What to watch for at NAR's annual conference this week
NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics
President of Greenwich Association of Realtors joins BHS
Bryan Tunney will serve as executive vice president and managing director of sales in Greenwich and help support and manage the office's roughly 30 agents
Fannie, Freddie ordered to slash fees for many first-time homebuyers
Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance Agency said Monday
by Matt Carter Oct 25
Judge orders Zillow to give REX FSBO listing data
Federal court in Seattle grants discount brokerage's motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general
by Andrea V. Brambila Oct 20
Existing-home sales drop for 8th straight month in September
Existing-home sales sagged 1.5% to a seasonally adjusted annual rate of 4.71M, 23.8% lower than in September 2021, according to data released Thursday by the National Association of Realtors
by Ben Verde Oct 20
NYC real estate commissions are all over the map: Consumer watchdog
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1% in parts of Brooklyn to 3% in Manhattan
by Andrea V. Brambila Oct 20
Rent-to-own startup Landis raises $40M from Google, Jay-Z and NAR
The new Series B funding will go toward boosting the company's homeownership coaching program, growing its team and expanding to new markets
by Andrea V. Brambila Oct 18
Industry groups renew push for lower FHA mortgage premiums
Black Homeownership Collaborative also asks HUD to ditch a 'life of loan' requirement that forces homeowners to continue paying mortgage insurance premiums in perpetuity
by Matt Carter Oct 17
How much does a real estate agent make?
From the hours agents put in to the years of experience they have, several variables determine what kind of income agents can bring in any given year
by Lillian Dickerson Oct 14
Inflation up 8.2% over last year — and housing is largely to blame
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history
by Daniel Houston Oct 13
RentSpree, SentriLock link up on software services for renters
RentSpree wants to expand through partnerships, relying on a number of already established industry partners bettering the way people rent and the agents that deliver those processes
by Craig C. Rowe Oct 12
Minneapolis Realtors apologize for racial discrimination in real estate
'Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.' Trade group also releases policy changes
by Andrea V. Brambila Oct 12
Realtor vs. Real Estate Agent: What's The Difference?
Many consumers aren't sure what the difference is — or whether there even is one
by Amy Tankersley Oct 11
Seeking clout, MLS trade group taps ex-DOJ and FTC antitrust lawyers
The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies
Court thwarts NAR, orders execs to turn over evidence in REX case
Brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies 'limiting both how homes are listed online and the negotiation of commissions'