Real Estate News by RealEstateNews.com
WEBTech Bytes: News from Restb.ai, @properties, MetroList and Lundy. Expansion connects Restb.ai’s vision tools to nearly three-quarters of a million MLS members; productivity-focused Pipeline added to @properties “pl@tform.”. Real Estate News Staff. September 13, …
Brokerage Beat: News from eXp, RE/MAX, Real, Coldwell Banker
WEB19 hours ago · New York group joins Coldwell Banker. A broker and four agents have decided to join Coldwell Banker Warburg, which is based in New York City. Broker Stanley Ginsberg, who has more than 35 years experience in the Manhattan real estate industry, is joining the firm along with agents Petar Vojvodic, …
‘Unfiltered’: How real estate’s ‘powerful culture’ led to ‘price fixing’
WEB19 hours ago · And companies and brokers would compete on the basis of price as well as service." Instead, he argues, "a century of industry practice" has led to "a very powerful culture supporting the lack of price competition." Too many agents, unreadable forms: Brobeck also has thoughts about the low bar of entry for …
Home prices hit a new high even as sales fall - RealEstateNews.com
WEBJul 23, 2024 · Home prices keep climbing. The median sale price for existing homes hit another all-time high, NAR reported, reaching $426,900 in June. That's 4.1% higher than one year ago, when the median price was $410,100, and up from the previous record $419,300 median sale price in May. It also marks the …
Tech Bytes: Place buys Livian; Lone Wolf adds Buyer's Agent Club
WEB1 day ago · Lone Wolf adds benefits for buyer's agents. Lone Wolf Technologies has launched a new initiative to support buy-side agents navigating a shifting compensation landscape. Buyer's Agent Club benefits include tools, training and advice that covers everything from finding qualified leads, showing their value to …
Mortgage rates tumble; time for buyers to ‘get serious’
WEBJul 18, 2024 · The 15-year fixed-rate dropped to 6.05%. The rate drop has helped ease affordability challenges, but buyers appear to be waiting to see how far rates fall. The typical monthly mortgage payment is down $115 from its April peak. Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming.
Top 1000 Brokerages (Mega 1000) by Sales Volume
WEBHighlights. Compass moved into the top spot with $254.2 billion in sales volume, surpassing Realogy Brokerage Group's (rebranded as Anywhere in June 2022) $243.9 billion. HomeServices of America ranks No. 3 with $198.7 billion in sales volume. Collectively, the sales volume of the nation's five largest residential brokerages rose by more than ...
NAR clarifies new rules for MLSs, agents — and extends deadline
WEBMay 3, 2024 · The Aug. 17 deadline coincides with the earliest date class notices for the $418 million settlement will be sent out. Updates to MLS policies clarify rules around offers of compensation and emphasize that MLSs should not support workarounds that run afoul of the rules. NAR also updated its FAQ with more details about buyer agreements and when ...
Real estate’s AI era is just starting — here’s what you need to do
WEBApr 23, 2024 · Customer support, employee and agent onboarding, and sales and marketing automation are good places to start. SCOTTSDALE, Ariz. — Real estate is in its AI era. And the stakes are high. "We are on the precipice of one of the most significant changes in the history of business," artificial intelligence expert Allie K. Miller told attendees ...
Brokerage Beat: News from Real, The Agency, ERA, eXp, Coldwell …
WEBApr 6, 2024 · The Real Brokerage adds 13 offices from U.S. and Canada in March. The Real Brokerage Inc. added 13 high-performing offices during March. Three of the brokerages – F3 Home Team of Jacksonville/St. Augustine, Florida; River City Elite Properties of Richmond, Virginia; and the Nussbaum Team of New Jersey – all topped $100 million in sales in 2023. Real has more than 16,000 agents throughout ...
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