Inman
SEPTEMBER 30, 2024
University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.
Housing Wire
SEPTEMBER 28, 2024
Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. It will likely take mortgage rates to go under 6% and stay there for an extended period to get real sustained demand growth from record-low sales levels. However, considering the affordability challenges with the housing market , it’s good to see a flip in the housing data without rates getting under 6%.
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Real Estate News
OCTOBER 2, 2024
University at Buffalo School of Law professor Tanya Monestier’s draft agreement gets most agents “90% of the way there,” she told Real Estate News.
Keeping Current Matters
OCTOBER 1, 2024
After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Inman
OCTOBER 3, 2024
A "culture of fear and retaliation" has damaged eXp World Holdings' image, goodwill and monetary performance amid several sexual assault lawsuits, two shareholders claim in a suit filed Wednesday.
Housing Wire
OCTOBER 3, 2024
The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so. Redfin ’s Homebuyer Demand Index — which measures homebuyer requests for agent services like home tours — was up 9% month over month at the end of September, hitting its highest level since April.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
OCTOBER 3, 2024
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion.
Inman
SEPTEMBER 30, 2024
Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel.
Housing Wire
OCTOBER 1, 2024
Katie Johnson is stepping down from her role as chief legal officer for the National Association of Realtors. CEO Nykia Wright informed NAR members of the news in an email sent Tuesday and obtained by HousingWire. Johnson, who has spent 17 years at the trade association, has also been serving as NAR’s chief membership experience officer. Her last day will be Oct. 4.
Real Estate News
OCTOBER 3, 2024
In its latest consumer guide, the association offers general education about MLSs while alluding to the ongoing debate over its Clear Cooperation Policy.
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Keeping Current Matters
SEPTEMBER 30, 2024
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.
Inman
OCTOBER 1, 2024
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving.
Housing Wire
SEPTEMBER 30, 2024
The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers. New research from the Federal Reserve Bank of Atlanta attempts to answer one question — can my agent get a better sale price on my home than a competing agent?
Real Estate News
SEPTEMBER 30, 2024
Home Price Index went up 4.1%, while starter homes are more affordable than they’ve been in four years — in part due to a shift in perspective.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Keeping Current Matters
OCTOBER 2, 2024
Seeing your house sit on the market without any bites is the ultimate frustration.
Inman
OCTOBER 1, 2024
Compliance expert Summer Goralik tackles why the commission-splitting debate remains unresolved and whether listing agreements should still include buyer agent compensation fields.
Housing Wire
OCTOBER 4, 2024
A stronger than expected September jobs report is not great news for the Federal Reserve or the housing industry, which was hoping for a swift decline in interest rates. Data from the U.S. Bureau of Labor Statistics released on Friday shows that 254,000 non-farm payroll jobs were added in September. This is higher than the average monthly gain of 203,000 jobs over the past 12 months.
Real Estate News
SEPTEMBER 28, 2024
Agents are slowly warming up to the new reality in real estate sales, though most still believe the NAR settlement will have a negative effect on the industry.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Keeping Current Matters
OCTOBER 4, 2024
Affordability is based on three key factors: mortgage rates, home prices, and wages.
Inman
SEPTEMBER 28, 2024
It seems everyone's talking about Clear Cooperation these days. Is the policy a power grab from NAR and the MLSs or a sincere effort to level the playing field for buyers?
Housing Wire
OCTOBER 4, 2024
Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has. However, it works both ways. Recently, I’ve written that mortgage rates may have bottomed for 2024 because they got toward the low-end range of my 2024 forecast , and unless the labor market gets much weaker, this is it.
Real Estate News
SEPTEMBER 30, 2024
Plaintiffs in the Sitzer/Burnett commissions case are seeking preliminary approval for deals with 15 non-Realtor MLSs and 13 real estate brokerages.
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.
Brownstoner
OCTOBER 4, 2024
Another beloved Brooklyn business is biting the dust, and more changes are coming to its busy thoroughfare. Desert Island comic store announced on Instagram yesterday that it would be closing its doors come the end of the year due to the landlord almost doubling the rent. Desert Island opened at 540… Read More > The post Beloved Williamsburg Comic Store Desert Island to Close Due to Rent Hike appeared first on Brownstoner.
Inman
SEPTEMBER 30, 2024
In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday.
Housing Wire
OCTOBER 2, 2024
In a recent episode of the “ New Home Insights Podcast, “ John Burns, the founder and CEO of John Burns Research & Consulting , sits down with Don Mullen, founder and CEO of Pretium Partners , for a fireside chat at the Rental Communities Summit. Prior to founding Pretium, Mullen was the head of global credit and mortgages at Goldman Sachs. Pretium is a real estate investment firm that focuses on single-family rental (SFR), build-to-rent (BTR) and fix-and-flip properties.
Real Estate News
SEPTEMBER 29, 2024
Home prices also will increase, with the median at more than $900,000, C.A.R. predicts. But the recent drop in mortgage rates may help with affordability.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Bigger Pockets
OCTOBER 2, 2024
As a landlord, you probably already know that taxes are unavoidable, but that doesn’t mean you can’t minimize them and keep more of your hard-earned cash.
Inman
OCTOBER 4, 2024
With a soft landing seen as more likely, analysts say Fed policymakers can now afford to be more cautious about the pace of future rate cuts, and mortgage rates aren't likely to fall below 6 percent anytime soon.
Housing Wire
OCTOBER 3, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. It’s almost that time of year! The leaves are starting to turn, kids are back in school, and the fall real estate market is in full swing. We have only three months until the end of the year, so if you’re looking to close a few more deals and fill your pipeline for the spring, the time to put in the work is now.
Real Estate News
OCTOBER 3, 2024
A total of nine brokerages have settled in the Gibson/Umpa case, but objectors balk at damage amounts and cite concerns over the impact on homebuyer claims.
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.
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