RE/MAX has published its latest housing report, offering key market insights on both a national level and among key metro areas. Key details: Home sales increased 21.6% month over month, from February to March 2024. However, this is a noticeably smaller increase in sales than in March 2023 (37.7%) and March 2022 (33.2%). The…

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US realtor group's $418 million antitrust settlement wins tentative approval  Reuters

Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it's got a new divisional leadership structure to support its "rapidly expanding, nationwide footprint."

In the latest RISMedia webinar—“How to Diversify Strategies That Break Barriers and Expand Business in a Post-Burnett World”—high-level industry leaders discuss how the real estate industry can and must change after the class-action commission lawsuits. The webinar was moderated by Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty and former National Association of REALTORS®…

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Sarah Stewart only learned her Hamptons vacation home was fraudulently listed on the rental platform after someone called her to confirm that they should wire $25,000 outside of the Airbnb platform.

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. It’s 2024, and today’s buyers and sellers are a mobile-first demographic, always looking to their phones to research, explore and connect. Communicating with your clients effectively can make…

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In the ever-evolving landscape of real estate, success is not merely a matter of chance but a product of deliberate habits and strategies. Having assisted hundreds of real estate businesses with bookkeeping and taxes services this quarter alone, Brandon Green and his team at Alchemy of Money, a leading financial services firm catering exclusively to…

The post Unlocking Success: 5 Key Habits of Profitable Real Estate Agents in 2024 appeared first on RISMedia.

A federal judge today promptly issued preliminary approval to the landmark settlement agreement struck last month between the National Association of REALTORS® (NAR) and a class of recent homesellers, a major, if expected step toward finalizing a deal that will see NAR pay $418 million and make major changes to policies and practice. Judge Stephen…

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Adwerx's new product involves customers being able to showcase their brands, messages and services on alternative public digital displays, such as retail map kiosks, bus stop screens, office building information panels, digital billboards and anywhere else that a consumer looks for information.

The company's unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO's generous bid on the company is "inexcusable."

As mortgage rates rose back up to the 7% range last week and home prices remain elevated, market signs don’t necessarily point to significant improvement anytime soon. Despite the challenges, however, new-home sales continue to fight through—posting a strong rise in March. New-home sales rose 8.8% in March to a rate of 693,000, up 8.3%…

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Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison. According to Redfin's latest market study, 38 percent of 3,000 homeowners said they couldn't afford their home if they were to buy it today. As a result, homeowners are staying in place much longer — 59 percent said they've been in their home for at least 10 years and 21 percent have been in their home for at least five.

After two years of incredible industry response—and an expansion to honor not just a national winner but five regional winners and 20 runners-up—RISMedia’s third annual Real Estate Rookie of the Year contest opens for nominations on May 1. A program designed to honor real estate agents who are new to the business yet achieving extraordinary…

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Fed Report Warns of High Risks in the U.S. Real Estate Market  Norada Real Estate Investments

Compensation is being removed from the MLS, and buyer agents will be required to sign written agreements with clients. Those changes affect everyone, but not everyone is reacting, adapting or preparing for them in the same way. With how local real estate remains, the path forward will depend on who you are following. Merri Jo…

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Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were "fair, reasonable and adequate" and set a final approval hearing for November.

First-time buyers facing most expensive properties in 70 years as housing ladder 'broken', new report finds  My London

In a profession built on trust, integrity, and fairness, a new initiative is emerging to raise the bar for real estate professionals nationwide. The Jason Mitchell Group (JMG) has announced the launch of The Real Estate Agent Pledge—a transformative movement aimed at promoting transparency and fairness in every real estate transaction. The Real Estate Agent…

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Judge Approves $418 Million Settlement That Will Change Real Estate Commissions  The New York Times

Sales of newly built, single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3 percent year over year, according to the U.S. Census Bureau.