NAR settlement doesn’t pass the ‘real world’ test
Real Estate News
OCTOBER 29, 2024
A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.
Real Estate News
OCTOBER 29, 2024
A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.
Housing Wire
NOVEMBER 1, 2024
Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year yield and mortgage rates to go lower. At first, this did happen, but after more digestion of the data, not only did the bond market give up all the early morning gains, but it headed higher for the day, which confused many. So, I will give you my best explanation, but I need to show all the data that came out this week.
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Keeping Current Matters
OCTOBER 28, 2024
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.
Inman
OCTOBER 30, 2024
Tanya Monestier says the settlement "reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it" as attorneys walk away with $333 million in cash.
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Real Estate News
OCTOBER 30, 2024
With less than a month until the deals are finalized, objectors are making claims of insufficient damages, harm to minorities, lack of accountability and more.
Housing Wire
OCTOBER 26, 2024
Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. We’ve seen some growth in new listings this year compared to 2023 levels, which is good for housing.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
OCTOBER 31, 2024
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.
Real Estate News
NOVEMBER 1, 2024
10 questions every listing agent had better be able to answer, from whether to list on the MLS or offer buy-side compensation to what goes into pricing a home.
Housing Wire
OCTOBER 30, 2024
Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100 equates to sales activity in 2001.
Keeping Current Matters
OCTOBER 29, 2024
With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market.
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Inman
OCTOBER 30, 2024
The Orlando Regional Realtor Association alleges the lockbox company used its confidential member list to entice members to join rival trade groups, but the company denies the allegations.
Real Estate News
OCTOBER 28, 2024
The latest numbers suggest that, for the third consecutive fall season, rates will crest that dreaded threshold.
Housing Wire
OCTOBER 31, 2024
Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within minutes. The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing tool that builds floor plans in five minutes or less.
Keeping Current Matters
NOVEMBER 1, 2024
Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.
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Inman
OCTOBER 29, 2024
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk.
Real Estate News
OCTOBER 28, 2024
Scott Durkin, who led Douglas Elliman Realty, was terminated just days after the CEO of its parent company stepped down.
Housing Wire
OCTOBER 28, 2024
The Federal Housing Finance Agency has expanded the eligibility for alternative appraisal methods on purchase loans by increasing the maximum loan-to-value (LTV) requirement. The announcement was made on Monday during the Mortgage Bankers Association (MBA) Annual Convention & Expo in Denver, Colorado. The maximum LTV ratio will increase from 80% to 90% for appraisal waivers and from 80% to 97% for inspection-based appraisal waivers, consistent with standard guide eligibility guidelines.
Keeping Current Matters
OCTOBER 31, 2024
Feeling a bit unsure, or even afraid, to move with everything going on right now?
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Inman
OCTOBER 31, 2024
Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry.
Real Estate News
OCTOBER 31, 2024
The major independent firm announced a pair of deals this week that support its strategy of steady growth across the eastern U.S.
Housing Wire
OCTOBER 28, 2024
After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S. District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, sayi
Seattle Times Real Estate
NOVEMBER 1, 2024
While real estate professionals call the rental market “cool” and “balanced,” many renters use words like “brutal” and “absolute hell” to describe their search.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
Inman
OCTOBER 29, 2024
Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20 percent down.
Brownstoner
OCTOBER 30, 2024
The controversial proposal to rezone the Arrow Linen site in Park Slope to make way for two at least 13-story apartment towers has gained the support of Brooklyn Borough President Antonio Reynoso, but Reynoso is calling on developers to deepen the project’s affordability as a condition of his support. Following… Read More > The post BP Backs Controversial Arrow Linen Project, But With More Affordable Units appeared first on Brownstoner.
Housing Wire
OCTOBER 30, 2024
Some of the most powerful women in real estate have taken the industry’s coaching space into their own hands. A group of current and former real estate executives have launched The Helm, a coaching platform designed to provide professional development to a more diverse audience. Co-founded by Danielle Wilkie and Heather Frick — formerly of Compass and Oracle, respectively — The Helm aims to help both seasoned veterans and entry-level professionals.
RIS Media
OCTOBER 31, 2024
A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck by Compass, The Real Brokerage, Realty… The post BREAKING: Judge Approves Copycat Settlements for Nine Brokerages appeared first on RISMedia.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Inman
OCTOBER 30, 2024
A recent initiative by professional sports organizations is seeking to do what Realtors have been doing for more than a year: Pledging to do more to create inclusive communities.
HomeLight
OCTOBER 31, 2024
If your home feels unsteady or you’re spotting new cracks in walls and ceilings, it might be time to consider house leveling. Foundation issues can creep up gradually, especially in older homes, leaving homeowners facing structural concerns and potential safety risks. When it comes to selling, an uneven foundation can impact your home’s value and marketability.
Housing Wire
NOVEMBER 1, 2024
HousingWire is excited to announce the honorees of this year’s Tech Trendsetters award. The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients. Similar to the HousingWire TECH100, which celebrates the most innovative companies in mortgage and real estate tech, Tech Trendsetters highlights the individuals who are developing cutting-edge technology and leading inn
RIS Media
OCTOBER 30, 2024
California Regional MLS (CRMLS) has announced the multiple listing service has teamed up with Bright MLS to offer their users reciprocal data access to each other’s listings. The reciprocal data access is available as of today through Matrix, and users do not require separate credentials, the organization noted As more Americans move across state lines,… The post Nation’s Largest MLS’s Team Up to Provide Reciprocal Listing Data appeared first on RISMedia.
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