The National Association of REALTORS® (NAR), in choosing to settle commission lawsuits filed by sellers that have dogged the industry for five years (along with the cascade of copycats added over the past six months), framed the decision as being an effort to “protect our members to the greatest...
With the addition of a $418 million payment by the National Association of REALTORS® (NAR) agreed to last week, the industry has now agreed to pay out a total of $626 million to settle commission lawsuits filed by recent homesellers, who successfully argued to a jury in October that...
New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase, according to data released March...
Earlier this month, I had the privilege of attending the Berkshire Hathaway HomeServices Sales Convention, where we immersed ourselves in learning, rejuvenation, and celebration. Our theme: HERO. We departed feeling inspired and invigorated, and my aspiration is for us to embody this superhero mindset in our endeavors. Come along ...read more
Above, Susan Walters, left with her father, Edward Young It takes a special kind of caring and attention to work exclusively with older clients, many of whom are widowed, with family scattered, and little or no experience in navigating contracts or finances on their own. It's what attracted retired...
PropStream, a lead generation platform, has announced the company will be attending the RESO 2024 Spring Conference from April 16-18 in Birmingham, Alabama. The event takes place at the Renaissance Birmingham Ross Bridge Golf Resort & Spa. This event is set to host key industry players from REALTOR® associations,...
Several mortgage companies were beset by cyberattacks in 2023, and as real estate companies carry valuable customer information, this makes them valuable targets. If you're on a team, you share the risk with your teammates. There's a plethora of good options out there to firm up your business cybersecurity,...
Selling a home is a significant decision involving many considerations. Among these, deciding whether to make improvements before listing the property is paramount. This decision can dramatically influence not only the sale price but also the speed and smoothness of the transaction. Understanding the pros and cons of home...
Great photographers deliver more than high-quality imagery—follow these tips to get the total package. Imagine a professionally dressed photographer arrives on time, engages the homeowner with a friendly greeting before expertly capturing every angle of the house. She opens all doors so she doesn't miss a room and adjusts ...read more
Editor's note: The COURT REPORT is RISMedia's weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. This past week proved historic in real estate lawsuit news, as the National Association of REALTORS® (NAR) decided to settle and significantly modify its rules around commissions,...