Housing Wire

APRIL 26, 2024

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The New York Times first reported the story. The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages

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Real Estate News

APRIL 26, 2024

The last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.

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Housing Wire

APRIL 26, 2024

In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 percentage-point decrease from February 2023. The rate remained unchanged from January 2024, according to the latest CoreLogic Loan Performance Insights report. The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health.

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Real Estate News

APRIL 26, 2024

A T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.

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Industrial Agents 144

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Agents

Housing Wire

APRIL 26, 2024

Homebuyer affordability declined in March as mortgage rates and home prices remained elevated. The national median monthly payment for purchase mortgage applicants rose to $2,201 in March, up from $2,184 in February. That’s according to the Mortgage Bankers Association ‘s (MBA) purchase applications payment index, which measures how new monthly mortgage payments vary across time relative to income.

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Inman

APRIL 26, 2024

HomeServices was potentially on the hook for the remaining $4.7 billion in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3 billion.

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Inman

APRIL 26, 2024

Change is coming, so it's time to make sure you're leaning into the potential of a listings-based business, Jimmy Burgess writes. Nothing helps do that better than geographic farming.

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Agents Marketing 96

Coldwell Banker

APRIL 26, 2024

Stevie winners will be presented their awards on June 11 in New York The post Coldwell Banker Global Luxury Honored as Bronze Stevie Award Winner in 2024 American Business Awards appeared first on Coldwell Banker Blue Matter.

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Industrial 61

Inman

APRIL 26, 2024

Patience, collaboration and clear communication, Lindsey Harn writes, can help you help your divorcing clients navigate the rocky shoals of dividing their real estate holdings.

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Agents 92

Coldwell Banker

APRIL 26, 2024

Sharon McLennon, real estate broker/owner of Coldwell Banker Splendor Realty explores the critical roles of awareness, education and inclusivity in tackling fair housing challenges within the industry The post How Implicit Bias Impedes Fair Housing Progress appeared first on Coldwell Banker Blue Matter.

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Industrial 61

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Loans

Inman

APRIL 26, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

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RIS Media

APRIL 26, 2024

Hopes for lower mortgage rates soon were tempered Apr. 26 as inflation showed little signs of easing in March, with a key report the Federal Reserve eyes closely showing that price pressures remain elevated. The PCE Index, the Federal Reserve’s preferred measure of inflation, rose 2.8% from a year ago in March, the same as… The post With New Inflation Data Glum, Lower Mortgage Rates May Have to Wait appeared first on RISMedia.

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Mortgages Closing Industrial Marketing 59

Inman

APRIL 26, 2024

Matterport's sale to CoStar will ignite interest in the value of digital twins and tour marketing, and the options for creating them are many.

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Sales Marketing Technology Agents 92

RIS Media

APRIL 26, 2024

Lawyers for Keller Williams fired back at former CEO John Davis in a court filing this week, claiming he is using the judicial system as a vehicle for publicity—the latest volley in an acrimonious legal saga that has included a withdrawn sexual assault claim, accusations of wild self-dealing and high-level leadership shake-ups at the mega-franchisor.… The post Keller Williams Blasts Lawsuit by Former CEO as ‘Public Relations’ Stunt appeared first on RISMedia.

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Sales

Marco Santarelli

APRIL 26, 2024

Good news for homebuyers! Zillow released a report predicting price increases in many US housing markets. Their analysis is based on tons of data, so you can trust it gives a good picture of where the market is headed. In this article, we'll take a look at some of the markets expected to see the biggest jumps in home prices over the next year. The national housing market is expected to see a 1.4% increase in home prices by March 31, 2025.

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RIS Media

APRIL 26, 2024

Above, Vickey Barron The industry has undergone a seismic shift in the wake of the Burnett verdict, prompting a greater emphasis on transparency and consumer confidence. As we prepare for the changes that could inevitably be coming down the pike, some people have taken a more proactive approach. Amid this industry-wide transformation, the Real Estate… The post Women in Real Estate: Navigating Real Estate’s Sea Change appeared first on RISMedia.

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Industrial Development Agents 59

Brownstoner

APRIL 26, 2024

Our picks for open houses to check out this weekend are found in Park Slope, Bed Stuy, and Crown Heights. They range in price from $1.35 million to $5.485 million. 605 2nd Street Price: $5.485 million Area: Park Slope Broker: Compass (Zina Raslan, Carl Gambino) Sunday April 28, 1-2 p.m. See it here -> 259 11th… Read More > The post A Bed Stuy Brownstone and More to See, Starting at $1.35 Million appeared first on Brownstoner.

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Marketing 59

Seattle Times Real Estate

APRIL 26, 2024

The eight-station East Link Starter Line opens 11 a.m. Saturday, running between the South Bellevue Station park-and-ride and Microsoft's headquarters campus.

