Property Invests
Now, in a move first reported by Inman, Remine's assets are being offered for sale via an "Assignment for the Benefit of Creditors" (ABC) — an alternative to bankruptcy that is meant to provide a quick, discreet means of selling a distressed business.
But Markt General Manager Betsy Hanson said in a news release that the tool will also "give MLS subscribers quick and accurate answers, freeing our staff for bigger challenges" by helping to lighten the load of administrative duties, improve service speed, lower operational costs and enhance member interactions.
While Witt acknowledged the varied opinions on the CCP, he thinks the introduction of the policy in 2020 was "long overdue" and in the best interests of buyers and sellers.
For agents to succeed in that environment, Gehrke said it will be critical for them to embrace tools that free up their time so they can focus on their strengths: Serving as a knowledgeable local resource who can provide insight into the home, neighborhood and city.
“This time last year, the average price of a flat had risen more quickly than a detached house, as buyers adjusted to higher borrowing costs and sought to compensate by targeting smaller properties,” she added.
We've got data on a very broad survey of almost 3 million listings done by credentialed economists that shows that sellers typically leave money on the table if they sell their home off market.
Last year, the association shelled out $86.3 million to influence election-year campaigns, and it maintains a lengthy list of legislative priorities related to inventory, fair housing and access to homeownership.
"Zane is a visionary leader whose expertise in technology and innovation will be instrumental as we expand our digital capabilities and deliver best-in-class solutions for our agents and clients worldwide," The Agency President Rainy Hake Austin said in the announcement.
Repealing the National Association of Realtor's Clear Cooperation Policy could not only lead to a mad dash by brokerages to capture more private listings, it would have consequences for agents, consumers and the notion of "a fair and democratic housing market."
A recent analysis of home prices, ownership rates and migration in 2024 found that homeownership has remained relatively stable over the past few years, even as affordability has worsened.
There are a number of AI-powered tools being used to speed and automate various tasks in the real estate industry, from generating leads to analyzing the market to virtual staging.
Jason Tebb, president of OnTheMarket, a property portal, commented: “With inflation rising unexpectedly to 3%, the next rate reduction may be pushed back a little as the Bank of England keeps a close eye on inflationary pressures in coming months.”