NAR to consumers: Agents must put client interests first
In its latest guide, NAR doesn't address the new rules directly but explains what it means for agents to act in the best interest of buyers and sellers.
More Realtors expect an uptick in buyers this fall
The August poll found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months — that's up from 13%, which was the percentage reported in both June and a year prior in July 2023.
What is the Freedom to Buy scheme? UK Labour Party’s mortgage plans explained
After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023.
What comes next for NAR’s Clear Cooperation policy?
"NAR is absolutely not involved," Lund responded when asked about any collaboration or input from the powerful trade association, though he concedes for full disclosure that several current and past clients are on the Emerging Issues Advisory Board.
Mortgage rates plunge to lowest level in 15 months
Inventory is higher heading into fall compared to recent years, so if the Federal Reserve chooses to make deeper rate cuts in September, that could lead to a late-year uptick in sales.
When should sellers play the concessions card?
It's a topic that was discussed this week during a webinar called "Winning strategies in a post-settlement world," hosted by T3 Sixty's CEO Jack Miller and Paul Hagey, editor-in-chief for the company's publications.
Key player in Sitzer/Burnett launches real estate startup
On Landian's home page, Sitzer states that "our hard-won settlement paved the way for a new era of fairness and transparency," and the company's flat-fee approach is "liberating homebuyers from the excessive commissions they were previously forced to pay."
‘Unfiltered’: No offer of compensation? No problem
On this week's episode of Real Estate Insiders Unfiltered, California agentChris Cragnotti shares his experience working with sellers who chose not to include an offer of compensation in the MLS, 10 months before it was required.
In 8 states, inventory is now above pre-pandemic levels
: In his weekly report, Simonsen said inventory appears to have peaked in Texas and Florida and may start to decline in those states a little earlier than the rest of the country.
Housing Market Decoded: Why ‘rent vs buy’ misses the big picture
But, in this current environment, as people are simultaneously worried about missing out and about buying at the top of the market, lists and calculators that put the buy-versus-rent tradeoff in black and white can be appealing.
Home prices have been rising for more than a decade
However, the pace of growth has slowed for the past three quarters, likely due to higher inventory and elevated mortgage rates, said Anju Vajja, deputy director for FHFA's division of Research and Statistics.
The new agent playbook should include ‘leading with grace’
So agents have to be considerate when working with others in the field or discussing changes with real estate professionals online as rules and practices vary at the local level.