Property Invests
For agents to succeed in that environment, Gehrke said it will be critical for them to embrace tools that free up their time so they can focus on their strengths: Serving as a knowledgeable local resource who can provide insight into the home, neighborhood and city.
“This time last year, the average price of a flat had risen more quickly than a detached house, as buyers adjusted to higher borrowing costs and sought to compensate by targeting smaller properties,” she added.
We've got data on a very broad survey of almost 3 million listings done by credentialed economists that shows that sellers typically leave money on the table if they sell their home off market.
Last year, the association shelled out $86.3 million to influence election-year campaigns, and it maintains a lengthy list of legislative priorities related to inventory, fair housing and access to homeownership.
"Zane is a visionary leader whose expertise in technology and innovation will be instrumental as we expand our digital capabilities and deliver best-in-class solutions for our agents and clients worldwide," The Agency President Rainy Hake Austin said in the announcement.
Repealing the National Association of Realtor's Clear Cooperation Policy could not only lead to a mad dash by brokerages to capture more private listings, it would have consequences for agents, consumers and the notion of "a fair and democratic housing market."
A recent analysis of home prices, ownership rates and migration in 2024 found that homeownership has remained relatively stable over the past few years, even as affordability has worsened.
There are a number of AI-powered tools being used to speed and automate various tasks in the real estate industry, from generating leads to analyzing the market to virtual staging.
Jason Tebb, president of OnTheMarket, a property portal, commented: “With inflation rising unexpectedly to 3%, the next rate reduction may be pushed back a little as the Bank of England keeps a close eye on inflationary pressures in coming months.”
A separate statement shared later by Phoenix Realtors CEO Andy Fegley included additional details about how his organization and NAR "worked together to clarify the marketing around MLS Choice" and assuage concerns that the offering "conferred local association membership, caused confusion for consumers and weakened the Realtor brand."
RE/MAX is also looking to leverage remax.com and (soon) remax.ca visitors to identify and nurture high-intent buyers via Lead Concierge, a program that Carlson said saves agents' time and "materially improves the customer experience."
Speaking to a panel of Ninth Circuit judges in Honolulu on Feb. 13, DOJ attorney Alice Wang argued in favor of vacating a 2023 jury decision involving Zillow, the defendant in the case, and the low-fee brokerage Real Estate Exchange (REX).