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Sitzer judge indicates his support for proposed NAR settlement

USA Real Estate News-Inman - Tue, 2024-05-14 18:24
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent "substantial benefits" for sellers.

Finaya acquires Nexme in bid to create a homebuyer ‘super app’

USA Real Estate News-Inman - Tue, 2024-05-14 14:20
The mobile solution merges home shopping with mortgage, insurance, title search and escrow management to offer a comprehensive home transaction experience, among other features.

Bright MLS Releases Latest Mid-Atlantic Housing Update

USA Real Estate News-RISMedia - Tue, 2024-05-14 14:08

Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets.  The report suggests that despite new listings, rising mortgage rates and prices continue to exclude potential buyers–affordability is defined as the central concern for the real estate market. “More…

The post Bright MLS Releases Latest Mid-Atlantic Housing Update appeared first on RISMedia.

What Does It Mean to Be Named RISMedia’s Real Estate Rookie of the Year?

USA Real Estate News-RISMedia - Tue, 2024-05-14 14:06

RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, honoring the industry’s top agents who are new to the business, yet achieving extraordinary results.  Now is the time to nominate a 2024 Real Estate Rookie of the Year!  Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5.…

The post What Does It Mean to Be Named RISMedia’s Real Estate Rookie of the Year? appeared first on RISMedia.

Real Estate Farming 101: Getting Started, Why It Matters and How to Succeed

USA Real Estate News-RISMedia - Tue, 2024-05-14 13:23

When you hear “farming,” you probably picture livestock, tractors and a big red barn. However, real estate farming refers to a tailored marketing strategy that agents utilize to get the best listing leads. If this term is new to you, let’s delve into what it is, why it’s beneficial and how to execute the strategy…

The post Real Estate Farming 101: Getting Started, Why It Matters and How to Succeed appeared first on RISMedia.

Judge Addressed Alleged Conflicts of Interest at Settlement Hearing, Transcript Shows

USA Real Estate News-RISMedia - Tue, 2024-05-14 12:57

A 40-page court ruling by Judge Stephen R. Bough, and a transcript of the settlement proceedings released by the court regarding big brokerages in class-action commission lawsuits, revealed new details regarding settlement approval and reasoning for Judge Bough’s rejection of arguments from objectors at the May 9 hearing. Most notably, Bough addressed alleged conflicts of…

The post Judge Addressed Alleged Conflicts of Interest at Settlement Hearing, Transcript Shows appeared first on RISMedia.

Hands-On and Fearless in the Face of Industry Change

USA Real Estate News-RISMedia - Tue, 2024-05-14 12:49

Above: RISMedia Founder & CEO John Featherston and John L. Scott Chairman & CEO Lennox Scott co-moderate the standing-room only RISMedia Power Broker Forum at the NAR Legislative Meetings on May 7, 2024. During RISMedia’s midyear Power Broker Forum on May 7, the standing-room-only served as testament to the concern surrounding the settlement-triggered changes on…

The post Hands-On and Fearless in the Face of Industry Change appeared first on RISMedia.

Agents say their brokerage has their back amid commission chaos

USA Real Estate News-Inman - Tue, 2024-05-14 12:06
The NAR settlement shook the industry, but agents overwhelmingly told the Inman Intel Index they believe their brokerage has been an effective ally. It's a big win for brokerage training efforts.

Guaranteed Rate Expands Community Engagement Initiative

USA Real Estate News-RISMedia - Tue, 2024-05-14 12:05

Guaranteed Rate has announced the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume in underserved communities nationwide. May 2024 marks the formal launch of phase two of this initiative, as the company has recorded rapid progress in its community work with diverse segments. The initiative’s first phase focused…

The post Guaranteed Rate Expands Community Engagement Initiative appeared first on RISMedia.

Empowering Veteran Homebuyers

USA Real Estate News-RISMedia - Tue, 2024-05-14 11:33

Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This law established programs that continue to serve veterans as they readjust to civilian life and reward them for their service to this country. Eight decades later, one of those programs continues to provide veterans with…

The post Empowering Veteran Homebuyers appeared first on RISMedia.

NAR seeks innovative real estate startups for 6th annual Pitch Battle

USA Real Estate News-Inman - Tue, 2024-05-14 10:54
NAR announced the annual competition on Monday with an appeal for applications from startups seeking an opportunity to pitch themselves to investors, real estate pros and tech enthusiasts.
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