Whether you are relatively new to real estate or an experienced veteran, I’m sure we can all agree that our industry is in the midst of a lot of change. For many of us, the changes that are following the NAR lawsuit are fundamentally changing the mechanics of the business. That’s why it may seem… The post Unprecedented Times Call for Tried and True Approach appeared first on...
August 2024
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained flat for the last 10 weeks, continuing the trend this week with little movement and remaining at its lowest level in over a year. This week’s Primary Mortgage Market Survey® (PMMS®) from government-sponsored enterprise (GSE)… The post Mortgage Rates Remain at Lowest Level in Over a...
All eyes are locked on the upcoming November court date that will decide whether the proposed actions from the National Association of REALTORS®’ (NAR) settlement receive final approval. As changes begin to take effect this month, however, the frenzy of what-ifs continues to run rampant, and Clever Real Estate is the latest organization to throw… The post NAR Settlement-Driven Changes Are...
Editor’s note: Robert Reffkin will be one of 120+ speakers at RISMedia’s 36th Annual CEO & Leadership Exchange, September 4-6, in Washington, D.C. Learn more and register to attend at https://events.rismedia.com/ceo-exchange-2024. Having grown up as the son of a real estate agent, I know firsthand that this business is built on change. As the first… The post Op-Ed: We Must Remain a Unified Force...
Brown Harris Stevens has announced that Lisa Simonsen and The Simonsen Team have joined the firm’s flagship office on Park Avenue in Manhattan. With a history of luxury transactions across notable NYC properties, Simonsen has transacted more than $2 billion dollars over the course of her 20-year career, the company stated. “Lisa Simonsen is recognized… The post NYC Broker Lisa Simonsen Joins Brown...
Having a rock-solid referral system is every agent’s dream and–when done well–can be the cornerstone of your success. Whether you’re a seasoned real estate agent or just starting out in this industry, developing a reliable referral system can significantly boost your client base and sales. With the right techniques, you’ll foster strong relationships that turn… The post From Contacts to...
The way that real estate business is conducted is changing, and the industry must accept and adapt, adhering to fiduciary duties and ensuring transparency with clients. In the latest RISMedia webinar—”Countdown to August 17–Compensation and Commission Strategies Post-NAR Mandate”—thousands tuned in to hear real estate experts discuss how they’re handling new commission guidelines, risk...
In a program designed to honor real estate agents who are new to the business yet already achieving extraordinary results, RISMedia’s third-annual Real Estate Rookie of the Year awards, sponsored by Colibri Real Estate, today revealed the Top 25 regional finalists for 2024. Five regional winners will be chosen from among the Top 25, and… The post RISMedia Reveals the Top 25 Rookie of the Year Finalists...
CubiCasa, a software firm specializing in floor planning technology, has announced a new partnership with brokerage franchise NextHome. Together, NextHome and CubiCasa will aim to attach a floor plan to all NextHome listings. “We are thrilled to partner with CubiCasa. In today’s real estate market, agents need to demonstrate their value more than ever,” said… The post CubiCasa and NextHome Partner...
Increased mortgage application activity reached a new record this week, increasing 16.8% from one week earlier, when it hit its highest volume since January with a 6.9% increase, according to the latest Weekly Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 9, 2024. The Refinance Index increased 35% from the… The post Mortgage Applications, Refinance...