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Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Brownstoner

APRIL 26, 2024

In the News Mayor Walks Back Budget Cuts Many Saw as Unnecessary [NYT] $418 Million Real Estate Commissions Settlement Approved [NYT] Erasure’s Vince Clarke Sells Jenna Lyons’ Former Park Slope Home [NYP] The Team Behind Place Des Fêtes, Oxalis Opens Bakery [BK Mag] The 77, Where PLG Drips With Local Talent [BK Reader] Brooklyn Half Marathon… Read More > The post Daily Links: Mayor Reverses Some Budget Cuts But Leaves Libraries Lacking appeared first on Brownstoner.

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RIS Media

APRIL 26, 2024

Anywhere Real Estate Inc. was named on the America’s Best Employers for Diversity 2024 list, presented by Forbes and Statista Inc. This is the fifth time Anywhere was recognized as a diversity leader by Forbes, reinforcing the company’s long-term commitment to inclusion in real estate. Anywhere ranks among the publication’s top 50 companies, jumping more… The post Anywhere Named for 5th Time as One of the Best Employers for Diversity appeared first on RISMedia.

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As-is Industrial Agents 55

Brownstoner

APRIL 26, 2024

The majority of the city’s housing development over the past 13 years has been in north and northwest Brooklyn, visualizations released by the city Thursday show. And while development citywide has been substantial during that timeframe, with more than 297,500 new housing units constructed, the data also reflect slowdowns during… Read More > The post Brooklyn Sees Most Housing Development in NYC in Past 13 Years, Data Shows appeared first on Brownstoner.

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RIS Media

APRIL 26, 2024

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. –Rates continue to push above 7%, according to the latest data from Freddie Mac, as new inflation data and slower than expected economic growth have tempered hopes that the Federal Reserve will significantly slash rates… The post MORTGAGE MIX: Top Loan Officers Indicted for Fraud; Fed Highlights Financial Concerns appeared first on RISM

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Loan Officer Loans Mortgages Industrial 55

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Brownstoner

APRIL 26, 2024

The spring break crowds descended on Brooklyn Botanic Garden this week to revel in views of cherry blossoms, tulips, and other signs of spring. A visit to the botanical wonderland this week revealed a garden packed with visitors enjoying a sunny day of posing and snapping photos of the blooms.… Read More > The post Peak Cherry Bloom Brings Visitors, Splashes of Color to Brooklyn Botanic Garden appeared first on Brownstoner.

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RIS Media

APRIL 26, 2024

United® Real Estate has announced the official rollout of its Financial Wellness Program. The curated bundle of services bridges longstanding gaps for independent contractors. In addition to an ever-growing suite of marketing tools, lead generation tools, and unique commission structures that maximize an affiliate’s income, United’s agents and owners will now have access to a… The post United Real Estate Unveils Financial Wellness Services Nationally appeared first on RISMedia.

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Maximum Exposure Real Estate

APRIL 26, 2024

Selling a condominium (condo) with a special assessment can be challenging. When you sell a condo, you don’t want to be hindered by costs that make your property look unattractive. Special assessments are additional charges a condo association imposes to cover unexpected or insufficiently funded expenses. It is one of the things that can make […] The post How Do You Sell a Condominium With a Special Assessment?

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Marketing 52

RIS Media

APRIL 26, 2024

HomeServices of America, the last (and largest) of the original four brokerages targeted by class-action, commission-focused lawsuits, today announced it has settled claims that the company conspired on rules to inflate real estate compensation, joining more than a half-dozen other large brokerages—as well as the National Association of REALTORS® (NAR)—in choosing to pay and change… The post BREAKING: HomeServices of America Pays $250 Million to Settle Commission Lawsuits appeared first on

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Agents

Marco Santarelli

APRIL 26, 2024

Investing can often seem like a complex and daunting task, especially when looking for opportunities that offer both high returns and security. Norada Capital has emerged as a promising option for investors seeking to diversify their portfolios with promissory notes. These financial instruments represent a written promise to pay a specified sum of money at a future date or upon demand, with interest at a fixed rate.

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Eye on Housing

APRIL 26, 2024

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.5% in March, up from a 0.3% increase in the prior month. Gains in personal income are largely driven by increases in wages and salaries. As spending outpaced personal income growth, the March personal savings rate dipped to.

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BubbleInfo

APRIL 26, 2024

In February, their annual appreciation guesses were in the 3% to 4% range. In March, they got excited and bumped all local areas up to 4.9% to 6.3%! They are back to the 2.2%-3.9% range, with Carmel Valley clocking in with a solid 4.3% over the next 12 months. It probably means that pricing will […] The post Zillow Appreciation Guesses first appeared on bubbleinfo.com.

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Louisville Homes

APRIL 26, 2024

As you settle into your new home, now is the perfect time to consider how you can enhance its energy efficiency. Managing energy consumption not only helps reduce your monthly bills but also has a positive impact on the environment. Fortunately, making your home energy efficient doesn’t have to be complicated or expensive. Here are […] The post 7 Smart Energy-Saving Tips for New Homeowners appeared first on Real Estate Expert Tre Pryor.

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As-is 52

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales