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Why Brokers Must Keep Their Investments in SEO Intact
Real estate brokerages are experiencing enormous pressure on their already razor-thin profit lines as they face declining sales volume, mortgage rate uncertainty, stagnant inventory, recruiting and retention contraction, commission compression, agent productivity reduction, the impact of team growth and threats of new lawsuits. RTC Consulting reports that real estate brokerages average gross margins of less…
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Ask the Newsmakers: Ending the Year on a High Note
Above (left to right): Stephanie Anton, Shirene Hazel, Liz Nunan and Bill Pankonin. With just a few weeks left in a year plagued by inflation, high interest rates, a scarcity of inventory and the aftereffects of the Burnett trial outcome and the ensuing copycat lawsuits, real estate professionals are busy preparing for the year ahead.…
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Mortgage Rates Stall Following Elections Results and Fed Rate Cut
After six straight weeks of increases, mortgage rates leveled off this week, rounding out a host of recent market-moving events including the election, a 25-basis point cut by the Fed and the first annual inflation increase in seven months. The 30-year fixed-rate mortgage (FRM) averaged 6.78% this week, down from last week’s average of 6.79%,…
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Rental Beast Announces Collaboration with Realtor.com® to Streamline Rental Application Process
Rental Beast has announced a strategic collaboration with Realtor.com®. As Realtor.com®’s new application provider for MLS rentals, Rental Beast stated it is poised to transform the rental application process, making it faster and more efficient for renters, listing agents and landlords. Rental Beast stated its collaboration with Realtor.com® aims to alleviate the daunting task of…
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Unlock the power of repurposing long-form content for social media
Tune in to Inman Access, and learn how to transform long-form content into 18-20 bite-sized, high-impact pieces for your social media channels.
Century 21 Expands into Greece, India and The United Arab Emirates
Century 21 Real Estate LLC has announced the expansion of its international presence with the recent signings of three new Master Franchise Agreements in Greece, India and the United Arab Emirates (UAE), tapping into the growing markets in each of these countries. The brand stated it welcomes Antonios Kallas and his two sons, Yannis and…
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Mortgage access for Black buyers blamed for widening ownership gap
Mortgage discrimination and appraisal bias are eroding Black homeownership gains, according to the National Association of Real Estate Brokers' State of Housing in Black America.
Judge Denies eXp’s Request for Pause, Putting Settlement Approval on Hold
A judge overseeing the largest copycat commission lawsuit today denied eXp’s request to pause the case against them based on a settlement agreement in a separate, smaller lawsuit, ordering both eXp and Weichert—which also settled in the smaller copycat—to allow him and plaintiff attorneys to review the “timing and circumstances” of those settlements. Plaintiffs in…
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Dozens of homebuyers may join a Florida-based commission suit
The Lutz case names HomeServices of America and Douglas Elliman as defendants. A new filing would add 31 additional plaintiffs — some of whom are involved in other cases.
The Changing Dynamics of Luxury Real Estate
Above, from left: Riezl Baker, Jennifer Hoff, Scott Durkin, Louise Phillips Forbes and Kate Reisinger. Photo by AJ Canaria. When it comes to finding success in the luxury real estate arena, understanding the nuances of the market(s) you’re working in is critical. And while luxury markets differ from one area to the next, setting yourself…
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Samantha Giuggio named Fathom Realty president, COO transitions
Fathom Holdings has announced Samantha Giuggio as Fathom Realty president and Fathom Holdings chief operations officer and Jon Gwin's appointment as chief revenue officer.
NAR hit with new 3-way agreement suit as enrollment imbroglio builds
The antitrust lawsuit filed by broker John Diaz in U.S. District Court in Los Angeles claims the membership agreement creates "an anti-competitive monopoly over MLS services."
