While the homebuying journey may have ended happily for you and a new client, your work is not over. Keeping in touch with past clients for future endeavors is a crucial way agents maintain contacts that lead to new sales and referrals. One of the best ways to do that is to continue to provide… The post 4 Money-Saving Maintenance Projects to Suggest to New Homeowners appeared first on...
July 2024
High housing costs are one of the greatest burdens facing Americans today—and President Joe Biden and his administration have announced a new plan to deal with rising costs that are keeping prospective buyers from achieving the American Dream of homeownership. The proposal, first reported by the Washington Post, would institute a nationwide rule designed to… The post NAR Reacts to President Biden’s...
Editor’s Note: Superstars in sports and celebrities in real estate is a new series highlighting either high-profile professionals who have made a career transition into real estate, or those agents who represent such high-level individuals in the sale or purchase of their luxury homes. We’ll bring you their stories, best practices, top tips and more.… The post From World Series Champion to Thriving...
The National Association of REALTORS® has announced RentRedi as a new partner with NAR REALTOR Benefits®. RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. As part of the agreement, NAR members can receive an exclusive six-month RentRedi subscription for $1, plus… The post...
Mortgage rates hovering near 7% and elevated rates for construction and development loans continued to put pressure on builder confidence in July, according to the latest National Association of Home Builders (NAHB) data. Experts feel, however, that this downward trend may soon reverse course due to bettering economic signs. The NAHB/Wells Fargo Housing Market Index… The post Homebuilder Confidence...
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal Reserve Chair Jerome Powell said that inflation would not necessarily have to hit 2% before interest rates are cut. This statement constitutes a major shift from previous public comments made by the Fed emphasizing the… The post Fed Chair Powell: We Don’t Have to Wait for 2%...
Above: Rick Haase, President, United Real Estate United Real Estate yesterday became the latest company to settle seller lawsuits, according to a filing in federal court, while several other companies simultaneously chose to push forward and continue fighting seller commission cases, potentially indicating there is still some appetite to contest claims by recent homesellers. Details… The post United...
United® | Virtual Properties Realty (VPR) has announced a significant milestone—reaching 5,000 agents, posting an all-time record sales performance and a four-year agent growth rate of 35% since merging with United Real Estate in 2020. Celebrating its 25th anniversary this year, United | VPR stated it has joined the ranks of independent, non-franchised brokerages with… The post United | Virtual...
In a July 12 ruling, the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C., denied the National Association of REALTORS®’ (NAR) request for a rehearing in its dispute with the Department of Justice (DOJ). NAR and DOJ had originally reached a settlement agreement requiring NAR to increase transparency regarding broker… The post Court Denies NAR Petition for Rehearing in DOJ...
Woodbury, New York—Two heads are almost always better than one when facing uncertainty. When facing a lot of uncertainty—for instance, when a parade of class-action lawsuits upend century-old precedent in how your industry operates—it might be better to get as many experienced minds together as possible. That was the idea at the Long Island Board… The post From ‘Menu of Services’ to Settlement...