In “Welcoming the Real Estate New Year,” we emphasized the significance of strategic planning as we embrace October as the start of our real estate New Year. Coupled with the insights from “The True Meaning of Hard Work in Today’s World,” we uncover how effective planning and relentless dedication can propel us toward our 2025… The post Thoughts on Leadership: Harnessing the Power of Planning...
Despite slowing growth in home prices throughout the year, luxury markets continue to thrive. In fact, almost 70% of luxury markets saw price increases from 2023, according to a new report from Property Shark. Property Shark’s new report looked at residential transactions and the home sale prices from Jan. 1 to Sept. 30, 2024 to… The post Luxury Zip Codes Continue to Thrive in 2024 appeared first on...
Deadlines in some of the biggest cases affecting real estate are fast approaching, with final settlement hearings for half a dozen big brokerages scheduled for Halloween, and the last date for the Department of Justice to intervene in the National Association of REALTORS®’ (NAR) deal only a few days before that. In the meantime, there… The post COURT REPORT: NAR Fulfills Supreme Court Promise; Buyer...
Benchmark Realty, a member of the United Real Estate family of companies, announced the company held its annual Benchmark EXPO on October 4, 2024, drawing more than 425 attendees from the Greater Nashville, Southern Kentucky and Middle Tennessee real estate communities. The company said this year’s EXPO marked a significant milestone with the introduction of… The post Benchmark Realty Announces Value...
In a move that’s sure to send shockwaves through the digital world, the Federal Trade Commission (FTC) has unveiled a new rule aimed at eradicating the scourge of fake reviews. This rule is crafted for consumers and honest businesses alike, who have long grappled with the deceptive practices tarnishing the reputation and credibility of online… The post Federal Trade Commission Final Rule Cracks Down on...
Above, from left, Cahty Antonucci and Michael Antonucci As a corporate executive, Pennsylvania-born Michael Antonucci began investing in real estate with the help of a REALTOR® friend. As his fortunes grew, so did his interest in the industry–and in 2016, he decided it was time to get a real estate license of his own. Cathy… The post Keeping Clients Close Is Key for Pennsylvania RE/MAX Team appeared...
Over the past few months, Tanya Monestier, a University at Buffalo law professor who also describes herself as a consumer advocate, has written some scathing commentaries and critiques of industry practices—specifically focused on new buyer agreements that have been crafted or updated to satisfy the National Association of REALTORS®’ (NAR) settlement mandate. Unlike many critics,… The post ‘Make...
Conditions are improving for buyers in the Mid-Atlantic, with mortgage rates down and housing inventory up, according to a recent report from Bright MLS. Bright MLS’s Housing Report for September found that there was a total of 19,945 new pending sales in the Mid-Atlantic in September, up 10.3% from last year and the eighth consecutive… The post Bright MLS Reports Mid-Atlantic Sees More Buyers as...
Above, from left, Shane McCullar, CEO and Operating Principal of KW Metro Center and Kate Papkin, general manager. Shane McCullar is on a mission. As CEO and operating principal of KW Metro Center in Northern Virginia for nearly two decades, McCullar has grown his brokerage from 35 agents in one office in 2007 to over… The post Carving Out New Paths to Growth appeared first on...
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median… The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on...