BrokeragesKW surpasses $2B in profit sharesThe profit-share program, which made headlines last year after the company proposed changes, hit a new milestone with the multibillion-dollar figure.Dave GallagherJuly 22, 2024
IndustryColorado official: Buyer contracts can’t be required for home toursA letter to the state’s Realtor association also calls out consumer complaints about being “ensnared in contracts with brokers” they don’t want to work with.AJ LaTraceUpdated July 23, 2024
BrokeragesA top eXp exec jumps to fast-growing cloud-based brokerageFormer eXp Chief Growth Officer Michael Valdes will spearhead the international expansion of LPT Realty, which he says is perfecting the model eXp pioneered.Dave GallagherJuly 22, 2024
IndustryWhat to keep in mind as NAR’s ‘remarkable deal’ becomes realityA leading MLS lawyer breaks down the settlement that removes offers of compensation from MLSs and requires more robust buyer agreements starting August 17.Stephanie Reid-SimonsJuly 21, 2024
IndustryHousing market angst won’t swing the election (probably)Renters and buyers are frustrated by high housing costs, but homeowners — the largest share of likely voters — are focused on other issues.Amie FisherJuly 20, 2024
BrokeragesBrokerage Beat: News from Compass, E&V, Coldwell Banker, C21Compass gains teams in New Jersey and Florida; E&V opens in Portland; CB Warburg adds agents; Century 21 marks third year of global giving initiative. Real Estate News StaffJuly 20, 2024
BrokeragesHoward Hanna offering buyer agreement/mortgage bundle dealBuyers who sign agreements with the nation’s largest family-owned brokerage — and use its mortgage services — will get a 0.5% credit when their loan closes.Dave GallagherJuly 19, 2024
AgentsAgents Decoded: Finding opportunities in changeThe industry has weathered many storms, and through it all, has grown and thrived. So can agents. Jay Thompson shares 4 ways to leverage the changes ahead.Jay ThompsonJuly 19, 2024
MLS/AssnMLS data shares picking up steam in the SoutheastFour MLSs go Coast 2 Coast in Florida; North Carolina MLS expands into Georgia, each serving about 20,000 members.Dave GallagherJuly 19, 2024
AgentsWhy the Midwest is best for agents right nowA recent analysis found that agents in several Midwestern cities earn higher salaries and face less competition compared to their peers in other regions.Robert DavisJuly 19, 2024
By the NumbersMortgage rates tumble; time for buyers to ‘get serious’Despite falling rates, homebuyer demand remains weak. Now could be a chance to make offers before inventory tightens and prices rise further, one expert says.Dave GallagherJuly 18, 2024
IndustryForeign purchases of U.S. homes falls to the lowest level on recordA new report shows major drops in international purchases of U.S. real estate, at a time when legal efforts to restrict buyers from certain countries ramped up.AJ LaTraceJuly 18, 2024
Industry'Unfiltered': Tech, brokerage CEO on life after iBuyingWatch the conversation as Lane Hornung of zavvie and 8z explains what agents need to know about “power buying” and innovations in financing to show real value.Real Estate News StaffJuly 18, 2024
TechFCC looks to tighten rules on AI-generated robocallsThe proposed regulation — the first of its kind — comes at a time when the real estate is already dealing with lawsuits over unsolicited texts and calls.Dave GallagherJuly 17, 2024
TechTech Bytes: News from VestaPlus, NEO, zavvie, RelianceStaten Island MLS adds Checkmate software; lender NEO leverages zavvie's cash-offer platform; Reliance adds AI-powered marketing tools.Real Estate News StaffJuly 17, 2024
BrokeragesDancing with Mauricio: On NAR, commissions and what scares himThe TV star and founder of The Agency says running an association is “a pain” but sees opportunities to improve the agent experience and “fragmented” MLS space.Stephanie Reid-SimonsJuly 17, 2024
By the NumbersHousing Market Decoded: Why are home prices still rising?High mortgage rates, which increase the cost of buying, should push prices down — right? But the relationship between rates and home prices isn’t that simple.Lisa SturtevantJuly 17, 2024
By the NumbersWill a fall rate cut kick-start home sales?The Fed is expected to cut rates in September, which may spur buyer activity — but after Canada’s central bank cut rates for the first time in June, sales fell.Dave GallagherJuly 16, 2024
IndustryConsumer watchdog shares its recipe for buyer agreementsAfter criticizing many agreements as “unfair,” The Consumer Federation of America has compiled a list of best practices for the industry.AJ LaTraceJuly 16, 2024
BrokeragesUnited, HomeSmart reach deals in commissions caseThe two brokerages announced settlements in the Gibson/Umpa case on Monday, while several other firms filed motions to dismiss.Dave GallagherUpdated July 16, 2024