Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement.

Buyers 475

Buyers Contracts Real Estate Agents 475

Appraisal Buzz

MARCH 22, 2024

The U.S. mortgage delinquency rate fell to 3.34% in February, a decrease of 1.29% compared with January and down 3.24% compared with February 2023, according to ICE Mortgage Technology’s First Look report. While the number of borrowers one payment behind rose modestly by 10,000, those 60 days late as well as those 90 or more days past due both fell to their lowest levels in three months.

Mortgage 370

Mortgage Inventory Appraisal 370

Housing Wire

MARCH 22, 2024

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. In a document filed with the Securities and Exchange Commission on Friday morning, the Robert Reffkin-helmed firm announced that it had reached a nationwide settlement in relation to the Umpa and Gibson suits on Thursday.

Brokerage 454

Brokerage Realtors Agents Clients 454

Real Estate News

MARCH 22, 2024

NAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.

Agents 310

Agents 310

Housing Wire

MARCH 22, 2024

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing. The 2023 housing market was a period of uncertainty with low inventory and industry challenges. For all of 2023, the Relitix Agent Movement Index , showed a marked decrease in agent movement.

Brokerage 446

Brokerage Real Estate Agents Realty 446

Real Estate News

MARCH 22, 2024

The first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.

Brokerage 244

Brokerage Business 244

Real Estate News

MARCH 22, 2024

The internal promotions will help “drive our brand into a new era of growth and success,” said the company’s founder and CEO.

Realty 229

Realty 229

Housing Wire

MARCH 22, 2024

2023 was a consequential year for real estate. The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. According to Altos Research , 2023 inventory bottomed in April at 406,206 active listings. Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth.

Brokerage 417

Brokerage Realty Real Estate Inventory 417

Real Estate News

MARCH 22, 2024

NAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.

187

187

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. In real estate and data alike, clarity and trust are paramount. That’s why, after 35 years of excellence, RealTrends is proud to unveil a new chapter in our journey: RealTrends Verified.

Brokerage 417

Brokerage Real Estate Agents Sellers 417

Inman

MARCH 22, 2024

The news comes one week after NAR's whopping $418 million settlement was announced. Compass also agreed to make some minor changes to its business practices as part of the settlement.

Business 193

Business Realtors Brokerage 193

Housing Wire

MARCH 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Looking for more listing leads? With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. While marketing to your sphere of influence, networking, and direct mail campaigns work, they can be time-consuming and they don’t always yield quick results.

Real Estate 417

Real Estate Sellers Real Estate Agent Tools 417

Inman

MARCH 22, 2024

The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million homes through the end of September.

Insurance 179

Insurance Government Mortgage 179

Eyes on Housing

MARCH 22, 2024

Nonfarm payroll employment increased in 43 states and the District of Columbia in February compared to the previous month, while seven states saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 275,000 in February, following a gain of 229,000 jobs in January.

115

115

Inman

MARCH 22, 2024

Agent rivalries, a transitioning market, family drama and a new mansion tax are just some of the key challenges that cast members will face on the reality TV show in its new season.

Agents 176

Agents Marketing Brokerage 176

BiggerPockets

MARCH 22, 2024

“I always thought stealing was wrong,” real estate investor and developer George McCleary remarks at the end of a viral video posted on social media last month, “But turns out, if you steal a […]

Landlords 84

Landlords Real Estate Investors Development 84

Inman

MARCH 22, 2024

Explore a wealth of expert insights and strategies designed to navigate the balance of leadership between your personal life and business and what it means to be successful in both.

Business 176

Business Design Development Brokerage 176

BiggerPockets

MARCH 22, 2024

A recent CNBC survey based on cost per square foot revealed that the United States’ most expensive real estate market is San Francisco’s South of Market, which contains historic Victorian buildings surrounded […]

Real Estate 82

Real Estate Marketing 82

Inman

MARCH 22, 2024

In the first of her two-part series, marketing expert Marci James offers insight into making the most of your digital presence with search engine optimization.

