Teams Spotlight: Randy Dyck, eXimus Real Estate Team
Find out how this farmer's son built a real estate business that's focused on giving back and leading with a servant's heart.
Categories: Real Estate News
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but it doesn't bar sellers from offering compensation to buyers' agents.
Categories: Real Estate News
Cornerstone staffs up to grow servicing, builder partnerships
Seven executive hires in 2024 include Dana Abernathy, who will expand the company's servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships.
Categories: Real Estate News
Palm Beach, a suburb? Not likely, residents say
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a "suburb." Local agents agree that Palm Beach is "a category by itself."
Categories: Real Estate News
CoStar puts former Realtor.com editor on leave amid lawsuit
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit.
Categories: Real Estate News
Falling mortgage rates have yet to translate into pricier home sales
Applications for purchase mortgages dropped last week for the second week in a row as rising home prices continue to shut many would-be homebuyers out of the market.
Categories: Real Estate News
Court revives antitrust claims against NAR in pocket listing suit
Judge says Top Agent Network "adequately alleged" NAR's Clear Cooperation Policy is a "group boycott." Meanwhile, NAR signals it may be open to repealing the rule.
Categories: Real Estate News
Restb.ai: In most markets, floor plans reduce days on market
Artificial intelligence software company Restb.ai has released a report on the effectiveness of floor plans on days on market.
Categories: Real Estate News
Housing inventory is roaring back to life. So why aren’t new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel.
Categories: Real Estate News
Homes are sitting on the market longer amid high costs: Redfin
Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020.
Categories: Real Estate News
Sequel to NAR ‘Danger Report’ set for 10-year anniversary next year
T3 Sixty plans to release "The Opportunity Report" as a follow up to its "DANGER Report" in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry.
Categories: Real Estate News
Local Logic and iGo strike a new integration deal
Part of the relationship involves Local Logic providing iGo with a site license for NeighborhoodIntel, a recently released property reporting product that generates insights from more can 250 data points per home.
Categories: Real Estate News
As rules change, your best friend is an entrepreneurial mindset
Entrepreneurship isn't just good for individual real estate pros, PR and marketing expert Molly McKinley writes. It's good for organizations and for the industry as a whole.
Categories: Real Estate News
Industry mourns DocMagic founder and CEO Dominic Iannitti, 60
CFO Pat Theodora taking over as CEO after Iannitti, a pioneer of numerous paperless processes, dies unexpectedly of complications from pneumonia.
Categories: Real Estate News
CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors.
Categories: Real Estate News
Economists predict big slowdown in home price appreciation
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets
Categories: Real Estate News
Existing-home sales decline, median sales price hits record high
The median existing-home price jumped by 4.1 percent year-over-year to $426,900 for all housing types, marking the second month of record highs.
Categories: Real Estate News
Cost of insurance, property tax top triggers of mortgage delinquencies
Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com.
Categories: Real Estate News
What unanswered NAR settlement question are you stressing? Pulse
Buyer agreements for open houses? Workarounds? Concessions? As agents race to comply with terms of the NAR settlement on Aug. 17, Inman wants to help answer your toughest questions.
Categories: Real Estate News
Summer slump sees buyers back out of deals at record rates
Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56,000 home-purchase agreements in June, according to Redfin.
Categories: Real Estate News