Real Estate News by RealEstateNews.com
WEBGet the latest news and insights on the real estate industry, from market data and trends to legal and regulatory issues. Read stories on portals, associations, brokerages, agents, technology and more.
NAR to sellers: Concessions could ‘lead to better, faster offer’
WEB5 hours ago · The latest addition to NAR's post-settlement consumer guides tackles seller concessions, with a focus on clarifying what they are — and how they can be used to pay agents, but are not the same as offers of compensation. "Concessions could make your property more attractive to buyers or lead to a better or faster offer," the guide states.
Lower rates attract refinancing — are home buyers next?
WEB2 hours ago · The first week following the Federal Reserve's decision to start cutting interest rates showed some signs of life but no big rally in the real estate industry.. Mortgage rates were particularly quiet this week, according to Freddie Mac's Sept. 26 survey. The 30-year fixed-rate mortgage averaged 6.08%, down slightly from last week's 6.09%.
New home sales may have hit a rates-related speed bump
WEB1 day ago · Sales of new homes slipped in August as home buyers appeared to wait and see what would happen with interest rates. New home sales came in at a seasonally adjusted annual rate of 716,000 last month, according to estimates from the U.S. Census Bureau.That's down 4.7% compared to July but still robust compared to a year ago when the annual rate was at 652,000.
Buyers backing out of deals in record numbers as market shifts
WEBKey points: Redfin reported this week that home contract cancellations are back on the rise and hit the highest level for any June on record. “The monthly costs associated with …
Trends 2024: The 4 main brokerage models, and how they’ve …
WEBDec 11, 2023 · Learn about the four main brokerage business models and how they differ in commission splits, fees and lead generation. See examples of traditional, capped, fee-based and business generation brokerages and how they evolved from 2017 to 2022.
Trends 2024: Big brokerages are scooping up more deals
WEBBigger brokerages, more market share. Production is increasingly concentrated among the nation's largest brokerages. For example, the five largest brokerages increased their …
Redfin ramping up, sees a brighter spring ahead
WEB2 days ago · Aleem, who leads Redfin's agents as the chief of real estate services, said pushing its new commission split program Redfin Next has led to the addition of more than 280 agents since the beginning of the year. Given that the Redfin had less than 1,700 agents at the end of 2023, that's a significant boost — more than 16%.. The Redfin Next program is scheduled to go nationwide on Oct. 27 ...
Top 1000 Brokerages (Mega 1000) by Sales Volume
WEBFind out which brokerages dominated the residential real estate market in 2021 based on sales volume, transaction sides and agent count. Compare the rankings and trends of the top 1,000 brokerages from T3 Sixty Report.
Brokerage Beat: News from Real, The Agency, ERA, eXp, Coldwell …
WEBApr 6, 2024 · A roundup of the latest news and updates from various real estate brokerages across the U.S. and globally. Learn about new offices, mergers, milestones and innovations from Real, The Agency, ERA, eXp and Coldwell Banker.
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