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New RISMedia Study Finds Commissions Fell Sharply After August 17
Yesterday, RISMedia unveiled its groundbreaking 2024 Contract & Commission Study, providing the first comprehensive analysis of how real estate commissions have changed in the wake of recent policy mandates—including who was most affected, how companies are adapting and which regions were seemingly best prepared for the new requirements. Maybe most importantly, though, the RISMedia Premier-exclusive…
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Year-Round Northeast Luxury Destinations Join Most Expensive Zip Codes
A significant portion of high-end properties are seeing rising median sale prices this year, with several areas achieving record highs. Explore the most expensive zip codes for 2024, according to a report from PropertyShark, and learn key trends, standout locations and the shifting dynamics that define this elite segment of the market. Leading zip code…
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Real Estate and Technology Industry Veterans Launch The Helm
Real estate and technology industry veterans Danielle Wilkie and Heather Frick have announced the launch of The Helm—a coaching platform powered by trusted female minds in real estate. The Helm addresses a need for a more distinct coaching platform tailored to fit the occupational needs of seasoned female professionals within the real estate industry, as…
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Nation’s Largest MLS’s Team Up to Provide Reciprocal Listing Data
California Regional MLS (CRMLS) has announced the multiple listing service has teamed up with Bright MLS to offer their users reciprocal data access to each other’s listings. The reciprocal data access is available as of today through Matrix, and users do not require separate credentials, the organization noted As more Americans move across state lines,…
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Pending Home Sales Jump in September, but Near Future Unsure
Pending home sales have grown for the second consecutive month—leaping 7.4% and reaching the highest level seen since March—due to lower mortgage rates and rising inventory. The rise, however, may be short lived, according to some economists. NAR’s September Pending Home Sales Index jumped to 75.8, following August’s minor rise of 0.6% and nearing March’s…
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U.S. Economy in ‘Much Better Place Than Anybody Expected,’ but There Are Some Risks
DENVER, Colo.—Doom-and-gloom headlines about the U.S. economy have been everywhere. But compared to the rest of the world, the U.S. is exceeding expectations as other global superpowers struggle to find their economic footing, renowned economist Mohamed El-Erian said Monday at the Mortgage Bankers Association Annual Conference & Expo in Denver. El-Erian, president of Queens’ College…
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World Series of Luxury: Final 4 Dodger, Yankee luxury homes left
EXp Realty updates agent revenue share model amid recruitment bid
Mortgage Applications Flat After Rates Hit 4-Month High
Mortgage applications were essentially flat this week, decreasing only slightly, yet still reflecting buyer reservations, economists say, with rates hitting a four-month high and market volatility related to the election and the upcomingFed meeting. According to the latest Weekly Applications Survey from the Mortgage Bankers Association, purchase applications fell for the fifth-straight week, down 0.1%…
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Agent to the stars Tomer Fridman quietly leaves Compass
Renewed buyer activity boosts pending home sales 7.6%
Plugging Into JMG: Your Accelerator for Business Growth
The Jason Mitchell Group (JMG), America’s #1 real estate referral brokerage, is opening the doors to team leaders and broker-owners who are ready to take their business to the next level. By partnering with JMG, brokerages gain access to a robust system designed to fuel growth through consistent high-quality referrals, exclusive partner relationships, and nationwide…
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