In a message to the agent community this week, the agency said price gouging during a state of emergency is a criminal offense and carries penalties including fines of up to $10,000 and/or imprisonment for up to one year.
Instead, United, which operates on a flat fee model, offers other benefits — such as health care and financial planning — which Duffy believes are more valuable to agents and their primary business of selling real estate, not being a recruiter.
The bond market's response to economic and political conditions — in particular, concerns about deficit spending and inflation stemming from Trump administration proposals — is also having an effect, said Selma Hepp, chief economist at CoreLogic.
While it's too early to know who will be victorious — or even declare a stalemate or truce — in the ongoing battle between CoStar and Move, the legal wrangling between the fierce home search rivals is poised to spill over into the new year.
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.
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."
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.
"This was one of the driving factors behind the decision to affiliate with the Century 21 brand, as we now have new networking capabilities to meet other real estate professionals who can provide more ideas to keep our business refreshing and fun."
A survey from Clever and Real Estate Witch found that a large number of Americans would rather deal with ghosts in their home than a host of other situations — including a neighbor with unfiltered political views, a sure sign that it's an election year.
Bowers said Century 21's support of technology and marketing, lead generation, agent learning and coaching were among the offerings that attracted her to the brand — as well as its "unparalleled name recognition not only in the real estate industry but also to general consumers as a whole," she said in a news release.
The events of the past few years have been a shock to the system for residential real estate: Lawsuits that have changed how agents get paid and challenged their value, a frozen housing market, NAR upheaval.
A consumer watchdog's perspective on listing agreements: Ahead of the new industry practices that took effect in August, many brokerages, MLSs and associations spent the summer revising or creating buyer and seller contracts.
