Trending Articles

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Northwest MLS criticizes $418M NAR settlement agreement, opts out

Housing Wire

Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. In fact, NWMLS said that its own rules on buyer agent compensation are fairer and more transparent than the terms NAR agreed to in March. It also criticized NAR for pushing “consumers and brokers to make secret deals off MLS, inviting deceptive practices, discrimination and unfair housi

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'Unfiltered' podcast: NAR is sending the wrong message

Real Estate News

Watch the conversation with marketing pro Brian Boero as he imagines how NAR and the industry could — and should — be communicating with agents and consumers.

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The Biggest Mistakes Buyers Are Making Today

Keeping Current Matters

Buyers face challenges in any market – and today’s is no different.

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Bright MLS will allow sellers to offer concessions upon listing

Inman

In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.

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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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Alaska Airlines buys former Boeing building in Renton’s Longacres

Seattle Times Real Estate

Alaska plans to spend $100 million renovating the property so pilots, flight attendants and other employees can train together.

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Coldwell Banker Realty welcomes new Boston team

Housing Wire

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. Led by Mike DelRose Sr., Mike DelRose Jr. and Bobby McShane, The DelRose McShane Team boasts eight agents. They formerly operated the RE/MAX Revolution franchise in Watertown, Massachusetts, one of New England’s first RE/MAX franchises.

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More Trending

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How VA Loans Can Help You Buy a Home

Keeping Current Matters

For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.

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NWMLS opts out of NAR deal in bid to continue commission offers

Inman

Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says "the fox is guarding the chicken house.

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Generating New Revenue: Strategies for Growing Your Business

RIS Media

While finding buyers and sellers who are ready to get off the sideline is the ultimate goal for real estate professionals who are looking to keep their pipeline full, there’s no shortage of strategies that can be employed to generate new revenue and grow your business as the busy summer selling season heats up. Become… The post Generating New Revenue: Strategies for Growing Your Business appeared first on RISMedia.

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2024 inventory growth challenges mortgage rate lockdown

Housing Wire

The mortgage rate lockdown premise holds that very few people will list their homes when mortgage rates are this high, thus suppressing inventory. But 2024 has proven that theory wrong. 2024 has had healthy inventory growth despite mortgage rates above 7%. Also, for the third time this year, I have hit my target of weekly inventory growth between 11,000 -17,000, thus leading to more inventory than we saw in 2023.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Northwest MLS will not join NAR settlement

Real Estate News

The organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.

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How an Agent Helps Market Your House

Keeping Current Matters

You’re ready to sell your house. But what do you need most from your real estate agent?

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Nation’s largest MLS now allows listings to show seller concessions

Inman

The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.

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Bright MLS Unveils System Changes for the Post-NAR Settlement Industry

RIS Media

Beyond the policy changes required by the NAR settlement, Bright MLS has announced a set of system changes to ease subscriber use to help them navigate through the upcoming new normal. Similar to CRMLS’ newly announced system field changes referring to Concessions in Price, Bright has announced that they will be including seller concessions in… The post Bright MLS Unveils System Changes for the Post-NAR Settlement Industry appeared first on RISMedia.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Homepie CEO Brad Rice on making FSBO easier

Housing Wire

Editor in Chief Sarah Wheeler talks with Brad Rice, founder and CEO of Amerifund Home Loans and Homepie , about how his company is streamlining the process of selling for homeowners who want to sell their home themselves. Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform?

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Homes.com president out

Real Estate News

David Mele, the longtime leader of CoStar’s home search site, confirmed to Real Estate News that he has left his position as president of Homes.com.

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How Do Climate Risks Affect Your Next Home?

Keeping Current Matters

Climate change is impacting where people buy homes.

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3 pillars of creating a sustainable and rewarding real estate business

Inman

You apply discipline to starting and growing your business, but how do you apply that same discipline to making it sustainable? Broker Pam Blair offers guidance for making your real estate business more meaningful and satisfying.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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How the Tax Value of Property is Calculated

HomeLight

Whether you’re a homeowner or a potential homebuyer, the process of calculating the tax value of a property may seem obscure. Real estate taxes can feel additionally confusing when you see your home’s assessed value on a tax bill, and it doesn’t match your home’s current market value. However, in most states, this process is based on a common equation.

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Biggest home price gains are in the Northeast

Housing Wire

Home prices in the United States continued their upward trajectory in March, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index recording a 6.5% annual gain, matching February’s growth, according to the latest report. Meanwhile, the U.S. National Index posted a month-over-month increase of 0.3%, while the 20-City and the 10-City Composite both reported month-over-month increases of 0.3% and 0.5%, after seasonal adjustment.

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Movoto wants to win on tech, experiences — not ad spend

Real Estate News

CEO John Berkowitz says the home search company offers agents and consumers “a better chance of succeeding” than its deep-pocketed competitors.

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CRMLS Launches New ‘Concessions in Price’ Fields at Listing Level

RIS Media

California Regional MLS (CRMLS), the country’s largest MLS—home to over 110,000 members—is launching a new set of MLS system fields referring to Concessions in Price (CiP) today. The fields promise to enhance communication between listing and buyer agents, as well as homebuyers, by providing “up-front” information surrounding concessions, according to a release from CRMLS.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Is NAR a positive force? 7 out of 10 real estate agents want to know

Inman

These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.

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How to Prepare Your Rental Property for Tenants

Bigger Pockets

Rehabbing a home isn’t the same as preparing a home for rental, though. Not all homes require rehabbing, but all rental properties must be prepared for prospective renters.

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VA extends foreclosure moratorium through 2024

Housing Wire

The U.S. Department of Veteran Affairs (VA) announced on Wednesday that it has called on mortgage servicers to extend the moratorium on foreclosures for VA-guaranteed loans through Dec. 31, 2024, while these companies implement a new program to help struggling veterans. The current moratorium, announced in November, was set to end on Friday. It was implemented amid complaints of veterans’ struggles because there was no program available to succeed a partial claim option offered during th

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Glenn Sanford and eXp dismissed from misconduct case

Real Estate News

Recruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Case-Shiller: Home Prices Way Up in March Due to Scarcity

RIS Media

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an increase of 8.2%, up from an 8.1% increase in the previous month. The 20-City Composite posted a slight year-over-year increase… The post Case-Shiller: Home Prices Way Up in March Due to Scarcity appeared first on RISMedia.

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House made famous by ‘Home Alone’ hits market for $5.25M

Inman

The red brick Georgian mansion, known by children all over the world as Kevin McCallister's home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater.

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NWMLS Becomes the First MLS to Say “No, Thanks” to NAR Settlement Terms

BAM Media

BAM Key Details: Northwest MLS (NWMLS) will not opt-in to the NAR settlement for two reasons, which they broke down in a recent statement on their website. Yesterday, California Regional MLS (CRMLS) launched a new set of MLS fields, Concessions in Price (CiP), to provide up-front communication on concessions to improve communication between listing agents, buyers agents, and home buyers.

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U.S. mortgage delinquency rates remain near historic lows: CoreLogic

Housing Wire

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% for the third month in a row, up slightly from March 2023, 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. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% of all mortgages in February, up from 1.1% in March 2023.

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.