Tech Bytes: News from Zillow, MetroList, Lofty and Revive
"Lofty has the massive scale we need to grow our business, the features our agents require to be successful, and the powerful technology backbone to support our commitment to innovation."
Invitation Homes makes $48 million deal to settle with FTC
"Invitation Homes remains committed to providing a high-quality living experience for individuals and families who want flexibility and choice in housing and to transparency with all stakeholders."
Side announces mentorship-focused rev share program
"Other programs are structured like multi-level marketing schemes with downlines that incentivize quantity over quality, compromising the integrity of our industry," Gal said.
Which? urges FCA to launch home insurance crackdown amid soaring cost of premiums
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.
Brokerage Beat: News from eXp, RE/MAX, Real, Coldwell Banker
Broker Stanley Ginsberg, who has more than 35 years experience in the Manhattan real estate industry, is joining the firm along with agents Petar Vojvodic, Pia Elbling, Kristina Tichner and Akilah Williams.
10 most expensive places to rent outside of London revealed by Rightmove
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.
Buyers value community — and agents who are connected to it
Younger generations are especially interested in getting involved, with 93% of millennials and 87% of the Gen Z buyers surveyed saying they want to live in a community where they can make a difference.
The Fed goes big with first rate cut
"This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained in a context of moderate growth and inflation moving sustainably down to 2%."
Brokerage Beat: Former eXp execs launch new venture; movers in S. Florida
"The worldwide brand recognition and broad global network that Christie's International Real Estate provides, along with our exclusive product offerings, will enable our firm to establish a prominent position in this marketplace in a short timeframe."
Gap in rents between north and south England ‘smallest on record’, letting agent finds
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.
Big houses ‘driving the housing market’ as sellers ‘seek to beat Budget tax rises’, Rightmove data suggests
While speculation about tax hikes has been rife since Rachel Reeves announced that she was battling a big ‘black hole’ in the public finances, the changes Rightmove has seen coincide with Sir Keir Starmer’s 27 August Downing Street garden speech.
NAR offers new advice for sellers on agent compensation
The National Association of Realtors is growing its series of post-settlement guides for consumers, with the most recent addition aimed at helping sellers understand their options for choosing — or not — to make an offer of compensation.
NAR doing a good job, associations say; MLSs aren’t so sure
However, the report also included calls for NAR to "modernize its approach and focus on remaining relevant in an evolving industry, particularly by addressing the concerns of its members and ensuring stronger leadership moving forward."
Revise or remove Clear Cooperation, most industry pros say
Based on the results of a recent survey completed by 671 real estate professionals, consulting firm WAV Group found that only 28% of respondents believe the Clear Cooperation Policy should remain in place with no changes, while 29% prefer to modify it or make it optional, and 43% said it should be removed entirely.
Clear Cooperation: ‘Imperative’ or legal risk?
eXp Realty CEO Leo Pareja has also come out in support of the Clear Cooperation Policy, telling Real Estate News during a phone conversation that the MLS gives consumers and agents the most "liquid, accurate and complete data set" which is something that homebuyers and sellers in other countries don't have.
Record share of consumers expect mortgage rates to fall
"Despite significantly greater optimism that mortgage rates and home prices will move in a more favorable direction for potential homebuyers, most consumers remain apprehensive about the housing market and continue to point to the lack of affordability and supply as the chief reasons for their pessimism," said Palim.
‘Unfiltered’: eXp’s bold play to ‘go further than the settlement’
But Dwiggins doesn't just answer questions, he asks them of guests on Real Estate Insiders Unfiltered, his podcast with Keith Robinson, NextHome's chief strategic officer.