AgentsWhat is steering? 3 scenarios to considerAgents will be navigating new territory in August, and they'll need to avoid any hint of steering. CRMLS general counsel Ed Zorn offers some tips.Dave GallagherMay 28, 2024
By the NumbersHome prices continue to reach new highsThe latest Case-Shiller index reported another record high, with U.S. home prices increasing 6.5% year-over-year in March.AJ LaTraceMay 28, 2024
IndustryWill the next election be a vote of confidence for real estate?The most powerful market forces are outside presidential control, experts say, but the 2024 election could bring either “confidence or confusion.”Robert DavisMay 26, 2024
AgentsBuy Side: Why buyer agreements are good for agentsCassie Walker Johnson not only supports buyer contracts, she offers training on them: “This is the tool that will define your entire professional relationship.”Nicole BrodeurMay 25, 2024
AgentsSurvey: Buyers are putting their home search on holdIn a Bright MLS poll, most agents said they recently worked with a buyer who gave up on finding a home, but many still expect buyer activity to remain high.AJ LaTraceMay 25, 2024
MLS/AssnTampa Bay associations announce merger plansPending NAR approval, the newly formed organization will be a Florida powerhouse and the sixth-largest Realtor association in the nation.Cheryl Reid-SimonsMay 24, 2024
TechMovoto wants to win on tech, experiences — not ad spendCEO John Berkowitz says the home search company offers agents and consumers “a better chance of succeeding” than its deep-pocketed competitors.AJ LaTraceMay 24, 2024
IndustryHomes.com president outDavid 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.AJ LaTraceUpdated May 24, 2024
Industry'Unfiltered': The Wall Street perspective on real estateWatch the conversation with analyst John Campbell as he offers his take on top real estate companies. Who has momentum — and who’s come to a “screeching halt”?Real Estate News StaffMay 24, 2024
MLS/AssnWhy MLSs shouldn’t shy away from concessions fieldsAs multiple listing services work to comply with new rules, some worry about liability risks — but including concessions could be a competitive advantage.Dave GallagherMay 23, 2024
IndustryPeople on the Move: RE/MAX Results founder retires after 4-decade careerJohn Collopy steps down from the multibillion-dollar franchise; Suzanne Bushard named president. Plus, new leadership at Offerpad and Move Concierge.Real Estate News StaffMay 23, 2024
By the NumbersMortgage rates fall below 7% for the first time in 6 weeksBuyers may be able to take advantage of lower rates and increasing inventory, but many are still priced out, dampening sales.Dave GallagherMay 23, 2024
BrokeragesBrokerage Beat: News from Real, United, RE/MAX, The Agency, ERA, CompassReal Luxury launches; United grows in Alabama; RE/MAX affiliate adds 3 firms; The Agency enters Niagara; ERA Carroll expands in WY; Compass woos top producer.Real Estate News StaffUpdated May 24, 2024
IndustryVA will allow homebuyers to pay agents — at least for nowComments made by a Department of Veterans Affairs official Tuesday “ensures veterans have the same opportunity as others to compete in a tight housing market.”Cheryl Reid-SimonsMay 22, 2024
By the NumbersExisting home sales lose more momentum in AprilDespite the sluggish pace, inventory is up, which is “nudging the market in a more buyer-friendly direction.” AJ LaTraceUpdated May 23, 2024
IndustryThe party is not over for NAR — ‘at least not yet’A new report describes the political might of NAR, its lavish efforts to protect it, and risks to its future posed by the government — and its own actions.Stephanie Reid-SimonsMay 21, 2024
IndustryNAR continues its battle to keep DOJ case closedAn appeals court ruled that the government could reopen its investigation. NAR says that decision involved “far-reaching and exceptionally important” errors.Dave GallagherUpdated May 21, 2024
By the NumbersA third of homes for sale are new constructionWith many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.AJ LaTraceMay 20, 2024
MLS/AssnA closer look at NorthstarMLS’s path through a tricky yearMinnesota’s largest multiple listing service embraces its “broker-centric, tech-forward focus” as it works through rules changes and pursues collaboration.Stephanie Reid-SimonsMay 20, 2024
Industry‘Stop sharing broker commissions’ to steer clear of troubleA “consumer-centric” approach to buy-side commissions is better for all agents, industry leaders say. Here’s why, and what you need to know about the DOJ.Cheryl Reid-SimonsMay 19, 2024