In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal Reserve Chair Jerome Powell said that inflation would not necessarily have to hit 2% before interest rates are cut. This statement constitutes a major shift from previous public comments ...read more
United® | Virtual Properties Realty (VPR) has announced a significant milestone—reaching 5,000 agents, posting an all-time record sales performance and a four-year agent growth rate of 35% since merging with United Real Estate in 2020. Celebrating its 25th anniversary this year, United | VPR stated it has joined ...read more
Above: Rick Haase, President, United Real Estate United Real Estate yesterday became the latest company to settle seller lawsuits, according to a filing in federal court, while several other companies simultaneously chose to push forward and continue fighting seller commission cases, potentially indicating there is still some appetite to...
In a July 12 ruling, the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C., denied the National Association of REALTORS®' (NAR) request for a rehearing in its dispute with the Department of Justice (DOJ). NAR and DOJ had originally reached a settlement agreement requiring...
Century 21 Real Estate has announced its third annual fundraising effort in support of local communities served by the brand's global network of independent agents and brokers. Century 21 stated that in 2022 it reimagined its brand anniversary date as the first-ever International Day of Giving dedicated to showcasing ...read more
Selling a condo for the first time can sometimes be challenging. My guide will simplify the process and help you achieve a successful sale. I will provide you with the following helpful information to help you come out on top with your first condominium sale: How to prepare your...
Woodbury, New York—Two heads are almost always better than one when facing uncertainty. When facing a lot of uncertainty—for instance, when a parade of class-action lawsuits upend century-old precedent in how your industry operates—it might be better to get as many experienced minds together as possible. That was the...
Last year proved to be a difficult one for REALTORS®, a direct result of a recovering, post-COVID market that lacked inventory and housing affordability—causing existing-home sales to fall to the lowest figure since 1995. Almost a quarter (26%) of REALTORS® named these the most pressing factors limiting potential clients...
As the broker in charge at Berkshire Hathaway HomeServices Hilton Head Bluffton Realty, Christina Galbreath-Gonzalez is grateful for the resources and support the firm's affiliation with the parent company brings—not only at a global level, but also in nurturing the growth of agents. “Our association with Berkshire Hathaway HomeServices...
Editor's note: The COURT REPORT is RISMedia's weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Here in the liminal space between when the National Association of REALTORS® (NAR) agreed to a settlement, and when that agreement will be implemented and approved, commission...