by | May 8, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 earning report, showed solid first quarter revenue of $225.5 million, an increase of 5% compared to the first quarter of 2023. Gross profit was...
by | May 8, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Plaintiffs in Batton, the largest commission-focused case filed by homebuyers, are seeking to delay approval of settlements that brokerages agreed to in cases filed by homesellers, according to a court filing today, claiming at least two companies are attempting to...
by | May 7, 2024 | Agents, Industry News, Latest News, National, News |
In the wake of recent headlines surrounding the National Association of REALTORS®’ lawsuit settlement and the Department of Justice’s renewed interest in investigating commission practices, skepticism regarding the value of real estate professionals has surfaced...
by | May 7, 2024 | Consumer, Industry News, Latest News, National, News |
The latest monthly update to the Fannie Mae Home Purchase Sentiment Index (HSPI)–for April 2024–shows the index at 71.9 percentage points (representative of how many consumers think now is a good time to buy). The rating is unchanged from March 2024 and 5.1 points...
by | May 7, 2024 | Agents, Education, Industry News, Latest News, National, News |
ERA® Real Estate has announced the launch of its ERA Coaching Program. The program, designed for all ERA-affiliated agents regardless of experience level, is offered at no cost to participants. The ERA Coaching Program will gather agents in their brokerage’s office...
by | May 7, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase to 5.05...