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NAR commission settlement rules will go into effect in August

USA Real Estate News-Inman - Fri, 2024-05-03 16:36
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected.

Mortgage rates ease for 3rd day in a row on soft April jobs report

USA Real Estate News-Inman - Fri, 2024-05-03 16:34
Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in tightening by Fed policymakers.

Keeping it real: How to showcase your unique value on social media

USA Real Estate News-Inman - Fri, 2024-05-03 15:39
Join Maris Messervey as she reveals expert strategies for showcasing authentic value and growing your business on social media.

Mortgage trends reflect a diversifying America: Redfin

USA Real Estate News-Inman - Fri, 2024-05-03 15:15
Rising population rates and a shrinking racial wealth gap have led to a rise in new mortgage applications among homebuyers of color, according to Redfin's latest report.

Ben Caballero sets new world record with 7,012 home sales

USA Real Estate News-Inman - Fri, 2024-05-03 14:48
Caballero sold 7,012 homes totaling $3.638 billion in volume at an average of more than 19 individual homes every day of the year.

PropStream-Sponsored Robotics Team Places in Competition

USA Real Estate News-RISMedia - Fri, 2024-05-03 14:05

Lead generation platform PropStream offered partial sponsorship to Code Orange Team #3476, a pre-college robotic team which competed and placed 25th (out of 75th) in the First® Robotics Competition (FRC) from April 17-20, 2024 in Houston, Texas. The event, and Code Orange Team 3476 itself, aim to promote interest and knowledge in science, technology, engineering,…

The post PropStream-Sponsored Robotics Team Places in Competition appeared first on RISMedia.

Revolutionizing the Industry with AI Solutions

USA Real Estate News-RISMedia - Fri, 2024-05-03 14:00

Despite all the many accomplishments Reliance has achieved over its first 20-plus years, there is one person in particular who remains fairly indifferent. That would be CEO Sean McRae. It’s not that he isn’t proud of what he’s helped build, because he is. It’s more that he prefers to focus purely on looking forward, not…

The post Revolutionizing the Industry with AI Solutions appeared first on RISMedia.

Home Sale Profits Decline as Home Prices Fall

USA Real Estate News-RISMedia - Fri, 2024-05-03 13:58

Home selling profits continued to decline due to a decrease in the median nationwide home price, according to the latest data from ATTOM. ATTOM’s Home Sales Report for Q1 2024 saw profit margins on median-priced single-family home and condo sales decrease to 55.3%—the smallest level in more than two years. This reading was down from…

The post Home Sale Profits Decline as Home Prices Fall appeared first on RISMedia.

RE/MAX Posts Declines in Q1: Down YoY in Revenue, Agent Count

USA Real Estate News-RISMedia - Fri, 2024-05-03 12:26

RE/MAX, a global power brokerage that has been voted to have the U.S. and Canada’s most trusted agents, posted another quarter of decline in revenue and agent count. This comes after four consecutive quarters of decline in 2023, and a commission settlement of $55 million in the third quarter of 2023, aimed to resolve sweeping…

The post RE/MAX Posts Declines in Q1: Down YoY in Revenue, Agent Count appeared first on RISMedia.

Redfin AI search assistant, Ask Redfin, launches nationwide

USA Real Estate News-Inman - Fri, 2024-05-03 11:44
Nearly two months after beta testing, Seattle-based brokerage Redfin has launched its artificial intelligence-powered home search assistant, Ask Redfin, nationwide. Homebuyers using Redfin's Apple iOS app will automatically see Ask Redfin on a home's listing page after completing a quick update.

How agents can rise to the top of their market in the next 90 days

USA Real Estate News-Inman - Fri, 2024-05-03 11:28
Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements.

BREAKING: NAR Settlement-Required Practice Changes Pushed to August 17

USA Real Estate News-RISMedia - Fri, 2024-05-03 11:27

In a letter to members, National Association of REALTORS® (NAR) Chief Legal Officer Katie Johnson announced practice changes required under the NAR Settlement Agreement in the seller commission cases will take effect in August not July as originally stated, giving all parties involved a three-month window to adapt. She also outlined how the practice changes…

The post BREAKING: NAR Settlement-Required Practice Changes Pushed to August 17 appeared first on RISMedia.

Start your engines for NAR’s new rules of the road: The Download

USA Real Estate News-Inman - Fri, 2024-05-03 11:24
This week we got our first glimpse into some of the practical, procedural changes that we'll see in the aftermath of NAR's commission lawsuit settlement.

Supra One aims to evolve the way homes are shown

USA Real Estate News-Inman - Fri, 2024-05-03 11:03
Supra One is “all-new” and fully integrated with the company’s home showing system, a product that allows for simple online home tour scheduling, access details, collaboration features, ongoing showing insights, agent name and concise calendar management.

The Golden I Club is your ticket to luxury — but the doors close soon

USA Real Estate News-Inman - Fri, 2024-05-03 11:00
Nominations for luxury's most prestigious award close on May 17. But there are plenty of ways to ensure your name is synonymous with quality and unmatched expertise. Submit nominees today.

Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen

USA Real Estate News-RISMedia - Fri, 2024-05-03 10:58

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 economic signs remain stagnant or begin to worsen, the Fed decided once again to keep interest rates steady at the latest FOMC meeting. Many in the industry held an expectation for the central bank…

The post Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen appeared first on RISMedia.

Thoughts on Leadership: PENAM—The Architectural Forces Shaping You

USA Real Estate News-RISMedia - Fri, 2024-05-03 10:26

Have you ever pondered the intricate forces that mold your identity and influence your capacity for leadership? The acronym PENAM serves as a roadmap to understanding these pivotal influences in our lives. Each letter represents a significant force that shapes our beliefs, behaviors, and ultimately, our leadership potential. P: Parents Our foundational influence comes from…

The post Thoughts on Leadership: PENAM—The Architectural Forces Shaping You appeared first on RISMedia.

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