by | Sep 11, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News |
On Aug. 17, 2024, a landmark settlement with the National Association of REALTORS® (NAR) changed how commissions are handled. This gives buyers more control in negotiating their fees and the potential of paying their agent’s compensation directly. As commissions shift...
by | Sep 11, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News |
Artificial Intelligence (AI) is no longer a concept of the future; it’s a tool that’s transforming industries right now, and real estate is no exception. Many agents may feel apprehensive about AI, fearing that it will replace the human touch that is so critical to...
by Beth McGuire | Sep 11, 2024 | Industry News, Latest News, National, News, Premier |
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage rates hit their lowest level in six weeks and a 25-basis point interest rate cut by the Federal Reserve is likely in the offing. This week’s...
by | Sep 11, 2024 | Agents, Brokers, Lead Story, National, News, Premier |
NextHome has become the latest brokerage to strike a settlement agreement with seller plaintiffs in ongoing commission lawsuits, joining more than a dozen other defendants who have negotiated deals in the largest Burnett copycat case (known as Gibson) led by star...
by | Sep 11, 2024 | Industry News, Latest News, National, News, Premier |
In a seemingly positive sign for consumers, inflation has now posted the lowest recent annual increase two months in a row. Previously, in July 2024, the Consumer Price Index (CPI)—key inflation gauge assembled by the U.S. Bureau of Labor Statistics—rose only 2.9%...
by | Sep 11, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
They’re the yangs to the high-mortgage-rate yins. The homeowners who have the 3% – 4% 30-year mortgage rates and have, over the last few years, refused to vacate, logically in most cases as they have not wanted to take on new mortgages in the 6% – 8%...