle, destinations in tropical locales are becoming increasingly popular for homebuyers across the globe. This month, we take a look at three brokerage firms in sun-drenched locations to find out the… […]

Weichert, REALTORS® will host its 24th Annual Charity Outing on Thursday, Aug. 15, at Fiddler’s Elbow Country Club in Bedminster, NJ to raise funds for the American Cancer Society (ACS) and breast cancer research. The event will be coordinated by Chairperson Joe McDonald, president of Residential Sales and Real Estate Services for Weichert. Weichert stated… […]

Above, Darryl Davis, Andrew Flachner and Liz Hogan Keeping pace with technology can give any professional an edge, real estate agents included. Right now, the new shiny tech on everyone’s mind is machine learning/generative text—colloquially, artificial intelligence (AI). But with all the focus on AI, are other essential tools for real estate professionals falling through… […]

In today’s evolving housing market, the dream of homeownership may seem distant for many first-time homebuyers or renters. Rising interest rates, high home prices and committing to purchasing a home can be daunting. However, as a mortgage professional, I’ve guided numerous clients through the process, helping them realize that homeownership is not only attainable but… […]

This week we reported on the Consumer Financial Protection Bureau’s (CFPB) inquiry into mortgage “junk fees” that are typically added onto closing costs. Launching a formal inquiry into the issue, CFPB filed a Request for Information notice that was published June 6 in the Federal Register. According to the report, from 2021 to 2023, median… […]

From post NAR-settlement fallout to ongoing economic flux, residential real estate brokers are confronting a barrage of obstacles to running a successful firm. During RISMedia’s 36th Annual CEO & Leadership Exchange, taking place Sept. 4 – 6 in Washington, D.C., Howard Hanna Real Estate Services CEO Hoby Hanna will address broker challenges head-on during his… […]

PropStream has announced a strategic partnership with Carrot, the premier website builder for real estate professionals.  PropStream stated it will now offer its data services to Carrot users, enhancing lead credibility and enabling users to perform more research on leads as they come through on the Carrot website. In turn, Carrot stated it will provide… […]

Homeowners’ Association (HOA) disputes are common in community living. Resolving them efficiently is crucial for maintaining harmony. I will provide advice and tips on the following: Definitions of common HOA disputes and resolution processes Step-by-step guides on internal dispute resolution procedures Information on alternative dispute resolution (ADR), including mediation and arbitration Legal requirements and state-specific… […]

Above, sides rally in front of NYC City Hall Wednesday. Photo by Jack Walsh. NEW YORK CITY—Hundreds descended on City Hall in Manhattan Wednesday morning to protest or support a rental fee change currently being considered by the New York City Council that would shift who compensates brokers in the Big Apple, a long-debated change… […]

Douglas Elliman is the latest big brokerage, joining Howard Hanna and HomeServices of America, in being voluntarily dismissed without prejudice from the Illinois-based Batton homebuyer commission lawsuits. Homebuyers claimed to have suffered antitrust injury due to a conspiracy between the National Association of REALTORS® (NAR) and big brokerages. In Tuesday’s notice of voluntary dismissal, plaintiffs… […]

On the heels of the Fed standing firm on keeping its benchmark rate unchanged, mortgage rates trickled down again this week, with the 30-year-fixed rate mortgage averaging 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. The move marks another step down after dropping to 6.99% the previous week. … […]

Malte Kramer, CEO of Luxury Presence, partnered with Sell It Like Serhant to publish the 2023 State of Real Estate Marketing Report, analyzing the current behavior of 1,000-plus luxury agents. Regarding Luxury Presences’ offerings, Kramer oversaw the launch of many products designed to “move the industry forward and enhance the lives of real estate professionals.”… […]

ERA Real Estate has announced its latest affiliation with Atlantic Shores Realty Expertise, a multi-office brokerage that ranks among the top producers along Florida’s “Treasure Coast.” Originally founded in 2013 by the husband-and-wife duo of Renee and Jason Coley, ERA stated that Atlantic Shores Realty Expertise has since grown to over 160 affiliated agents spanning… […]

The National Association of REALTORS® today announced SIXT as a new partner with NAR REALTOR® Benefits. SIXT, a global leader in premium mobility services, provides high-quality rental car services in more than 100 countries, including the United States. As part of the agreement, NAR members receive SIXT Gold Status, which provides a discount on the… […]

