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Cooperative Compensation Removed From Revamped CAR Forms

USA Real Estate News-RISMedia - Fri, 2024-07-12 12:58

Despite recent scrutiny, the California Association of REALTORS® (CAR) has shown a willingness to take feedback and adapt ahead of fast-approaching policy changes slated to hit the industry. CAR officials announced Wednesday that 30 new and revised forms were released as part of a semi-annual standard forms update. Most notably, the real estate organization has…

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What agents should know about recent Golden Visa changes

USA Real Estate News-Inman - Fri, 2024-07-12 12:23
As luxury clients dream about far-flung escapes this summer, agents should be aware of recent changes to Golden Visa programs — and know where their clients can still invest to gain residency.

What a Difference Three Decades Can Make: Embracing Failure for Success

USA Real Estate News-RISMedia - Fri, 2024-07-12 12:10

The year was 1994. Netscape Navigator came to market, Tom Hanks portrayed Forrest Gump and we couldn’t get “The Lion King’s” “Hakuna Matata” out of our heads.  It was also the year two pioneering tech companies were born: Amazon and Delta Media Group. Both tech startups would share a common lineage by building success through…

The post What a Difference Three Decades Can Make: Embracing Failure for Success appeared first on RISMedia.

Utah’s Stratus Real Estate Solutions Joins RE/MAX

USA Real Estate News-RISMedia - Fri, 2024-07-12 12:08

RE/MAX has announced the affiliation of Utah’s Stratus Real Estate Solutions to the brand.. Now operating as RE/MAX Stratus, the 60 agents with the office will continue to serve buyers and sellers throughout the Wasatch Front. Of the transition, Ernad Mehinovic, principal broker and local real estate expert, said that he “wanted to be with…

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Harry Norman, REALTORS® Announces Launch of New Luxury Services Division

USA Real Estate News-RISMedia - Fri, 2024-07-12 11:53

Harry Norman, REALTORS® has announced the launch of its Luxury Marketing Services Team, a new division dedicated to providing exceptional service to clients buying and selling premier properties in the Atlanta region and beyond. Led by Vice President of Luxury and Culture Emily Norris, Harry Norman, REALTORS® stated that this specialized marketing division underscores the…

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Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%

USA Real Estate News-RISMedia - Fri, 2024-07-12 11:39

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As of July 11, 2024, the average 30-year mortgage rate is 6.89% (down from 6.95% the previous week). The 15-year rate is 6.17% (down from 6.25%).  For mortgage rates to come down, interest rates will…

The post Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7% appeared first on RISMedia.

Richard Simonelli returns to CoStar as company strengthens C-suite

USA Real Estate News-Inman - Fri, 2024-07-12 11:21
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after six years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer.

King Charles III purchases NYC Billionaires’ Row condo for $6.6M

USA Real Estate News-Inman - Fri, 2024-07-12 11:15
News of the condo's acquisition came after "His Majesty the King in Right of Canada" was listed as a buyer in the Steinway Hall portion of the property. 

Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly

USA Real Estate News-RISMedia - Fri, 2024-07-12 11:10

The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, a rising tide of higher mortgage rates has reshaped the landscape and, notably, is creating a shrinking pool of homeowners with mortgage rates below 5%, according to the July ICE Mortgage Monitor Report. That means…

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‘Historic’ agreement aims to break racial barriers in appraisal industry

USA Real Estate News-Inman - Fri, 2024-07-12 11:00
The Appraisal Foundation will establish $1.22 million scholarship fund to help aspiring appraisers navigate "an alternative, more inclusive path" for fulfilling experience requirements that are said to have contributed to a lack of diversity.

NAR and DOJ, CoStar and Realtor.com and more: Inman Top 5

USA Real Estate News-Inman - Fri, 2024-07-12 09:59
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.

A Winning Approach to Training and Coaching

USA Real Estate News-RISMedia - Fri, 2024-07-12 09:49

In today’s complex and competitive real estate market, ongoing training and coaching is crucial for professionals aiming to succeed and stand out. In addition to equipping real estate professionals with the necessary tools to refine their skills, improve service delivery and enhance their negotiation capabilities, prioritizing training and coaching is essential to maintaining relevance and…

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