Real Estate Commission: Negotiation & DOJ Scrutiny
Real estate faces negotiation challenges & DOJ scrutiny. Fixed-percentage commissions persist, despite legal risks. Consumer education is crucial for a more competitive market.
NAR’s New Strategic Plan: Modernizing & Member Experience
NAR unveils a 3-year strategic plan focusing on modernizing the organization, enhancing member experience through zero-based budgeting, actionable research, advanced tech, and addressing legal risks. Commitment to consumers and industry is also prioritized.
Equity Release: Over 50s Debt & Retirement Plans
SunLife reports many over 50s struggle with debt, impacting retirement. Equity release, like lifetime mortgages, is used to clear debts, boost income, and improve finances. Equity release is on the rise.
Kevin Sears’ Legacy: NAR Celebrates Outgoing President
Outgoing NAR President Kevin Sears celebrated for leadership & contributions. Wright shares Sears' impact. RPAC fundraising success. Membership dues steady. Sears receives standing ovations.
Housing Market Trends: Older Buyers, Cash Purchases, and 2026 Rebound
Housing market shifts include older first-time buyers, rising cash purchases & down payments. Experts predict a sales rebound in 2026 if mortgage rates fall, driven by changing buyer motivations.
Real Estate Market: Uncertainty and Opportunity
Real estate sees uncertainty but potential opportunities due to rate declines and inventory. Mortgage applications increase despite economic concerns. Experts see a double-edged sword in the market.
Riverside Homes: Fishing Rights & Mill Houses
Discover charming properties with fishing rights: mills, farmhouses, and Georgian homes along rivers like the Derwent and Kennet. Features include Aga kitchens, beamed ceilings & waterfront gardens.
Investor Activity: US Housing Market Q2 Analysis
Analysis of US housing market data for Q2 reveals investor activity, with Memphis leading at 25.2%. While overall sales dipped, investor purchases remained significant. Investors overpay in some areas, underpay in others.
Batton 1 Case: Class Certification Dispute & NAR’s Role
Batton 1 case faces class certification challenges due to overlapping buyer/seller roles. NAR, Anywhere, Keller Williams, and RE/MAX are accused of inflating buyer-broker commissions in an antitrust conspiracy.
Elliman Adds Attorney Weitz to Board Amid Q3 Results
Elliman appoints Perry Weitz to its board during Q3 profits call. Despite slight revenue dip to $262.8M, net income improves to $24.7M. Strong balance sheet and international expansion fuel optimism. Attorney Weitz will build high-performing companies.
eXp Realty: AI, Agent Growth, and Market Consolidation
eXp Realty focuses on agent growth, AI-driven improvements, and navigating market consolidation (Compass-Anywhere). They see agents as key and are automating systems for efficiency. eXp is now a scaled venture.
UK Real Estate: Affordability & Future Growth
UK real estate shows improved accessibility due to lower rates. Affordability drives growth in the North & Scotland. Land Registry aims for easy access by 2030, impacting the housing market with AI.
Compass Q3: AI, Agent Growth, and Record Revenue
Compass reports record Q3 profits driven by AI, agent growth, and strategic acquisitions. Focus on 'Compass AI 2.0' and Anywhere deal. Revenue jumps 23.6% to $1.85B.
Alexander Brothers Sue The Real Deal Over Sex Trafficking Claims
The Alexander brothers sue The Real Deal for $500M, alleging a 'false narrative' and clickbait campaign regarding sex trafficking claims, causing irreparable reputational harm. Magazine is accused of ignoring exculpatory evidence.
Real Estate Agent Fees: Commission Rates & Customer Agreements
Report reveals most buyer agents still charge commission based on home sale percentage, not fixed amounts. Customer agreement adoption varies. Post-NAR settlement, little change in commission rates.
MLS Evolution: Adapting to Change and Broker Outreach
The MLS landscape is shifting. Adaptive strategies, broker incentives, and clear communication are crucial for MLS success in the post-Sitzer/Burnett era. Market consolidation adds pressure.
Real Estate Expansion: New Teams, Brands, and Global Moves
Real estate firms expand with new teams, brand updates, and global ventures. Key moves include Douglas Elliman's global push and Century 21's Chicago debut.