Most have heard the adage that “time is money,” but how often are agents asked how much their time is worth? That may be a question that buyer agents are forced to ponder and answer in real time, given the scrutiny that the value of buyer agency has been under in recent months.  Incoming practice… […]

In the competitive world of real estate, many of us find ourselves stuck in a particular phase of our careers. Known as the mid-career plateau, this stage sees agents closing between $5.1 million and $15 million in annual production. Despite being a significant achievement, the harsh reality is that 80% of real estate agents are… […]

In today’s unprecedented times for residential real estate, leadership matters more than ever. Real estate leaders will share new strategies for leading in turbulent times in a special session at RISMedia’s CEO & Leadership Exchange being held Sept. 4-6 at the Mayflower Hotel in Washington, D.C. Click here to register now! The session, titled, “Level-Up… […]

In a move designed to help military service members, veterans and eligible spouses stay competitive in the current housing market, the Department of Veterans Affairs (VA) announced Tuesday that it will temporarily allow VA borrowers to pay their own buyer agent fees in certain situations. The new policy, which goes into effect on Aug. 10… […]

Christina Bennett loved the mortgage industry, but after undergoing multiple layoffs, she says the feeling wasn’t mutual. Bennett spent years in and out of mortgage roles in various underwriting posts, rising to the management ranks in her last company, Caliber Home Loans, where she spent nearly eight years. Although she had been through layoffs before,… […]

Mortgage applications shifted course and increased 15.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 7, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 15.6% on a seasonally adjusted basis from one week earlier. … […]

The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in May on a seasonally adjusted basis, after rising 0.3% in April, the U.S. Bureau of Labor Statistics reported June 12.  After hitting a 40-year high of 9.1% in June 2022, inflation has slowed. But after… […]

ERA Real Estate announced today its latest affiliation with Empire Real Estate Group, a staple of residential Rhode Island real estate.  Broker/owner Jimmy Ranieri first founded the firm 13 years ago. Now as part of the ERA® network, Ranieri stated that he and his full-service company’s affiliated agents will be able to utilize the ERA®… […]

The REALTORS® Relief Foundation (RRF) has announced that an additional $1 million in disaster relief aid has been made available to Arkansas REALTORS® in response to the devastating tornadoes that impacted the state in late May.  RRF stated that this grant is in addition to the $1 million already awarded, bringing the total support to… […]

Client loyalty is the cornerstone of a successful business, especially in the real estate industry. It’s the key to retaining clients over several years between transactions, and it presents the greatest opportunity for long-term growth. Moreover, the right client loyalty solutions can even lead to near-term listings. Yes, by focusing on client loyalty, you can… […]

After taking home the top Rookie of the Year honors at RISMedia’s annual Power Broker event last November, Stacy Cole hasn’t let it go to her head. In fact, she says it’s the little everyday activities that combined with hard work and proper life balance, have added up to another successful year for her this… […]

Above, John Clidy, Wendi Harrelson, Mark Willis and Jason Abrams The National Association of REALTORS® (NAR) has, as part of a settlement in class-action lawsuits centering on buyer-broker commission structures, agreed to rule changes that take effect this coming August. On Monday, June 10, 2024, leadership at brokerage franchise Keller Williams held a one-hour virtual… […]

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. Across the real estate industry, notable agents, brokers and firms often have a compelling presence on social media, and consistently amplify their voices, beliefs and business strategies to… […]

A majority of homebuyers aren’t shopping around for a mortgage, according to new data from LendingTree. Specifically, 54% of buyers who took out a mortgage for their most recent home purchase received just one offer from one lender, 22% got two offers and 17% got three. “There’s no magic number for how many offers homebuyers… […]

Online real estate brokerage Flyhomes has acquired assets from the real estate AI startup ZeroDown to launch Flyhomes AI, described as “the industry’s first purpose-built AI home search portal.” ZeroDown is among the many firms invested in by AI guru Sam Altman, who stated he has heightened his interests in companies that use OpenAI models… […]

A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the University of Pennsylvania—shows that supply of housing from city to city is not dependent on the political party in power, at least at the local level. Both Gyourko and Ferreira examined the relationship between housing… […]

For those who missed our previous deadline, RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is open to accepting nominations for one last day! The nomination page will close tonight, June 12, at 11:59 p.m. Nominations may be submitted here.  RISMedia’s Rookie of the Year program, sponsored by industry education leader, Colibri Real… […]

