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Massachusetts RE/MAX Brokerage Expands With Three New Offices

USA Real Estate News-RISMedia - Wed, 2024-05-22 14:43

Above, from left, Heather Grant Murray, Jack Brown and Mandy Caruso RE/MAX Beacon of Essex County, Massachusetts has announced the brokerage has acquired three RE/MAX 360 offices, located in Marblehead, Beverly and Gloucester. More than 20 agents and staff members joined the RE/MAX Beacon company as part of the acquisition, which was finalized in early…

The post Massachusetts RE/MAX Brokerage Expands With Three New Offices appeared first on RISMedia.

DOJ sends signal to industry in first commission comment since March

USA Real Estate News-Inman - Wed, 2024-05-22 14:35
Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department's impression of the proposed NAR settlement.

Home Warranties a True Value-Add in Today’s Low-Inventory Environment

USA Real Estate News-RISMedia - Wed, 2024-05-22 13:29

Above, Brad DeVries Like many of his colleagues and counterparts across the nation, Brad DeVries—president and CEO of HUFF Realty, Rector Hayden REALTORS® & Semonin REALTORS®, Berkshire Hathaway affiliates serving Kentucky, Indiana and Ohio—is laser-focused on successfully navigating a market defined by constricted inventory and high interest rates.  Continuing to emerge from a distressed economy,…

The post Home Warranties a True Value-Add in Today’s Low-Inventory Environment appeared first on RISMedia.

Agents need to embrace the new and the old to succeed

USA Real Estate News-Inman - Wed, 2024-05-22 11:44
Danny Hertzberg, Jill Hertzberg and others shared the stories and tips that helped them succeed while on stage Wednesday at Inman Connect Miami.

With growing demand, Real launches luxury division

USA Real Estate News-Inman - Wed, 2024-05-22 11:30
Several months after Kofi Nartey announced his team's move to Real, the brokerage has launched a new luxury division with Nartey serving as executive director.

Mortgage Applications Up for Third Straight Week

USA Real Estate News-RISMedia - Wed, 2024-05-22 11:25

Thanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady increase for the third-straight week. This week, applications are up 1.9% from last week’s slight uptick of 0.5%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week…

The post Mortgage Applications Up for Third Straight Week appeared first on RISMedia.

Zillow launches AI tool to stop fair housing discrimination

USA Real Estate News-Inman - Wed, 2024-05-22 11:24
The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The code is available on GitHub.

VA Will Suspend, Work On Changing Rule That Bans Buyer Commission

USA Real Estate News-RISMedia - Wed, 2024-05-22 11:20

The U.S. Department of Veterans Affairs (VA) plans to issue a circular before June 12 in the wake of the National Association of REALTORS®’ (NAR) historic settlement, with hopes to “bridge the gap” on the buyer commission prohibition between buyers agents and veterans. Department of Veterans Affairs Deputy Director for Policy Michelle C. Corridon announced…

The post VA Will Suspend, Work On Changing Rule That Bans Buyer Commission appeared first on RISMedia.

Spring Sales Down, But Million-Dollar Listings Boom

USA Real Estate News-RISMedia - Wed, 2024-05-22 10:57

Existing-home sales receded in April, according to the National Association of REALTORS® (NAR) latest report, released May 22. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—slid 1.9% from March…

The post Spring Sales Down, But Million-Dollar Listings Boom appeared first on RISMedia.

As disruption mounts, top agents will be dominant: Jimmy Burgess

USA Real Estate News-Inman - Wed, 2024-05-22 10:53
The CEO for Berkshire Hathaway HomeServices Beach Properties of Florida argued at Inman Connect Miami on Wednesday that real estate is like a race — and this moment is similar to a curve.
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