In the wake of the National Association of REALTORS®' (NAR) March 15 agreement to settle its legal fight against a flood of lawsuits that have roiled the industry over the last five years, paying $418 million in damages and agreeing to eliminate its guidance around commissions, real estate professionals...
News Category: Real Estate News
Editor's Note: Social Skills is a bi-monthly feature in RISMedia's Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Instagram is undoubtedly one of the most popular platforms for building connections and attracting potential clients to your business. With its visual...
According to OneKey® MLS (which covers southern regions of New York State such as Long Island, NYC and Westchester County), the regional, single-family, closed median sale price was $650,000 in February 2024, a year-over-year 10.5% increase over the price of $588,500 from February 2023. Further details: For condominiums, OneKey ...read more
In the latest RISMedia webinar—“Fundamentals of Success in 2024”—panelists Rick Haase, president of United Real Estate and chief operating officer of United Real Estate Group, and Lennox Scott, the third-generation chairman and CEO of John L. Scott Real Estate, discuss what brokers can do to continue to grow their...
HomeServices, as the last remaining defendant still fighting the two oldest and most advanced commission lawsuits, will likely have an outsized say in the timing of a potential trial—and appears to have settled on a date. According to a filing in federal court on Monday, March 25, the company...
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January's two-year high. “Confidence rose among consumers aged 55 and over but deteriorated...
For those looking to sell their homes and maximize on profit, the time to do so is just around the corner. In fact, according to a new realtor.com® report, the week of April 14 – 20 is shaping up to be the best time to sell and maximize ROI...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6% annual gain in January, up from a 5.6% rise in the previous month. The data released March 26 shows that three out of the 20 major metro markets reported month-over-month...
Three former Keller Williams agents are suing the company over a recent change to its profit-sharing program, claiming that recent changes to profit-sharing programs that reduce payments to certain agents violate contracts—and the law. Robert E. Hill, David L. Bueker and Jerri L. Moulder filed seemingly separate, class-action lawsuits...
Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a...