MLS PIN, the Massachusetts-based listing service that has become a focal point of the Department of Justice’s (DOJ) interest in real estate commission practices, yesterday filed its long-awaited response to antitrust regulators as it urged a federal judge to reject DOJ arguments that “fail on their own terms” in a proxy battle over compensation structure.… […]

As previously reported by RISMedia, fraudulent listing sites are often what third party real estate outfits choose to create when attempting to lure in vulnerable victims for profit. Sites often seem fully operational and can trick any real estate professional at first glance. However, each site is distinguishable if one digs a bit deeper into… […]

Championing diversity isn’t just about speaking up for equity, equality and inclusion—it’s also about listening, giving a platform to transformative leaders and supporting messages that drive us toward a more inclusive future. Pride Month not only celebrates the LGBTQ+ community but also elevates awareness of their rights, while honoring the significant contributions that lesbian, gay,… […]

Marketing a condo with a special assessment requires strategic planning and clear communication. Special assessments can often deter potential buyers who might be concerned about the added costs. However, with the right approach, you can attract interested buyers by focusing on your property’s unique advantages. I will provide detailed strategies to market your condo, including… […]

Above, Julia Archuletta, fifth from left and Dave Archuletta, sixth from left, with their real estate team in Mission Viejo, California. For Dave and Julia Archuletta, creating a thriving real estate team while raising five children in the historic nature reserve of Rancho Mission Viejo, California) has been challenging, fun and rewarding. “Julia came to… […]

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Settlements still play a significant role in the landscape of real estate, whether that be the impact of the National Association of REALTOR®’ (NAR) settlement, which claimed this week that its practice changes… […]

Between the critics who have promulgated accusations of real estate price-fixing and conspiracy, and the brokers who have long championed industry ethics and practices, there has been little room for agreement. But at least one thing appears to unite these two groups, according to RISMedia’s latest Broker Confidence Index (BCI). The process for agents to… […]

Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage “junk fees” that are often tacked onto closing costs, launching a formal inquiry into the issue, according to… […]

If you haven’t already nominated a 2024 Rookie of the Year, you have just two days left! The nomination page will close this Wednesday, June 12 at 11:59 p.m. Nominations may be submitted here.  RISMedia’s third-annual Rookie of the Year program, sponsored by industry education leader, Colibri Real Estate, is designed to honor real estate… […]

Leading Real Estate Companies of the World® has announced the inclusion of RealScout to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms.  LeadingRE stated that RealScout streamlines the process of keeping buyers and sellers informed with relevant market updates, listing alerts, and home valuation reports,… […]

If you had told me four years ago that I would be teaching Probate to REALTORS®, I wouldn’t have believed you. Now, the Certified Probate Specialist Certification course, created by myself and Gee Dunsten, associate broker, speaker and president of Gee Dunsten Seminars, is one of the most popular programs in the United States for… […]

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. As reported by Freddie Mac, mortgage rates have “pulled back.” After being above 7% the final week of May, the first week of June saw the 30-year rate slip down to 6.99%, while the 15-year… […]

Joe Ventrone, former National Association of REALTORS® Vice President of Federal Policy and Industry Relations, received the Carl A.S. Coan, Sr., Lifetime Achievement Award for Public Service at the National Housing Conference’s annual Housing Visionary Awards Gala on June 5. The event honored individuals whose unwavering commitment and innovative solutions are making significant strides in… […]

In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year-over-year, representing a collective gain of $1.5 trillion and an average increase of $28,000 per borrower since the first quarter of 2023.… […]

Above, Eric Gallus and Jillian Young When one of the industry’s most successful regional brokerages joins forces with one of the biggest and most forward-thinking national real estate networks, it’s the purest definition of win-win. And that is precisely what occurred with the recent partnership of Premiere Plus Realty (PPR), the Naples-based, No. 2 market-share… […]

The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics.  The unemployment rate saw little change at 4% as well as the number of unemployed people, at 6.6 million. Both measures… […]

While understanding the overall market outlook is critical for success, real estate remains a local business. Brokers representing different parts of the nation will come together to discuss how national trends and industry-wide challenges are shaking out in their respective markets, and share their strategies for safeguarding profitability in an upcoming session at RISMedia’s CEO… […]

“Plug-and-play…move-in ready…no assembly required.” Well, maybe not that last one, but often, prospective homebuyers have little interest in houses not in perfect condition. Or ones that are not exceedingly neat and clean. It can present a problem for agents once in a while… Bingo! You’ve just landed a new listing through a referral. It’s an… […]

