Sat.Aug 26, 2023

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Elevating women in real estate: A look at where we are and where we need to go

Housing Wire

The fight for gender equity in the workplace remains a challenge, especially when it comes to the number of women in leadership positions. Frankly, the statistics speak for themselves. A survey found that 14% of men working in female-dominated industries already hold an executive level position, compared to only 8% of women (a 75% difference). Additional studies have shown that while 10.4% of Fortune 500 CEOs are female, less than 1% are women of color.

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Brokerage Beat: News from Real, The Agency, Side

Real Estate News

Real expands on the East Coast; The Agency nabs a top NYC broker, launches in Kentucky, and gains a team in Boise; Real names a managing broker for Texas.

Brokerage 238
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NAR harassment, retaliation and evasion revealed in Times exposé

Inman

In interviews with 29 current and former NAR employees, including 19 who claimed to have endured sexual harassment on the job, The New York Times described wrongdoing running not only through the organization but the subsidiaries and boards its executives currently sit on.

Realtors 148
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Do new and older homes cost the same now? It’s complicated

Real Estate News

Limited inventory is changing the behavior of buyers and the price of new construction relative to existing homes, several experts told Real Estate News.

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Yes, you need to respond to the good reviews, too

Inman

Those satisfied clients need love, too, so make sure you're responding to their positive reviews with sincere appreciation. Laura Stace tells you what to say and how to show your thanks.

Clients 148
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Allegations paint picture of sexual harassment, ‘culture of fear’ at NAR

Real Estate News

A New York Times article details complaints from women about NAR and its president's “predatory” behavior.

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Should First-time Home Buyers Wait for Interest Rates to Decline?

Buys Brokers Only LLC

The average U.S. mortgage interest rate reached its highest level since 2001 for the week ending August 24, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey.

Buyers 55
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How Much Does It Cost to Refinance a Mortgage in 2023?

BiggerPockets

How much it costs to refinance a mortgage depends on a few different factors. We'll explain how you can calculate your refinance payments.