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.
"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.
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.
When the partnership launched last year, Georgia MLS CEO Richard Boone said "it was time for like-minded MLSs … to come together and form a meaningful referral network" — one that "made geographic sense" and "kept the members as top priority."
I'm excited to continue expanding our reach in Greater Boston utilizing the numerous resources that Coldwell Banker Realty offers," said Bell.
As of today, I believe it is important to start the rate cutting process at our next meeting," Federal Reserve Governor Christopher Waller said in a Sept. 6 speech at the University of Notre Dame.
Allison Thompson, its national lettings managing director, said: “This poorly conceived policy, aimed at boosting homeownership by reducing buy-to-let competition, has instead driven up rents and forced many landlords to cut back on costs and investment in their properties.
And while MLSs are charged with ensuring that offers of compensation don't make their way onto their systems, the point is to educate brokers and agents, not to immediately punish members by imposing a fine, Rene Galicia, EVP of Customer Advocacy for Bright MLS, told Real Estate News.
One tech firm to lean into real estate's new era is Seattle-based MoxiWorks, which announced a major update this week to its software suite and new web products to help agents conduct business in compliance with the rule changes.
As she looks to the remainder of 2024 and into 2025, those solutions will continue to include investments in technology, training and tools to support brokers and agents through the changing industry landscape.
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.
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.
