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Real Estate News

Better hiring real estate agents to originate mortgages in 26 states

Inman Real Estate News - Thu, 03/28/2024 - 16:36
As Better reports $543 million 2023 loss, CEO Vishal Garg says the company has made fundamental changes to its business model that will help it pivot to providing purchase loans to homebuyers.
Categories: Real Estate News

RE/MAX President: ‘It’s time to take back our No. 1 market share’

Inman Real Estate News - Thu, 03/28/2024 - 15:53
In her first keynote as RE/MAX president, Amy Lessinger addressed market headwinds, buyer-broker commissions, homebuyer agreements and plans to revive the franchisor's U.S. operations.
Categories: Real Estate News

Landing acquires flexible rental platform Barsala for $30M

Inman Real Estate News - Thu, 03/28/2024 - 11:49
The new deal will allow Landing, a flexible living platform, to add 1,000 new units across its Autopilot program, which provides furnished, flexible living spaces for multifamily buildings.
Categories: Real Estate News

Pennsylvania’s No. 1 team leaves eXp Realty for Real Brokerage

Inman Real Estate News - Thu, 03/28/2024 - 11:36
The Jon Campbell Team, previously the Don Wenner Team, closed 2,250 home sales across $585 million in sales volume in 2023. Technology and culture helped draw the team to Real.
Categories: Real Estate News

Moehrl trial shifts to early 2025 as HomeServices keeps skin in game

Inman Real Estate News - Thu, 03/28/2024 - 10:44
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week.
Categories: Real Estate News

Pending home sales tally modest uptick amid rise in jobs, inventory

Inman Real Estate News - Thu, 03/28/2024 - 10:05
Fueled by positive job growth and an increase in available housing, the National Association of Realtors' Pending Home Sales Index rose 1.6 percent in February, according to data released Thursday.
Categories: Real Estate News

‘Apologize’ and 17 other common-sense ways to begin reforming NAR

Inman Real Estate News - Thu, 03/28/2024 - 04:00
Even before the courts resolve how agents are compensated, NAR has an opportunity to set a course for victory, Inman founder Brad Inman writes.
Categories: Real Estate News

Broker Spotlight: Wyatt Poindexter, The Agency

Inman Real Estate News - Thu, 03/28/2024 - 04:00
Find out how this Oklahoma City broker's mindset helps him raise the bar on the service he provides and his own level of professional performance.
Categories: Real Estate News

William Raveis celebrates 50 years with an official state proclamation

Inman Real Estate News - Wed, 03/27/2024 - 16:31
Governor Ned Lamont on Wednesday proclaimed March 27 "William Raveis Day" in Connecticut as the brokerage celebrated 50 years of service with an unforgettable anniversary bash.
Categories: Real Estate News

Dr. Shani Mott spent her last days fighting for housing equality

Inman Real Estate News - Wed, 03/27/2024 - 15:38
The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She's part of a long legacy of Black homeowners who've died while fighting for their rights.
Categories: Real Estate News

$188M Palm Beach estate — the city’s priciest — goes into contract

Inman Real Estate News - Wed, 03/27/2024 - 14:42
The estate sits alone on its own 2.3-acre, man-made island and went into contract on Monday. The negotiated price, and the buyer's identity are still unknown.
Categories: Real Estate News

Mortgage rates are chasing Treasury yields lower — for now

Inman Real Estate News - Wed, 03/27/2024 - 14:18
With a key inflation report due Friday, mortgage rates and long-term Treasury yields have retreated to levels not seen in two weeks after Fed signals it could ease up on "quantitative tightening."
Categories: Real Estate News

Value over discount: 8 tips for navigating post-NAR settlement

Inman Real Estate News - Wed, 03/27/2024 - 12:00
Explore how to transcend discounting and enhance value in response to the NAR settlement with strategic consultant Chris Pollinger.
Categories: Real Estate News

NAR’s settlement could impact women more than men. Here’s why

Inman Real Estate News - Wed, 03/27/2024 - 12:00
Women in real estate are already earning about 60 percent less than their male counterparts. Rachael Hite looks at the latest wage gap data and explores how less commission compression could widen that gap.
Categories: Real Estate News

Compass brings on Atlanta’s Beacham & Company

Inman Real Estate News - Wed, 03/27/2024 - 11:54
Glennis Beacham founded the former indie brokerage in 2006 after growing her career over the course of more than two decades to become one of Atlanta's top luxury agents.
Categories: Real Estate News

Nepo Babies grow up as data points to new phenomenon: Nepo Buyers

Inman Real Estate News - Wed, 03/27/2024 - 11:16
Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday.
Categories: Real Estate News

LoanDepot settles high-profile appraisal bias lawsuit filed in 2022

Inman Real Estate News - Wed, 03/27/2024 - 10:26
Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black.
Categories: Real Estate News

Do brokerages have right model for this business climate? Intel asked

Inman Real Estate News - Wed, 03/27/2024 - 04:00
Most real estate professionals are quite bullish on their own brokerage's business model. But more are beginning to question it, according to a review of the latest Inman Intel Index results.
Categories: Real Estate News

5 things every broker should be doing after NAR’s settlement

Inman Real Estate News - Wed, 03/27/2024 - 03:00
Brokers need to lead by example, new Inman contributor Valeria Grunbaum writes. Walk the talk, and don't buy into the fear and uncertainty of these post-settlement times.
Categories: Real Estate News

How have your client conversations about commission changed? Pulse

Inman Real Estate News - Wed, 03/27/2024 - 03:00
On this week's Pulse, we want to know how your conversations about commissions with clients have shifted in the wake of commission lawsuits and settlements. Weigh in, and let us know!
Categories: Real Estate News