1 August 2024

A New Era of Opulence Redefines Luxury Living in Sin City

Property highlights: Location: Las Vegas Listing price: $22.9 million Features: 9,500-square-foot, three-story estate with six bedrooms and eight bathrooms. Added appeal: 10-car garage, media/game room with wet bar, gym, wine room, steam shower, cold plunge, resort-style pool and terrace with skyline views. Imagine the allure of Las Vegas pulling in the grandeur of Hollywood, as… The post A New Era of...

How to Stem Agent Loss and Build a Sustainable Firm

Today’s top producers expect (and deserve) more from their brokerage than ever before, and won’t hesitate to jump ship for the promise of better resources and stronger leadership. A panel of top brokerage executives will be discussing what they’re doing to help agents increase success and remain loyal in an upcoming session at RISMedia’s CEO… The post How to Stem Agent Loss and Build a...

Thoughts on Leadership: Going for Gold

Let us delve into the Olympics, an event that embodies the pinnacle of high performance and global aspirations. I have always admired the Olympics for its power to bring together the world’s elite, each demonstrating their relentless dedication and exceptional skills. As Jim Rohn wisely stated, “Don’t join an easy crowd; you won’t grow. Go… The post Thoughts on Leadership: Going for Gold appeared...

Tips For Selling a House Quickly in Slow Months

Selling a house during slow months can be challenging. However, with the right strategies, it’s entirely possible to close a deal quickly. I have put significant effort into providing the best advice to achieve home sale success at the least ideal time. You will find information in these crucial aspects: Practical tips and strategies for… The post Tips For Selling a House Quickly in Slow Months...

Compass Posts Another Strong Showing in Q2 2024

In the first quarter of 2024, Compass exceeded its expectations with market and agent count growth. During the company’s Q2 earnings call, held on Wed. July 31, 2024, the company again reported that it was outpacing general market trends and claimed it was sitting on a path to continued success. Highlights:  Compass remained free cash… The post Compass Posts Another Strong Showing in Q2 2024 appeared...

Mortgage Rates Dip to Lowest Level Since February

While there’s no direct correlation between interest rate cuts and mortgage rate dips, per se, both segments saw some positive news this week, with the Fed signaling Wednesday that there will likely be one more rate cut this year, and the 30-year fixed-rate mortgage (FRM) averaging its lowest point since February, according to the latest… The post Mortgage Rates Dip to Lowest Level Since February...

eXp Claims Harsh MLS Penalties, ‘Headaches’ From Settlement Will Drive Consolidation

eXp is seeking to position itself as a safe haven for agents worried about navigating the upcoming changes created by the National Association of REALTORS®’ (NAR) settlement, set to go into effect on Aug. 17, speculating that transitioning will be difficult for smaller companies and claiming that MLSs are mulling extremely harsh penalties for agents… The post eXp Claims Harsh MLS Penalties,...

Nominations Now Open for RISMedia’s 2025 Real Estate Newsmakers

RISMedia is proudly accepting nominations for the 2025 Class of Real Estate Newsmakers! This one-of-a-kind recognition program is designed to spotlight and celebrate individuals from across the U.S. who are making headlines in 2024 for their commitment and contributions to the real estate industry, as well as going the extra mile to positively impact their… The post Nominations Now Open for RISMedia’s...

NAR Releases New Consumer-Focused Settlement Resources

The National Association of REALTORS® has published new resources to help guide consumers on the impact of the March 15 settlement agreement and support both REALTORS® and consumers as they navigate the changes required by the agreement. “Prior to and throughout the Settlement litigation, NAR has remained committed to protecting consumer choice and transparency, and… The post NAR Releases New...

Homeowner Equity Surges With Midwest, South Leading

ATTOM Data Solutions has published its U.S. Home Equity & Underwater Report, tracking changes in nationwide home equity levels during Q2 2024. The latest report comes with good news: Almost half (49.2%) of mortgaged residential properties in the U.S. were considered equity rich during the second quarter. This is up from the 45.8% in Q1.… The post Homeowner Equity Surges With Midwest, South Leading...

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