Real Estate News
Will the NAR settlement make it to the closing table? The Download
As the Nov. 26 hearing for final approval of the NAR commission lawsuit settlement approaches, voices from all sides are questioning its wisdom.
The power of perseverance: Rebuilding strength amid crisis
Harness the power of perseverance to move forward and support our communities as they rebuild from recent natural disasters, coach Darryl Davis writes.
Weak jobs, manufacturing reports provide no relief for mortgage rates
Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week's election, Fed meeting and government bond auctions.
Elliman’s California business faces lawsuits alleging kickbacks
The allegations launched by two former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers team.
Flyhomes’ NeighborVote reveals neighborhood political leanings
NeighborVote combines precinct-level voting data aggregated by the MIT Election Data & Science Lab with Flyhomes AI, allowing users to ask questions, such as “Is this home in a red or blue neighborhood?” or view political insights directly on a home’s listing page, according to the repo.. read more »
Termination, generation, Clear Cooperation: Inman’s Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
World Series of Luxury results: Ohtani puts on a ‘Sho’ in Hawaii
On top of his first MLB World Series title, Ohtani has been crowned by Inman readers as the champion of luxury real estate for his new build with ocean views on the Big Island.
Objections fly in against NAR and HomeServices settlement deals
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a "free pass," more than a dozen homesellers argued ahead of a Nov. 26 decision.
Falling rates help boost Fannie and Freddie loan volumes, net worths
Mortgage giants Fannie Mae and Freddie Mac provided backing for $164 billion in purchase mortgages in Q3, up 10 percent from Q2, while growing combined net worths to $147 billion.
Portfolio growth, tenant retention help Blanket shine: Tech Review
Blanket is property management software that centers on portfolio growth rather than reactive, day-to-day oversight of rental properties. It can do the latter, but the former makes it a unique entry to the market worth consideration for anyone who wants become a full-time landlord.
Using community engagement to build your personal brand
Investing time and effort into community involvement, The Agency's Rainy Hake Austin writes, is a powerful strategy for personal branding in luxury real estate.
3 ways agents can effectively brand boutique buildings
Real Director of Marketing Md Kamruzzaman writes that in today’s crowded marketplace, even boutique buildings need a distinct brand identity to stand out and attract buyers and tenants.
RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year.
Josh and Heather Altman leaving ‘Million Dollar Listing Los Angeles’
Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. "We were babies when we started the show," Josh Altman told "People."
Inflation cooled in September, nearing the Fed’s 2% target
Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for rate cuts among investors who fund most home loans.
Judge grants final approval to 9 commission lawsuit settlements
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.
Judge rules in favor of Serhant over KW Black Label in recruitment suit
Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia's luxury market in 2023.
KW relaunches BOLD coaching program amid changing times
Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry.