Trust is the cornerstone of the agent-client relationship, but for some, it has been harder to come by these days due to the endless litigation the industry has been embroiled in. For Peter Gustis, a Pennsylvania-based REALTOR® at Springer Realty Group, conversations about lawsuits and settlements have been unavoidable as he expresses concern about the… The post NAR Settlement Objectors Discuss...
16 August 2024
Do you have an artificial intelligence strategy for your brokerage? As AI rapidly becomes more embedded into your agents’ smartphones, marketing tools, front office and back-office support systems, having an AI strategy for your brokerage is no longer optional. Here are three things you need to know to stay ahead. Don’t sit on the fence:… The post Brokers: What’s Your AI Strategy? 3 Things You...
With all the recent media attention, by now most everyone is aware of major changes afoot in real estate this month. Commentary has run the gamut from the demise of the industry to real estate services in the future will now be essentially pro bono. Pardon if my words convey a dash of sarcasm yet,… The post Op-Ed: ‘Our Brexit Moment?’—New Rules Complicate, Reduce Choice, but We’re Ready as Always...
The construction of new U.S. homes fell to a 16-month low in July, according to the Census Bureau and the Department of Housing and Urban Development (HUD) on Aug. 16. Factors likely influencing the result are Hurricane Beryl, an oversupply of new houses and high mortgage rates and home prices. The fifth consecutive monthly decrease… The post Housing Starts Drop 14% in July; Hurricane, High Rates and...
The National Association of REALTORS® has issued a final reminder to members, real estate professionals and consumers that on Saturday, August 17, 2024, the practice changes following NAR’s settlement agreement that would resolve claims brought on behalf of homesellers related to broker commissions, will be implemented nationwide. According to a release, REALTOR® MLSs (those owned… The post National...
Homebuilder confidence slipped in August as the housing market grapples with affordability headwinds and buyer skittishness amid high interest rates and home prices, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released Thursday. The index, which measures builder sentiment, dipped two points to 39 in August from a… The post Builder Confidence...
Closing a deal for your client feels like crossing the finish line, but there’s always the potential for the contract to fall through somewhere along the way. Bright MLS, the second-largest multiple listing service covering the Mid-Atlantic region, wanted to know how concerned REALTORS® should be about this—a question that drove its recent report, “Getting… The post Are We Seeing More Contracts...
The future of real estate is still unwritten. Still, Nykia Wright, the National Association of REALTORS® (NAR) interim CEO, is encouraging members to at least help co-author it as the industry continues to face its share of challenges ahead. “I understand that people are frustrated with things, but bring that frustration in-house so that we… The post Nykia Wright Talks Industry Challenges and...
Not many real estate executives can offer a more comprehensive and expert overview of the compliance implementation starting today, Aug. 17, as Sue Yannaccone, president and CEO of Anywhere Brands and Anywhere Advisors. She is responsible for overseeing both company-owned brokerages and franchise operations across Anywhere’s six brands, including Better Homes and Gardens® Real Estate,… The post...