21 May 2024

Harry Norman, REALTORS® Leads in Atlanta Real Estate Awards

Harry Norman, REALTORS has announced that company real estate professionals have been nominated in 24 of the 35 categories for the Interiors Atlanta 2024 Real Estate Awards, including “Industry Icon,” “Top Industry Newcomer,” and more. The announcement was made in the latest issue of Modern Luxury Interiors Atlanta (Volume 2). The Interiors Atlanta 2024 Real… The post Harry Norman, REALTORS®...

ERA Announces Wyoming Brokerage Acquisition

ERA Carroll Realty, based in Sheridan, Wyoming, has acquired Buffalo Realty in Buffalo, Wyoming, which is now doing business as Buffalo Realty ERA Powered. The move connects two important markets serving the Big Horn Mountain region, increasing ERA Carroll Realty’s service area and market share.  Buffalo Realty ERA Powered’s clientele buy and sell a variety… The post ERA Announces Wyoming Brokerage...

A Look Back at the 2023 Rookie of the Year Regional Finalists: Part 1

Above, Heather McColaugh, Eric Landry Back for its third year, RISMedia’s Rookie of the Year contest honors agents who are new to the business yet achieving extraordinary results. And 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… The post A Look Back at the 2023 Rookie of the Year Regional Finalists:...

Hold the Commission Talk: Zillow’s New Touring Agreement Lets Buyers Test the Waters Before Getting Too Serious

Most people want to date before becoming exclusive, and the same goes for hiring a real estate agent, per Zillow. Last month, the company unveiled a short-term touring agreement to get ahead of the buyer-agency agreement stipulation in the proposed NAR settlement—and has now shared additional details with RISMedia. Long-term exclusive agreements from the get-go… The post Hold the Commission Talk:...

DOJ Lawyer Says No Offers of Compensation ‘Anywhere’

Antitrust regulators at the Department of Justice (DOJ) appear unsatisfied with the agreement struck between the National Association of REALTORS® (NAR) and plaintiffs in commission lawsuit class-actions, with a DOJ lawyer saying explicitly that they do not want any offers of compensation made by seller agents to buyer agents At a court hearing today in… The post DOJ Lawyer Says No Offers of...

U.S. Tappable Equity Reaches Record $11 Trillion High

Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home prices elevated. That’s why U.S. homeowners now have a record $11 trillion in tappable equity as of March, according to the May ICE Mortgage Monitor Report. Home-price growth eased slightly in March by 5.6%, compared… The post U.S. Tappable Equity Reaches Record $11...

United Real Estate Expands Alabama Operations in Third Merger

United® Real Estate has announced a merger in its Alabama operations and the expansion of its service footprint. Matlock Realty Group has joined Leading Edge Real Estate Group, growing the brokerage to over 300 agents who are now serving all of Alabama.  This move follows its 2023 merger with Revolved Realty, a release noted. In… The post United Real Estate Expands Alabama Operations in Third Merger...

NAR Appeals Circuit Court Decision Allowing DOJ to Restart Investigation

The National Association of REALTORS® (NAR) is appealing a recent court decision that allowed federal antitrust investigators to re-open their inquiry into real estate rules and practices, making another push to stymie potential further efforts by regulators to alter policies foundational to the industry. Filed late yesterday in the D.C. Circuit Court of Appeals, NAR… The post NAR Appeals Circuit Court...

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