Client loyalty is the cornerstone of a successful business, especially in the real estate industry. It’s the key to retaining clients over several years between transactions, and it presents the greatest opportunity for long-term growth. Moreover, the right client loyalty solutions can even lead to near-term listings. Yes, by focusing on client loyalty, you can… The post Effortlessly Tackling the...
11 June 2024
After taking home the top Rookie of the Year honors at RISMedia’s annual Power Broker event last November, Stacy Cole hasn’t let it go to her head. In fact, she says it’s the little everyday activities that combined with hard work and proper life balance, have added up to another successful year for her this… The post 2023 Rookie of the Year Updates on Her Year, Offers Inspiration for Next Honoree...
Above, John Clidy, Wendi Harrelson, Mark Willis and Jason Abrams The National Association of REALTORS® (NAR) has, as part of a settlement in class-action lawsuits centering on buyer-broker commission structures, agreed to rule changes that take effect this coming August. On Monday, June 10, 2024, leadership at brokerage franchise Keller Williams held a one-hour virtual… The post Keller Williams Execs...
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Across the real estate industry, notable agents, brokers and firms often have a compelling presence on social media, and consistently amplify their voices, beliefs and business strategies to… The post Social Skills: 4 Ways to...
A majority of homebuyers aren’t shopping around for a mortgage, according to new data from LendingTree. Specifically, 54% of buyers who took out a mortgage for their most recent home purchase received just one offer from one lender, 22% got two offers and 17% got three. “There’s no magic number for how many offers homebuyers… The post Over Half of Homebuyers Skip Mortgage Shopping, Yet Those Who Do...
Online real estate brokerage Flyhomes has acquired assets from the real estate AI startup ZeroDown to launch Flyhomes AI, described as “the industry’s first purpose-built AI home search portal.” ZeroDown is among the many firms invested in by AI guru Sam Altman, who stated he has heightened his interests in companies that use OpenAI models… The post New Entrant to Portal Space Betting on AI to...
A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the University of Pennsylvania—shows that supply of housing from city to city is not dependent on the political party in power, at least at the local level. Both Gyourko and Ferreira examined the relationship between housing… The post Study: Partisanship Has No Effect on the...
For those who missed our previous deadline, RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is open to accepting nominations for one last day! The nomination page will close tonight, June 12, at 11:59 p.m. Nominations may be submitted here. RISMedia’s Rookie of the Year program, sponsored by industry education leader, Colibri Real… The post Final Call for Real Estate’s Rookie...
MLS PIN, the Massachusetts-based listing service that has become a focal point of the Department of Justice’s (DOJ) interest in real estate commission practices, yesterday filed its long-awaited response to antitrust regulators as it urged a federal judge to reject DOJ arguments that “fail on their own terms” in a proxy battle over compensation structure.… The post DOJ Intervention Violates Free...