Bright MLS has announced a collaboration with TrustFunds to integrate electronic earnest money services into the Bright MLS platform. As the real estate landscape continues to evolve, the demand for streamlined, secure and convenient transaction processes have never been more apparent, and this collaboration aims to enhance the transaction experience for real estate agents, brokers… The post Bright MLS...
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. With time ticking away on several major deadlines—most significantly, the August 17 implementation of mandatory buyer agreements and removal of compensation from the MLS—brokerages and real estate business leaders continue to face tough… The...
RE/MAX has published its latest monthly report tracking updates to the national housing market (based on survey results of 50 metro areas). The report goes up to April 2024, which a press release noted is often the beginning of a summer pick-up for home sales. RE/MAX’s findings indicate this April won’t be any different. RE/MAX… The post RE/MAX Publishes April 2024 Housing Report appeared first on...
Above, Morgan Carey Celebrating 20 years of excellence, Real Estate Webmasters has spent the past two decades serving the real estate industry, adapting to changes and staying true to their commitment to delivering exceptional service. Having become a force in the real estate industry over the last 20 years, Real Estate Webmasters has consistently raised… The post Shaping the Future of Real Estate...
Keller Williams announced today it is backing down on planned changes to profit sharing that sparked numerous lawsuits by former agents, allowing people who “vested” in the company’s revenue share program to continue receiving their full payments even if they affiliate with a competing brokerage. In a statement, Keller Williams President and CEO Mark Willis… The post Keller Williams Walks Back...
Stellar MLS is hosting “Elevate”—an innovative real estate event for industry professionals featuring top-tier vendors, informational sessions and networking opportunities—May 23 in New Smyrna Beach. Hundreds of agents, brokers and other industry professionals from Volusia, Flagler, Orange and Osceola counties, and other areas, are expected to attend Elevate, which will be held from 9 a.m.… The...
The Conference Board Leading Economic Index (LEI) for the U.S. decreased 0.6% in April to 101.8, after decreasing 0.3% in March. Over the six-month period between October 2023 and April 2024, the LEI contracted 1.9%—a smaller decrease than its 3.5% decline over the previous six months. “Another decline in the U.S. LEI confirms that softer… The post Economic Index Declines Again in April, Pointing to...
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest data from ATTOM. ATTOM’s Foreclosure Market Report for April 2024 found that foreclosure filings were down 4% from a month ago, and down 4% from a year ago. On the other hand, the report found… The post Foreclosure Starts Decline Slightly in April,...
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics showed an increase of 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March. Bright MLS Chief Economist Dr.… The post Mortgage Mix: Rates Finally Come...
United® Real Estate has announced its promotion of Leigh Ann Bogran to the position of vice president of operations. Bogran joined the team two years ago as director, strategic project management. In her previous role, she spearheaded operational and enterprise-level programs and services for United’s agents and brokerages. Bogran has 15 years of experience in… The post United Real Estate Announces...