Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets. The report suggests that despite new listings, rising mortgage rates and prices continue to exclude potential buyers–affordability is defined as the central concern for the real estate market. “More… The post Bright...
14 May 2024
RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, honoring the industry’s top agents who are new to the business, yet achieving extraordinary results. Now is the time to nominate a 2024 Real Estate Rookie of the Year! Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5.… The post What Does It Mean to Be Named RISMedia’s...
When you hear “farming,” you probably picture livestock, tractors and a big red barn. However, real estate farming refers to a tailored marketing strategy that agents utilize to get the best listing leads. If this term is new to you, let’s delve into what it is, why it’s beneficial and how to execute the strategy… The post Real Estate Farming 101: Getting Started, Why It Matters & How to...
A 40-page court ruling by Judge Stephen R. Bough, and a transcript of the settlement proceedings released by the court regarding big brokerages in class-action commission lawsuits, revealed new details regarding settlement approval and reasoning for Judge Bough’s rejection of arguments from objectors at the May 9 hearing. Most notably, Bough addressed alleged conflicts of… The post Judge Addressed...
During RISMedia’s midyear Power Broker Forum on May 7, the standing-room-only crowd of more than 500 served as testament to the concern surrounding the settlement-triggered changes on deck for the industry this summer. While coming together to candidly share and strategize is the longtime goal of RISMedia’s Power Broker Forums, held semi-annually at the National… The post Hands-On and Fearless in the...
Guaranteed Rate has announced the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume in underserved communities nationwide. May 2024 marks the formal launch of phase two of this initiative, as the company has recorded rapid progress in its community work with diverse segments. The initiative’s first phase focused… The post Guaranteed Rate...
Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This law established programs that continue to serve veterans as they readjust to civilian life and reward them for their service to this country. Eight decades later, one of those programs continues to provide veterans with… The post Empowering Veteran Homebuyers...