Property highlights: Location: Los Angeles, California Listing Price: $26 million Features: 1.5-acre luxury compound with eight bedrooms, 16 bathrooms. Added Appeal: Epitome of California living with resort-style amenities including a zero-edge infinity pool, sports court and outdoor entertaining areas. In the storied neighborhood of Brentwood, where Hollywood’s glittering history mingles with contemporary glamor, you’ll find… […]

The National Association of REALTORS® stated that its post-settlement practice changes “eliminate steering,” according to a recent update on the organization’s settlement FAQ page that addresses steering concerns. Steering concerns have been present in conversation since the commission lawsuits across the industry began. The argument presented in Burnett and many other cases is that when… […]

Are you wondering how to set an accurate price for a home in rough shape? Selling a house in poor condition presents unique challenges, primarily in setting a price that reflects its current state and potential market value. I will provide tips for effective pricing strategies for such properties, unpack the factors influencing their valuation… […]

The National Association of REALTORS® (NAR) had several major wins recently in the U.S. Supreme Court, advancing and protecting property rights around the country. Legal challenges in support of property rights are an important tool in public policy and advocacy, with decisions that have broad regulatory implications around the country. In 2023, NAR submitted two… […]

Recently an op-ed was published entitled “How We Got Here,” and it was so one-sided I felt compelled to respond.  If there is one lesson that should be learned about the real estate industry right now, it should be that we need to consider outside opinions. Now is not the time to retreat to our… […]

Anywhere Chief People Officer Tanya Reu-Narvaez Initially launched in 2019, Anywhere Real Estate concluded its latest “Week of Understanding” late last month, an event meant to embrace inclusivity in the realm of homebuying and selling across the industry and aiming to build a healthy company culture based on equality, including affiliated agents and franchisees alike.… […]

Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday.  This week’s numbers:  The 30-year FRM averaged 6.99% as of June 6, 2024, down from last week when it averaged… […]

Better Homes and Gardens Real Estate Ben Bray & Associates—located in Lafayette, Tennessee—is the latest firm to join the lifestyle real estate brand. The company has served Northern Middle Tennessee and South Central Kentucky for over 25 years from its original office located in Lafayette and its new office in Gallatin.  First founded in 1997… […]

While reflecting on the Memorial Day holiday, a time for remembrance and reverence, I am compelled to share a story that deeply moved me. It’s a tale that isn’t mine but one that resonates with the themes of leadership and sacrifice. Recently, I revisited a powerful talk from TED 2016, where Wes Moore—a former U.S.… […]

Of course you would like seller clients to have their homes professionally staged if you think it needs it. But sometimes homeowners will not want to spend the money or agree to make drastic changes to rooms, especially if they are living there. Creative agents can at least make suggestions that cost little, but either… […]

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 these challenging times.… […]

Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share since November 2022, according to a new report from Redfin. The median asking price dropped roughly $3,000 to $416,623 in the last week, the first decline in six months. Additionally, for-sale supply is growing more… […]

Above, Rhonda Chambal Rhonda Chambal President Irongate Inc. REALTORS® – A member of Leading Real Estate Companies of the World® Dayton, Ohio http://www.irongaterealtors.com/  Region served: Dayton metro area Years in real estate: 15 Number of agents: 300 Number of offices: 6 Favorite part of your job: Being able to determine the direction of the company… […]

Mortgage applications continued their downward trend from last week, decreasing 5.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2024. This week’s results include an adjustment for the Memorial Day holiday. This week’s data: The Market Composite Index, a measure… […]

In the wake of internal controversy, a media onslaught and ongoing litigation, the National Association of REALTORS has been steeped in turmoil, opening the door to competing organizations and demands for change. Real estate leaders will weigh in on the future of the association landscape in an upcoming session at RISMedia’s CEO & Leadership Exchange… […]

Plaintiffs in the long-running mega-buyer commission cases are appealing the final approval of multiple settlement agreements in seller-side cases, after a judge ruled that those agreements would exclude many people who both bought and sold homes from pursuing their separate claims against big brokerages. According to filings in federal court, lawyers representing James Mullis—one of… […]

In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical levels between 2017 – 2019, according to a new realtor.com® housing report, with economists saying this indicates the market remains tilted toward sellers (and existing homeowners). “In addition to higher median list prices and fewer… […]

Corcoran Reverie has announced that Michael Bonaguro—a mortgage industry veteran and musician—has joined Corcoran Reverie’s Nashville brokerage as a new agent. With a 20-year career in the mortgage industry as the owner of 1st Choice Mortgage Solutions in Franklin, Tennessee, Bonaguro brings experience and understanding of the local real estate market to the brokerage’s clientele. … […]

