Ashley Yarabinec, Director of Member Relations at the Mortgage Bankers Association (MBA), noted that her generation knows how to use technology effectively, "but if the industry doesn't embrace that and bring in younger professionals, they'll fall behind.
"We're presenting an unusually wide sales range this year because while high housing costs may price out some would-be buyers, there's a fair amount of pent-up demand in the market," they said in their forecast.
LPT Realty has named Jeff Whiteside as its new chief financial officer, a key move, the company said, as the cloud-based brokerage gears up for further expansion and its upcoming initial public offering.
It's been a tough year for the National Association of Realtors, from its landmark settlement in the commissions suits to ongoing DOJ scrutiny and an industry-wide battle over Clear Cooperation — but NAR is ending 2024 on a strong note when it comes to its overall membership count.
These forecasts are based on management’s growth projections, which have Epra earnings (a measure of operational performance and net income) rising 50%, even after accounting for higher interest rates on the firm’s debt.
"These practices disproportionately affect minority professionals and have resulted in inequitable enforcement of rules and exclusion from fair competition in the real estate industry," the filing states.
Debuting this campaign in Times Square during the holiday season perfectly captures this sentiment and serves as an invitation for everyone to reflect on the pride, warmth, and connection that comes with owning a home."
"This award is yet another sign that the industry is ready for a technology-first brokerage platform that boosts agent productivity through automation," said Tamir Poleg, chairman and CEO of Real.
From helping people navigate down-payment assistance options to special mortgage programs and more, counselors — and Realtors — "play a critical role" in supporting housing affordability and fairness, Berenbaum said.
Recent upheaval caused by the lawsuits together with the ongoing downward pressure on brokerage margins have created a fertile landscape to implement new business model options not previously considered viable.
Don't forget to study: NAR advises first-timers to seek out the help of a real estate professional (naturally), but reminds consumers to do their homework before deciding on an agent.
Revenue for international transactions has increased by 63% over the last 12 months, and the company plans to open locations in Türkiye, Peru and Egypt in early 2025, Sanford said.
