Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal court today, as the international luxury brand entered into a preliminary agreement with plaintiffs to end litigation claiming the company participated in a conspiracy to inflate commissions. Terms of the agreement were not released, and… The post Engel &...
20 June 2024
Maintaining a condo involves regular care and timely repairs. This ensures a comfortable, safe living environment and preserves property value. I will provide the following guidance: Practical tips for regular condo maintenance Solutions for common condo maintenance issues A seasonal checklist to keep your condo in top shape From being a condo owner in multiple… The post Condo Maintenance and Upkeep: A...
The National Association of REALTORS® (NAR) and the CCIM Institute are co-hosting C5 + CCIM Global Summit–the nation’s premier commercial real estate and economic development event–at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida from September 17–19, 2024. Practitioners from virtually every segment of the commercial ecosystem–from financing and development to sales...
Listing properties is often seen as a real estate agent’s most glamorous work, but buyers also need expert agents. If helping buyers find their perfect home is your specialty, use localized demographic data as your secret weapon to enhance your business. Let’s explore four ways to utilize it. What is demographic data? Demographic data encompasses… The post 4 Ways to Use Localized Demographic Data...
The 30-year fixed-rate mortgage dipped again for the third-straight week, averaging 6.87%, down from last week’s average of 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 6.87% as of June 20, 2024, down from last week when it averaged 6.95%. A… The post Mortgage Rates Move Down for Third...
Above from left, Leo Pareja, Kendall Bonner and Holly Mabery “You need to proactively explain where the value you deliver is, because if someone thinks all you do is unlock a door, it’s going to be a much, much harder conversation to have going forward.” So said eXp CEO Leo Pareja during the company’s recent… The post Buyer Agent Playbook: Open Houses, Social Media and What to Expect in August...
Modern real estate requires modern innovation, specifically influencing. REALTORS® need to influence the market through content creation and strong client relationships. Jack Greenberg—a broker and salesperson with huntington & ellis and an RISMedia Newsmaker—has success influencing the market through both forming a successful team with a strong client ethic and a successful podcast. In...
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released June 20 by the Census Bureau and the Department of Housing and Urban Development (HUD). The pace of construction worsened as builders are dealing with high financing costs as well as elevated mortgage rates that… The post Housing Starts at 4-Year Low; High Construction Costs and Mortgage...
Inside Real Estate, an independent real estate software company and technology partner to leading real estate brands and approximately 500,000 real estate professionals, has announced a new product rebrand titled ‘BoldTrail,’ an all-encompassing brand portfolio that unites its expansive collection of capabilities into one cohesive system. According to the company, BoldTrail brings together Inside...