August 2024

NorCal Team Leader Scooped Up Early Success

Above, Trish McCall. Shown below, additional McCall team members. Photo credit: Ashley Gomez of Digital Twinners As a traveling sales rep some 25 years ago, Trish McCall was logging 1,000 miles a week when she listed her Northern California home for sale. “I had a fabulous agent,” McCall said. “She did a great job for… The post NorCal Team Leader Scooped Up Early Success appeared first on...

What Is Probate in Real Estate?

Probate in real estate refers to the legal process of transferring property after a homeowner’s death. This process involves validating the deceased’s will, settling debts and distributing assets to heirs. Understanding probate is crucial for buyers, sellers and inheritors of real estate. Understanding estate planning for the family should never be overlooked. My guide will… The post What Is Probate...

COURT REPORT: New, Novel Lawsuits Arise as Others Develop

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Homie Technologies sues NAR Homie Technologies—a Utah-based flat-fee firm—filed an antitrust lawsuit against the National Association of REALTORS® (NAR) in the U.S. District Court for the Central District of Utah on Aug. 22.… The post COURT...

Weichert Ranks Among Forbes List of America’s Top Employers

Weichert, Realtors has announced the company was recently named one of the nation’s best places to work, according to the Forbes list of “America’s Best Employers by State” for 2024. The real estate brokerage ranked No. 15 out of 90 New Jersey employers, a release noted.  “We are honored that Weichert, Realtors is once again… The post Weichert Ranks Among Forbes List of America’s Top...

New-Home Sales Pop, but Experts See Deeper Shifts

New-home sales, which have been up and down this year after experiencing historic surges post-pandemic, saw another major jump in July, according to the U.S. Census Bureau, rising a blistering 10.6% from the previous month and 5.6% from a year ago as buyers flocked to new builds against the backdrop of economic and interest rate… The post New-Home Sales Pop, but Experts See Deeper Shifts appeared first...

Nominate a Real Estate Newsmaker Before It’s Too Late

RISMedia is still accepting nominations for its next class of Real Estate Newsmakers—those individuals from across the U.S. who are making headlines for their commitment and contributions to the real estate industry in 2023, as well as going the extra mile to positively impact their peers, colleagues, clients and the communities they serve. The 2024… The post Nominate a Real Estate Newsmaker Before...

DOJ Sues Property Management Software Giant for Price-Fixing

The Department of Justice (DOJ) and eight state attorneys general on Aug. 23 charged real estate software company RealPage with helping conduct an illegal endeavor to drive up the price of rents in cities across the United States, using “algorithmic pricing software” to allow landlords to coordinate rather than compete to the detriment of renters.… The post DOJ Sues Property Management Software Giant...

Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September

The possibility of a September interest rate cut just became a much more imminent promise, according to a speech given by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, today. At the Central Bank’s annual Wyoming retreat, Powell reflected back on the fight against inflation since the pandemic, and gave a preview of the… The post Fed Chair Jerome Powell Points to Almost Certain Rate Cut...

HomeServices and Douglas Elliman Seek Dismissal of Commission Lawsuit

On Monday, August 19, HomeServices of America and Douglas Elliman—the two brokerage defendants in the ongoing Lutz v. HomeServices of America, Inc. suit—filed a joint complaint to have the homebuyer commission lawsuit dismissed.  Settlement agreements for commission lawsuits have been reached by the National Association of REALTORS® (NAR), with the association’s agreed-upon rule changes...

4 Reasons Real Estate Investors Are Great Leads for Agents

Real estate investors are prime leads for agents, offering repeat business through frequent transactions, whether flipping properties or expanding rental portfolios. Their practical, business-focused approach often results in smoother, faster deals, free of the emotional challenges typical buyers may face.  If you’re an agent looking to boost your efficiency and earnings, targeting real estate...

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