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...
News Category: Real Estate News
In a court ruling October 28, California District Judge George H. Wu partially granted CoStar Group's motion to dismiss claims in the lawsuit filed by Move, Inc., the parent company of rival Realtor.com®, throwing out (at least for now) two accusations related to computer crimes. Wu granted Move “leave...
As a lifelong fan of dinosaurs, especially the mighty T-Rex, I thought it would be fun to share some fascinating facts about these incredible creatures. What's more, there's a surprising number of lessons we, as modern humans—and leaders—can take from these ancient rulers of the Earth. The era of...
As a REALTOR®, it is known that there are different strategies for different market conditions. Homesellers these days face challenges in the current market they may not have just a few years ago. Here are four strategies to suggest they employ to get client properties sold quickly and for...
Realty ONE Group International has announced the company is opening business in Uruguay, the 22nd country to join the global franchise. Eugenia Aiello, who has 26 year's experience as an independent broker, became the international regional owner of Realty ONE Group Argentina last year and is now partnering with ...read more
Reaching a three-month high and their fifth-consecutive week of increases, the average 30-year fixed rate mortgage climbed to 6.72%, up from last week's average of 6.54%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Increasing for the fifth consecutive week, mortgage rates reached...
Above, John and Liz Torres When a company is recognized for being one of the largest and fastest-growing franchise organizations in the country for eight straight years, it's clearly doing something right. Or, actually, a whole heck of a lot right. United Real Estate, which has experienced an astounding ...read more
Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage rates, rising to nearly 8.00%...
RE/MAX has been ranked #1 among real estate brands on the 2024 Franchise Times Top 400, an exclusive annual list of the largest U.S.-based franchise systems by global systemwide sales. Overall, RE/MAX holds the #14 spot. This achievement marks the 16th consecutive year RE/MAX has earned the #1 position...
Yesterday, RISMedia unveiled its groundbreaking 2024 Contract & Commission Study, providing the first comprehensive analysis of how real estate commissions have changed in the wake of recent policy mandates—including who was most affected, how companies are adapting and which regions were seemingly best prepared for the new requirements. Maybe...