RE/MAX Chief Operating Officer and Chief of Staff Serene Smith resigned Monday, according to a company filing with federal regulators. She had been with the company since 2006, starting as senior manager of internal audit and progressing up to COO. She will continue with the company in a “non-executive part-time” role as a project manager.… […]

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. Summer is here, and it’s well known for its housing market boom that will bring everyone some new, much-needed business. While the boom affects everyone, marketing is always… […]

Above, Shawn Guzman Century 21 Real Estate LLC has announced its latest affiliation, growing its presence in Northern Alabama with a veteran-led group of real estate professionals based in Huntsville, now doing business as CENTURY 21 Home Team.  According to a release, the start-up company is spearheaded by Shawn Guzman, a military veteran with 12… […]

The commercial real estate industry is in a downturn and could wind up dragging down the financial sector with it, according to a new report from Florida Atlantic University (FAU). The root of the issue is the COVID-19 pandemic. Due to the transition to remote work, commercial real estate holdings are falling in value. Covid-spurred… […]

If you almost missed the Wednesday deadline to submit a candidate for TISMedia’s 2024 Rookie of the Year, don’t fret! We have extended the deadline to get your nominations in! Nominations may be submitted here. Deadline extended to 11:59 p.m. on Wednesday, June 12. RISMedia’s third-annual Rookie of the Year program, sponsored by industry education… […]

United® Real Estate has announced a merger between Stryve Realty, based in Fort Worth, and United Real Estate | DFW Properties, based in Grapevine, solidifying its foothold in North Texas. The combined operations include two offices in Fort Worth and one in Grapevine under the United banner. The move expands United | DFW Properties to… […]

Hollywood is responsible for how a lot of professions are perceived by the general public. Both propagating stereotypes and creating new tropes, movies and television shows wield a tremendous amount of power in terms of how police officers, doctors, teachers, lawyers, scientists and politicians are viewed, with whole series or films centered on (often inaccurate)… […]

MoxiWorks has announced the appointment of Eric Elfman, an experienced executive with a track record of accelerating product and go-to-market strategy, as the company’s new Chief Executive Officer (CEO) and member of the Board of Directors.  Current CEO York Baur will remain on the Board of Directors helping to guide vision and strategy, the company… […]

Stellar MLS recently hosted “Elevate,” an innovative real estate event featuring tech solutions and other strategies for advancing the real estate industry. More than 150 agents, brokers and other industry professionals from Volusia, Flagler, Orange and Osceola counties, and surrounding areas attended the May 23 event, at the Brannon Center in New Smyrna Beach. Stellar… […]

Members of the executive team of Stellar MLS, the largest multiple listing service in Florida and Puerto Rico, will join more than 1,500 colleagues in Germany to network and share best practices for leveraging the power of the multiple listing service and using innovative technologies to transform the real estate industry. German Real Estate Day… […]

Buying a home involves multiple steps, including providing an earnest money deposit. This deposit is a sign of good faith between the buyer and seller. It indicates the buyer’s commitment to purchasing the property. However, losing this deposit can be a significant financial setback. I will guide you with the following information so you don’t… […]

Above, Laura Roman Six years ago, I left the corporate world to join my husband in the real estate industry. With a background in human resources, operations management, commercial insurance and customer service, I brought a well-rounded perspective to better serve our clients. Our goal was clear: to focus on serving our clients, building relationships… […]

Above, Ryan Platzke Growing up in Michigan, Ryan Platzke took an interest in a neighbor’s real estate and insurance business—so much so that he majored in Real Estate Sales and Marketing at Ferris State University. An invitation by his uncle took him to Minnesota, where he joined Coldwell Banker in 2002 and the rest, as… […]

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Settlements from large brokerages have continued to cause ripples as copycat lawsuits of Burnett and other commission lawsuits persist. While some pending or approved settlements have caused proceedings to be paused in some… […]

The deadline to submit nominations for RISMedia’s 2024 Rookie of the Year is quickly approaching.  Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5. RISMedia’s Rookie of the Year program, sponsored by industry education leader, Colibri Real Estate, is designed to honor real estate agents who are new to the business… […]

The June issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at Jason Mitchell Group’s brokerage model and how its difference from the industry standard has bred success. In addition, we look at Premiere Plus Realty’s merger with United Real Estate, what… […]