My real estate career spans over 30+ years, currently as the Senior Leadership Instructor for Better Homes and Gardens Real Estate. During my multiple decades in this business, I've been a top producer in the Hall of Fame for selling and have coached and trained thousands of real estate...
RISMedia garnered several special recognitions recently from The National Association of Real Estate Editors' (NAREE) 2024 Journalism Competition held during its annual conference, this year in Austin, Texas June 18-20. This prestigious competition, now in its 74th year, recognizes excellence in reporting, writing and editing stories about residential and...
A judge in the Southern District of New York paused two key commission cases on June 26 after an extensive back and forth between plaintiffs, defendants and the judge, in a decision that could resonate around the country as Burnett copycats play out in the shadow of the larger...
Editor's Note: The Buyer-Agent Playbook is a new iteration of RISMedia's biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR settlement environment. The series will provide brokers and agents with insights and information to ensure they not only...
Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted monthly losses in transactions, while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions. This month follows the trend of last, when sales were down 7.7%....
No one said change would be easy. Many real estate organizations find that to be truer than ever about buyer representation agreements, as some REALTOR® organizations have come under fire for their attempts to abide by incoming policy changes. That has been the case for the California Association of ...read more
The real estate world has undergone a significant transformation. The NAR settlement has disrupted the industry, forcing everyone to adapt. As the landscape shifts, REALTORS face new challenges such as: Eroding value: Increased transparency may lead clients to question their agents' worth. Tighter margins: New rules might result in...
The real estate industry faces a triad of challenges in today's marketplace: continued low inventory, delivering fewer sales, stubbornly elevated mortgage interest rates and the potential impact of the commission lawsuits that have already begun to reshape the landscape. As a result, leading industry experts predict tens, if not...
After going through the time and effort of getting an accepted offer for your seller's home, the absolute last thing you want (or need) is a problem with the appraisal that follows. Assuming a mortgage will be taken by the buyer, lenders will want to ensure that the price...
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, down 11.3% below the revised April rate of 698,000 and 16.5% below the same activity a year ago, according to the latest data released Wednesday by the U.S. Department...