July 2024

California Regional MLS Walks Back Seller Concessions Field

In May 2024, the California Regional MLS (CRMLS) launched a new feature on its website called, “Concessions in Price.” This allowed listing agents to input and advertise the concessions, and contributions to the buyer’s cost burden, that their seller is willing to make. There were three value fields: a simple “yes or no” indicating if… The post California Regional MLS Walks Back Seller...

Motto Mortgage Premier Pros Now Open in North Dakota

Motto Mortgage has opened a new office in Fargo, North Dakota—Motto Mortgage Premier Pros is now open serving all markets throughout the Peace Garden State. Motto Mortgage Premier Pros was established by Jared Blankenship and Robert Leslie, who the company stated bring a wealth of knowledge to the new brokerage with more than three decades… The post Motto Mortgage Premier Pros Now Open in North Dakota...

CoStar Granted Expedited Discovery in Realtor.com’s Data-Theft Lawsuit

CoStar Group’s application to expedite discovery in the data-theft lawsuit filed against them by Move, Inc. (Realtor.com®’s parent company) has been granted by the court.  Judge George H. Wu granted the application after hearing oral arguments yesterday. Wu also granted CoStar’s request for a hearing in late September. “We are delighted that the Court rejected… The post CoStar Granted Expedited...

United Real Estate Continues North Texas Expansion with REAL Dallas Properties & Management Merger

United® Real Estate has announced a merger today between United Real Estate | Dallas and REAL Dallas Properties & Management, adding 70 agents to United’s Dallas operations and expanding its North Texas presence to more than 800 agents. The company says in this move, REAL Dallas Properties will transition from a brokerage commission-split model to… The post United Real Estate Continues North Texas...

Home Price Data Shows Market Coasting Toward Balance

Home prices continue to soar, as a dearth of inventory and a resilient economy help prop up demand for new homes in the face of affordability challenges, with the S&P CoreLogic Case-Shiller Index hitting another all-time high last month even as gains slow. Nationally, home prices rose 5.9% year-over-year and 0.3% from May, and have… The post Home Price Data Shows Market Coasting Toward Balance...

Upscale Manhattan Team Focus: Be a Trusted Advisor

Above, Marie Espinal, left and Jeff Adler Manhattan team leaders Marie Espinal and Jeff Adler, newly associated with Corcoran Group’s Park Avenue South office, bring with them 15 years of successful partnership, a lifetime sales volume of almost $3 billion, and a playbook of finely honed real estate strategies designed to forge long-term client relationships.… The post Upscale Manhattan Team Focus: Be...

Homes.com Puts Agents First

Above, Andy Florance At the new Homes.com, we always present the listing agent and only the listing agent on any home for sale on our site. Our philosophy is that the leads on an agent’s listings are theirs alone and not anyone else’s to pilfer and sell. This is not a new principle for us.… The post Homes.com Puts Agents First appeared first on...

The Impact of Market Conditions on Your Listing Contract Terms

Homesellers must understand how market conditions impact your listing contract terms. It can determine the success of your property sale and the financial outcome. I have put much effort into educating you on what you should know about listing agreements as they relate to the current market: The different types of listing agreements and how… The post The Impact of Market Conditions on Your Listing...

Curbio Announces Partnership with the National Association of REALTORS®

Curbio announced its partnership with the National Association of REALTORS® as the newest partner of NAR REALTOR Benefits®. Through this collaboration, NAR members gain access to Curbio’s turnkey home improvement service, which provides real estate agents a simple way to get listings ready for sale, with no payment from sellers until closing.  “We are thrilled… The post Curbio Announces...

NAHB Asks Congress to Reassess Costly Energy Codes and Rent Caps

The National Association of Home Builders (NAHB) called on Congress this past Wednesday, July 24, to address two key policies that will notably escalate costs for home buyers and renters: the federal push to mandate costly and restrictive national energy codes and the Biden administration’s recent proposal to cap rent increases at 5%. Testifying during… The post NAHB Asks Congress to Reassess Costly...

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