May 2024

Century 21 Scheetz Welcomes New VP of Marketing

Century 21 Scheetz—a top 5 company in the national Century 21 system and the brand’s number one company in Indiana—welcomes Adam Bauer as the brokerage’s new vice president of Marketing. With over a decade of strategic marketing expertise, Bauer brings his industry knowledge to help fuel growth and continue to strengthen the Century 21 Scheetz… The post Century 21 Scheetz Welcomes New VP of...

Dermot Buffini to Share Leadership Strategies for Challenging Times

Dermot Buffini, CEO of renown real estate coaching firm, Buffini & Company, will deliver a powerful opening keynote address, “Leading Above the Line to Grow Your Bottom Line,” when he kicks off RISMedia’s 36th Annual CEO & Leadership Exchange, taking place Sept. 4-6 at the Mayflower Hotel in Washington, D.C. Click here to register now!… The post Dermot Buffini to Share Leadership Strategies...

NYC Commission Suit Splinters Around NAR Settlement

With many Burnett copycat suits resolved or on a path to resolution due to a settlement agreement struck by the National Association of REALTORS® (NAR), one class-action lawsuit appears to be on a different, more contentious path. The unique New York City real estate landscape is central to an ongoing battle between plaintiffs and a… The post NYC Commission Suit Splinters Around NAR Settlement appeared...

Mortgage Applications Fall in Response to Rate Uptick

As rates jumped back up above 7% last week, mortgage applications decreased 5.7%% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 24, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7% on a… The post Mortgage Applications Fall in Response to...

Equity Angels Announces First Proptech Cohort

Equity Angels—a social impact organization dedicated to fostering fair access to innovation and opportunity—has named its 2024 cohort for its first-ever accelerator program. Upfront provides innovative financial solutions for agents and brokers, The Studio Home leverages Web3 visualization for curated home furnishings, Maverick Systems optimizes big data analytics for agent acquisition and retention,...

Case-Shiller: Home Prices Way Up in March Due to Scarcity

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an increase of 8.2%, up from an 8.1% increase in the previous month. The 20-City Composite posted a slight year-over-year increase… The post Case-Shiller: Home Prices Way Up in March Due to...

Court Report: Parks Joins Compass Settlement; NAR Appeals Investigation

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. This week saw previously decided matters on the legal side of the real estate world revived, with the National Association of REALTORS® (NAR) arguing against the renewal of investigations and suits against itself.… The post Court Report: Parks...

It’s Time to Nominate a 2024 Real Estate Rookie of the Year

Do you know a new agent who is achieving extraordinary results in their rookie year? RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, and now is your chance to recognize a real estate rookie!  Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5. RISMedia’s Rookie of… The post It’s Time to Nominate a 2024 Real Estate Rookie...

Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang Time!

The 22nd anniversary of my real estate license passed a few weeks ago. Ooh Rah! (Sorry. My military is showing.) While I have had a license for that many years, I have been involved in real estate since 1988. That’s when I purchased my first rehab property—36 years ago.  In the 14 months before obtaining… The post Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang...

David Mele Departs CoStar With Homes.com in Prime Position

Longtime Homes.com President David Mele has officially parted ways with CoStar Group. Mele had previously hinted at an upcoming career move in recent conversations with RISMedia, indicating that he would be taking some time off before pursuing his next role. He reported to real estate trade media last week that this role will not be… The post David Mele Departs CoStar With Homes.com in Prime Position...

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