Marketing 185

Marketing Technology Brokerage Agents 185

Appraisal Today

MARCH 22, 2024

Dos and Don’ts of Selecting Appraisal Comps Excerpts: Follow these dos and don’ts to help ensure that relevant comparable sales are established: Here are a few topics Do welcome relevant comparable sales from real estate agents Don’t limit the number of comparable sales to three Do consider objective characteristics when selecting competing neighborhoods Don’t use appraisal comps based on price As an appraiser, you must provide an unbiased opinion of value.

Appraisal 65

Appraisal Contracts Business Insurance 65

Inman

MARCH 22, 2024

The value of relationship-building has never been clearer or more important, Jimmy Burgess writes. Help leads and clients move forward with confidence so you can provide optimal real estate services.

Real Estate 164

Real Estate Clients Brokerage Agents 164

BiggerPockets

MARCH 22, 2024

The National Association of Realtors (NAR) agreed to a settlement last week that will eliminate its rules on sales commissions.

Real Estate 80

Real Estate Investors Realtors 80

Inman

MARCH 22, 2024

Anchored by industry leaders, top performers and advocacy, Inman Connect Las Vegas is primed to be a catalyst for changing real estate.

Real Estate 187

Real Estate Brokerage Agents 187

Lamacchia Realty

MARCH 22, 2024

March 20, 2024 – The buyer commission lawsuit affecting the National Association of REALTORS® has been making headlines for months, especially since NAR announced their proposed settlement on March 15th. In their new article, The Boston Globe dives into how this will affect consumers, particularly first-time home buyers. Anthony Lamacchia, who has been passionately advocating for buyers, sellers, and REALTORS® throughout the suit, was quoted in the piece.

Buyers 55

Buyers Realtors Government Realty 55

Inman

MARCH 22, 2024

New York City's worst landlord has begun a two-month sentence at Rikers after refusing to correct more than 700 housing violations between his two Manhattan properties. Daniel Ohebshalom surrendered to authorities on Thursday, two weeks after housing court judge Jack Stoller issued a warrant for his arrest.

Landlords 157

Landlords Marketing 157

Mortgagebroker News

MARCH 22, 2024

Opportunities exist – but advice of seasoned professionals essential, says broker

77

77

Inman

MARCH 22, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 164

Brokerage Agents 164

Mortgagebroker News

MARCH 22, 2024

Survey shows under-30s are redefining deal-breakers

91

91

Inman

MARCH 22, 2024

Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one.

Real Estate 135

Real Estate Realtors Brokerage Agents 135

Lamacchia Realty

MARCH 22, 2024

HOW TO HURRICANE-PROOF YOUR FLORIDA HOME Living in Florida offers many perks , from sunny days to beautiful beaches, but it also comes with the reality of hurricane season. There’s no denying that Florida experiences the highest frequency of hurricanes compared to any other state in the country. As residents, it’s crucial to ensure our homes are adequately prepared to withstand these powerful storms.

Design 52

Design Home Improvement Realty Insurance 52

Mortgagebroker News

MARCH 22, 2024

Future asset purchases to target primary and secondary debt markets

Marketing 75

Marketing 75

Eppraisal

MARCH 22, 2024

Your first spring in your new home is an exciting time as trees begin to bud and flowers bloom. Getting used to seasonal maintenance for this house may take a bit of work. You should be attentive to details, such as where leaves collect or how things wear down due to harsh weather conditions. Following a checklist can ensure you catch crucial repairs and keep your home looking fresh and ready for warmer weather.

Inspection 36

Inspection Home Value Contracts Marketing 36

Mortgagebroker News

MARCH 22, 2024

Government lands to be used for affordable homes

Government 77

Government 77

Housing Wire

MARCH 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Networking can be intimidating for some real estate agents. It is an extremely broad term that encompasses many types of activities — from attending speed networking events (think: speed dating but for entrepreneurs) to stopping by your friend’s summer barbecue.

Real Estate 433

Real Estate Real Estate Agent Clients Agents 433