Financing Buyer Commission Could Be Expensive, Dangerous Says NAR Panel
Bringing together ostensible outsiders with deep experience in the realm of housing policy and finance, the National Association of REALTORS® (NAR) billed the panel—taking place during the organization’s midyear legislative meetings in Washington D.C. yesterday—as an overview of “practical and policy solutions in a post-settlement environment.” Really, however, the focus was on one policy—financing buyer…
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Offerpad Q1 Earnings: Revenue Way Down, Though Improvements Cited
In a Q1 earnings call May 6, technology real estate company Offerpad Chairman and CEO Brian Bair put as positive a spin as he could on numbers that continue to exist in the negative, preferring to accentuate a growth pattern through smaller losses this year over last. The iBuyer’s revenue was sharply down in the…
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Brokers See Inventory, Demand Surge as Sentiment Defies Looming NAR Changes
RISMedia’s latest Broker Confidence Index (BCI) is offering a potentially very positive preview of 2024’s spring and summer market, with a bigger than usual jump in broker sentiment at the beginning of the traditional busy season for real estate, which could foreshadow resurgent sales. Jumping a full point from seven to eight in April, brokers…
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Housing Trade Groups Applaud Launch of Bipartisan Congressional Real Estate Caucus
The National Association of REALTORS®, the National Association of Home Builders, the Mortgage Bankers Association, the American Land Title Association, National Apartment Association, U.S. Mortgage Insurers, National Multifamily Housing Council, Asian Real Estate Association of America, American Property Owners Alliance, Leading Builders of America and Nareit express thanks to Reps. Mark Alford (R-Mo.), J. Luis…
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Best of Mullin Blankfeld Group Vow to ‘Bring Out the Brilliance’
Above, Matthew Mullin, left, and Harvey Blankfeld Frustrated by ‘something missing’ in the corporate structure, Matthew Mullin came to real estate after an unfulfilling start in equity research. “My Dad had been in real estate at one point in his life, and I saw it as a much more personal experience,” said Mullin, CEO of…
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Team Tactics: 3 Ways to Make the Most of Team Meetings
When you work on a team, meetings are an important part of your toolkit to succeed. They serve as a way to bring teammates together for idea-sharing, knowledge gathering, relationship building and to make critical decisions. But it’s imperative that your meetings have structure and purpose in order to make them beneficial for your business…
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Investment Potential of a Condo vs. a House: A Comprehensive Comparison
Real estate remains a solid investment choice. It offers both rental income and the possibility of appreciation. However, deciding between investing in a condominium or a house depends on market trends, personal investment goals and the economic climate. I will provide a detailed comparison between buying condos and homes and evaluate their respective merits as…
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Redfin to Settle Commission Lawsuits, Paying $9.25 Million
According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached with homeseller plaintiffs in the class-action lawsuit known as Gibson. This amount comes as plaintiffs argue that Redfin—as well as other brokerages such as The Real Brokerage, Realty One Group,…
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PropStream Announces New AI Features
PropStream’s President Brian Tepfer has announced the company has upgraded its data sets, utilizing the power of Predictive Real Estate Data to pave the way for new features and proprietary AI predictive analytics. Listed new features include: Enhanced valuation modeling Localized demographic data New lead lists Photo AI insights AI predictive property scores “Coverage, speed,…
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COURT REPORT: Post-NAR Settlement Practice Changes Shifts Date
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. While NAR and other settlements pend both preliminary and final approval, the flow never stops in the court systems throughout the U.S. as updates continue to develop in the many commission lawsuits currently…
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