Redfin touts ‘very competitive’ buyer agent fees
The NAR settlement specifies that buyer agreements must include "a conspicuous statement that broker fees and commissions are not set by law and are fully negotiable."
‘We need to be debating from within,’ NAR CEO says
Wright, who began her career in the financial services industry, joined the Chicago Sun-Times in 2017 as chief operating officer, was promoted to CEO the next year, then departed in 2023.
Will a fall rate cut kick-start home sales?
Those questions could lead some buyers to wait, said Mark Fleming, chief economist at First American, but "while fear of missing out on lower rates in the future may prevent a rush into the market," he said, "lifestyle decisions driving the desire to become a homeowner will overcome any FOMO."
Agents Decoded: Finding opportunities in change
Agents Decoded can help you by presenting the perspectives of seasoned pros who have been there, made mistakes, and found success.
Mortgage rates tumble; time for buyers to ‘get serious’
The steady decline hasn't done much to increase demand to buy homes, a trend that's not uncommon, said Sam Khater, Freddie Mac's chief economist.
Foreign purchases of U.S. homes falls to the lowest level on record
"Historically low housing inventory and escalating prices remain significant factors in constraining home sales for American and international buyers alike," NAR chief economist Lawrence Yun said in the report.
Brokerage Beat: News from Lamacchia, Real, RE/MAX, C21, eXp, more
Patti White, president of Realty Quest, said the partnership was a good culture fit, stating that the "collaboration with the AllPoints Leadership team aligns perfectly with our core values and commitment to outstanding service."
Arizona Realtors unveils new forms that are ‘to the point’
The Arizona Association of Realtors, which represents more than 53,000 members in the state, has begun releasing drafts of new and revised forms, along with line-by-line descriptions and FAQs, in an effort to help agents comply with upcoming rule changes.
Property transactions taking longer to complete – how to speed-up your home sale or purchase
A property sale isn’t legally binding in England and Wales until it reaches exchange and the delays and uncertainty can cause buyer pull-outs and even gazumping if a better offer comes in, leading to an extended timeline.
Rate cuts are looking more likely — but not quite yet
The Federal Reserve's next meeting is scheduled for July 30-31, but analysts don't expect the Fed to cut rates until September, said Lisa Sturtevant, chief economist for Bright MLS.
RICS: UK election result and interest rate cuts will get property market moving
Coles says it stays a purchasers’ market if you intend to make a purchase currently yet cautions, “if the agents are right, you may require to capitalize on a fairly small window of chance. If optimism captures on, you’ll be taking on more buyers and enthusiastic sellers will certainly hold company on rates.” This marked...
Economists on 2024 so far: ‘The year of the head fake’
Hepp, Yun and Odeta Kushi, deputy chief economist with First American Financial Corporation, shared their perspective at the Economics Roundtable, a highlight of last month's conference of the National Association of Real Estate Editors.