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COURT REPORT: Buyer Copy-Cat Nears Settlement; NAR Addresses ‘Steering’

USA Real Estate News-RISMedia - Mon, 2024-06-10 12:23

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Settlements still play a significant role in the landscape of real estate, whether that be the impact of the National Association of REALTOR®’ (NAR) settlement, which claimed this week that its practice changes…

The post COURT REPORT: Buyer Copy-Cat Nears Settlement; NAR Addresses ‘Steering’ appeared first on RISMedia.

Brokers Strongly Favor Raising Standards for Real Estate Licenses

USA Real Estate News-RISMedia - Mon, 2024-06-10 12:22

Between the critics who have promulgated accusations of real estate price-fixing and conspiracy, and the brokers who have long championed industry ethics and practices, there has been little room for agreement. But at least one thing appears to unite these two groups, according to RISMedia’s latest Broker Confidence Index (BCI). The process for agents to…

The post Brokers Strongly Favor Raising Standards for Real Estate Licenses appeared first on RISMedia.

CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders

USA Real Estate News-RISMedia - Mon, 2024-06-10 12:17

Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage “junk fees” that are often tacked onto closing costs, launching a formal inquiry into the issue, according to…

The post CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders appeared first on RISMedia.

Two Days Left to Nominate a 2024 Rookie of the Year

USA Real Estate News-RISMedia - Mon, 2024-06-10 12:05

If you haven’t already nominated a 2024 Rookie of the Year, you have just two days left! The nomination page will close this Wednesday, June 12 at 11:59 p.m. Nominations may be submitted here.  RISMedia’s third-annual Rookie of the Year program, sponsored by industry education leader, Colibri Real Estate, is designed to honor real estate…

The post Two Days Left to Nominate a 2024 Rookie of the Year appeared first on RISMedia.

Trump-branded condo struggles to lose convicted president’s name

USA Real Estate News-Inman - Mon, 2024-06-10 11:10
An effort to elect new leadership to replace the Trump-friendly condo board at Manhattan's Trump World Tower failed last week.

LeadingRE Adds RealScout to Solutions Group Program

USA Real Estate News-RISMedia - Mon, 2024-06-10 10:45

Leading Real Estate Companies of the World® has announced the inclusion of RealScout to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms.  LeadingRE stated that RealScout streamlines the process of keeping buyers and sellers informed with relevant market updates, listing alerts, and home valuation reports,…

The post LeadingRE Adds RealScout to Solutions Group Program appeared first on RISMedia.

Zillow, Redfin, Better seek to grow their mortgage businesses

USA Real Estate News-Inman - Mon, 2024-06-10 10:35
Even in a down market, companies can uncover key insights to grow market share, Mike DelPrete writes, as long as they have the cash to invest.

Lesson Learned: Take your fiduciary responsibility seriously

USA Real Estate News-Inman - Mon, 2024-06-10 04:00
Find out how "consummate student" and San Francisco agent Chris Jurach keeps challenging himself to "learn new things, read and listen to books, and gather fresh ideas."

Agents have complicated feelings about NAR, new Intel survey finds

USA Real Estate News-Inman - Mon, 2024-06-10 04:00
Agents who rely on NAR primarily to protect their public image are less certain the trade group — which still enjoys broad approval — is a net positive for the industry, according to Intel poll results.

MLSs remain valuable tools after the NAR settlement

USA Real Estate News-Inman - Mon, 2024-06-10 03:30
As compliance becomes even more top of mind for the industry, Realtracs CEO Stuart White writes, MLSs have an enhanced role as a reliable resource to support professionals in following developing processes and procedures.
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