A home inspection is a critical checkpoint when buying or selling a house. It sheds light on the property’s condition that might not be visible to the naked eye. For buyers, it’s a safeguard against unforeseen expenses. It represents an opportunity for first-time sellers to rectify problems and enhance the home’s appeal. Preparing for the… The post How Buyers and Sellers Can Successfully Navigate...
2024
Real estate may be local, but experts are looking at housing reform success stories within regional hot spots to address the affordability crisis that’s overtaken much of the country. Magda Maaoui, a postdoctoral fellow, recently highlighted one such case study for The Joint Center for Housing Studies of Harvard University: the Cambridge, Mass.,100 Percent Affordable… The post Could Cambridge’s...
Realty ONE Group International has announced leadership promotions as it continues to accelerate its growth to 1,000 plus locations and 30,000 plus real estate professionals across the planet. Cory Vasquez will continue as chief marketing officer while also being promoted to co-president, serving alongside current President Vinnie Tracey as he prepares to retire in six… The post The Realty ONE Group...
David Hartigan REALTOR® The Jason Mitchell Group Boca Raton, Florida https://thejasonmitchellgroup.com Region served: Central Orlando Years in real estate: 3 Number of offices: 1 Number of agents: 15 Favorite part of your job: I love working with buyers and sellers and making their dreams come true. What factors have played a key role in your… The post Crafting Your Real Estate Growth Blueprint appeared...
No matter how the whole commission landscape shakes out going forward after all the legal issues are settled, there is no question that the buyer agent/client relationship has been changed forever. Whether that’s a good thing won’t be determined for a long time. But truth be told, as usual, the strong will survive. As mob… The post Op-Ed: ‘Remember When…’ May Be a Reality, but Not a Negative...
The housing market in 2023 was brutal. Mortgage approvals and home sales hit a 30-year low as mortgage rates soared and housing inventory dwindled. But according to new data from ICE Mortgage Technology, a record number of first-time homebuyers took out conventional loans last year despite the slowdown. In all, just 4.3 million mortgages were… The post ICE: First-time Homebuyers Made Up 55% of Agency...
Above, Art Carter The biggest change coming out of the National Association of REALTORS®’ (NAR) settlement might be most felt by agents, but practically, it is all about the MLS. Starting in July, offers of compensation can no longer be communicated in any way on MLS platforms. That change may or may not have the… The post CRMLS CEO Talks New Rules, NAR Settlement and Supporting Buyer Agents appeared...
Above, Budge Huskey Nearly two weeks ago, the National Association of REALTORS® announced it had entered into a settlement agreement with the class action plaintiffs in what is known as the Burnett vs NAR case, pending final approval by the court. The basis of the suit is rooted in the most common way in which… The post Op-Ed: Debunking the Myths of the NAR Settlement appeared first on...
In the wake of the National Association of REALTORS®’ (NAR) March 15 agreement to settle its legal fight against a flood of lawsuits that have roiled the industry over the last five years, paying $418 million in damages and agreeing to eliminate its guidance around commissions, real estate professionals across the board are sharing their… The post Real Estate Reacts! (Part 2) NAR Settlement Views From...
HomeServices, as the last remaining defendant still fighting the two oldest and most advanced commission lawsuits, will likely have an outsized say in the timing of a potential trial—and appears to have settled on a date. According to a filing in federal court on Monday, March 25, the company is aiming for a trial starting… The post HomeServices Targets New Trial Date; Keller Williams Charts Path...