With only days before the presidential election and with inflation on track to fully normalize, all eyes have been on the labor market, which for almost two years remained strong despite a historic rate-raising campaign by the Fed. That strength has appeared more shaky, and this month's report shows...
Above, Jose Perez Cloze, a provider of AI-powered sales and marketing software for real estate brokerages, has announced the appointment of Jose Perez as the company's new General Manager of Partnerships. Perez will draw upon his 30-year career at both notable real estate brands and proptech companies to expand...
REALTORS® and real estate industry professionals from across the nation and around the world will gather in Boston, Massachusetts, Nov. 8–10 for NAR NXT, The REALTOR® Experience—the National Association of REALTORS®' annual conference and expo. With the theme “Bring on Business,” this premier event combines industry-leading speakers, expert education...
Compass Founder and CEO Robert Reffkin continues to hold his stance against NAR's Clear Cooperation policy, and reported that the company has seen no “meaningful change” in business since NAR's practice changes went into place. In the company's recent earnings call for Q3 2024, Reffkin stated that the company...
Property Highlights: Location: Park City, Utah Listing Price: $31,000,000 Features: 10,000 square feet with 12 bedrooms and 16 bathrooms. Added Appeal: Rooftop pool, outdoor spa, private penthouse, 150-step ski access, antique French details, grand family room with opera house mirror and mountain views. School's in session at The Washington...
Recent changes that went into effect following the National Association of REALTORS®' (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven't. What's changed: Mandatory written buyer agreements. One of the most significant changes is the requirement...
Inflation rose slightly in September, according to a U.S. Bureau of Economic Analysis report released October 31. The Personal Consumption Expenditures (PCE) price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.3%. Real DPI increased 0.1% in September and real PCE increased 0.4%; goods increased...
This week—specifically this past Tuesday—was the deadline for anyone to enter a formal objection to the National Association of REALTORS®' (NAR) settlement agreement, struck with class-action seller plaintiffs back in March. While about half a dozen parties came forward, including plaintiffs behind other commission-focused lawsuits and a law professor...
Is a real estate negotiation on a haunted home doomed from the start? Not necessarily, but concessions may be part of the process, according to Clever-affiliated researcher Real Estate Witch. In the never-ending quest for a smart buy, 54% of Americans claim they would dare to buy a haunted...
A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck...