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Integrity in Real Estate
Updated: 45 min 13 sec ago

Brokers Parse Out ‘Portal Wars’ Alongside Early 2024 Jitters

Mon, 03/11/2024 - 09:40

Leaning into the stiff headwind of 7% mortgage rates and facing the prospect of more turbulence from the macroeconomy, brokers saw their confidence falter last month, though sentiment continues to trend higher during what is traditionally the slowest season for real estate. RISMedia’s latest Broker Confidence Index (BCI) fell to 6.4 from 6.6 last month,…

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Coldwell Banker Agent Named First-Ever What Moves Her® Award Winner

Mon, 03/11/2024 - 09:38

What Moves Her® announced Joanne Liscovitz, agent with Coldwell Banker Realty, as the inaugural winner of the Moved By Her Power Award. The award honors women who have made a significant impact in the industry and their communities. Out of the more than 100 submitted individuals within the real estate industry, What Moves Her® stated…

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COURT REPORT: Dismissal and Stay in Whaley vs. NAR; Keller Williams Fraud Lawsuit Develops

Mon, 03/11/2024 - 09:25

In the post-Burnett world, commission lawsuits continue to evolve across the industry. Cases such as Whaley vs. NAR, Gibson vs. NAR and Willsim Latham vs. Metrolist have all seen recent developments ranging from motions to stay, amended complaints and voluntary dismissals. While the commission issues pursue, a fraud lawsuit previously filed against Keller Williams sees…

The post COURT REPORT: Dismissal and Stay in Whaley vs. NAR; Keller Williams Fraud Lawsuit Develops appeared first on RISMedia.

Webinar Recap: Back to Basics—Business-Building Skills That Never Fail

Mon, 03/11/2024 - 06:37

In the latest RISMedia webinar—“Back to Basics: Business-Building Skills That Never Fail”—panelists Art Obleton, Jr., REALTOR® at eXp Realty; Kelly Sand, REALTOR® at CENTURY 21 Morrison Realty HomeVest Team; and Abby Waltz, national director at Homes for Heroes, discuss the strategies, skills and fool-proof approaches every agent should know, learn and utilize for long lasting…

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Women in Real Estate: It’s Time to Be Fearless

Fri, 03/08/2024 - 12:36

It’s been pointed out for decades that, “Ginger Rogers did everything Fred Astaire did, except backwards in high heels.” Yet despite the wry, if credible, suggestion that females have at least as much talent, flexibility and gumption as their male counterparts, women still lag far behind men in top-tier leadership roles. Now, in a time…

The post Women in Real Estate: It’s Time to Be Fearless appeared first on RISMedia.

North Dakota REALTOR® Appointed to Century 21 Dick Loughlin International Hall of Fame

Fri, 03/08/2024 - 12:09

Above, Amy Hullet Century 21 Real Estate has announced that REALTOR® Amy Hullet of CENTURY 21 Morrison Realty in Bismark, North Dakota has been inducted into the CENTURY 21® Dick Loughlin International Hall of Fame (IHOF). Hullet was recognized for her dedication to the advancement of real estate professionals and commitment to giving back to…

The post North Dakota REALTOR® Appointed to Century 21 Dick Loughlin International Hall of Fame appeared first on RISMedia.

Ask The Newsmakers: Rising Through the Ranks

Fri, 03/08/2024 - 09:38

Above, from left, DeAnn Golden, Stacey Johnson-Cosby, Jackie Louh and Laura O’Connor In honor of Women’s History Month, we asked a few of our 2024 Real Estate Newsmakers to reflect on their leadership journey by answering this question: “You’ve impressively risen through the ranks in the real estate industry. What most contributed to your ability…

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Job Growth Remains Strong, but Rise in Unemployment Creates Mixed Picture

Fri, 03/08/2024 - 09:35

Job growth news remained positive in February, with companies adding nonfarm payroll workers at the continued strong pace of 275,000 last month, but less robust than January’s 353,000 new jobs; unemployment also broke its hold-steady pace, rising 3.9%, creating a mixed picture of a potentially softening labor market. This, according to the latest jobs report…

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Legislative Round-Up: Two Bills Currently Under Consideration Aim to Protect the Independent Contractor Status, Access to Affordable Housing

Fri, 03/08/2024 - 09:24

Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. H.R. 5419: Direct Seller and Real Estate Agent Harmonization Act Introduced to the U.S. Congress in September 2023, the bill if passed would amend the Fair Labor Standards Act of 1938 to clarify that…

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Op-Ed: Reap the Rewards of Repeat and Referral Business With a Concerted Effort to Stay in Touch

Fri, 03/08/2024 - 09:02

Given the myriad challenges that defined the 2023 real estate market, from low inventory to mortgage rates surging to a 23-year high—and everything in between—it’s not surprising that existing-home sales, measuring 4.09 million, sank to their lowest level in 30 years. With a lack of inventory plaguing markets across the board, and homeowners holding onto…

The post Op-Ed: Reap the Rewards of Repeat and Referral Business With a Concerted Effort to Stay in Touch appeared first on RISMedia.

Mortgage Mix: First-Time Homebuyers Make Headway as Mortgage Market Shifts

Fri, 03/08/2024 - 08:56

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. A new report from ICE found that despite the mortgage market challenges faced last year, first-time homebuyers made significant headway as they claimed 47% of government sponsored enterprise (GSE) purchase loans and 39% of all…

The post Mortgage Mix: First-Time Homebuyers Make Headway as Mortgage Market Shifts appeared first on RISMedia.

NAR, NAHB Issue Statements on Proposed Housing Measures in SOTU

Fri, 03/08/2024 - 08:37

In his State of the Union Address (SOTU) last night, President Joe Biden briefly addressed some housing-related issues, namely housing affordability, with proposals for change that industry groups generally praised. In his speech, Biden called for a $10,000 credit for first-time homebuyers as well as a $10,000 credit for people who sell starter homes. The…

The post NAR, NAHB Issue Statements on Proposed Housing Measures in SOTU appeared first on RISMedia.

This Women’s History Month, Celebrate the 50th Anniversary of the Equal Credit Opportunity Act

Fri, 03/08/2024 - 08:03

In 1972, the National Commission on Consumer Finance issued a report identifying troubling patterns of credit discrimination against women. The report detailed how single women had more trouble obtaining credit than single men, creditors were unwilling to extend credit to a married woman in her own name, and women who were divorced or widowed had…

The post This Women’s History Month, Celebrate the 50th Anniversary of the Equal Credit Opportunity Act appeared first on RISMedia.

Can Manufactured Housing Help Address Challenges Surrounding Home Affordability?

Fri, 03/08/2024 - 07:41

When you picture a new home being built, you probably picture the construction occurring onsite. Manufactured housing flips this on its head with a home being built remotely, factory-style, then transported to the land where it will rest.  While Housing and Urban Development (HUD) Secretary Marcia Fudge has previously spoken of manufactured housing as a…

The post Can Manufactured Housing Help Address Challenges Surrounding Home Affordability? appeared first on RISMedia.

5 Must-Use Real Estate Negotiation Tactics

Thu, 03/07/2024 - 11:57

The ability to negotiate successfully enhances an agent’s reputation, fosters client satisfaction and contributes to long-term success in the competitive real estate world.  Let’s explore five must-use techniques to improve your negotiation skills and facilitate better deals, getting you more “yeses” at the closing table. Keep communication on the phone or in person Although digital…

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4 Metrics Buyer Agents Can Use to Quantify Their Value

Thu, 03/07/2024 - 11:48

The value of buyer agency remains under a microscope, with each successive commission lawsuit asserting more explicitly that buyer representatives are underworked and overpaid. While most consumers are not closely following these developments, with another trial scheduled for later this year and the increased chance of a forced “decoupling” of compensation, buyer agents everywhere need…

The post 4 Metrics Buyer Agents Can Use to Quantify Their Value appeared first on RISMedia.

Single Women Homebuyers Redefining Market Norms and Trends

Thu, 03/07/2024 - 11:38

Women are a dominant force in the U.S. real estate industry, comprising 62% of REALTORS®. Moreover, single women are the second-largest group of buyers after married couples. Therefore, it’s fitting that we celebrate how women impact the real estate market during Women’s History Month. According to the 2023 National Association of REALTORS®’ Profile of Homebuyers…

The post Single Women Homebuyers Redefining Market Norms and Trends appeared first on RISMedia.

Challenges and Limitations of Price Per Square Foot in Real Estate Valuation

Thu, 03/07/2024 - 11:34

Price per square foot emerges as a foundational metric within real estate, offering a rudimentary gauge for assessing property values. By dividing a property’s price by its total square footage, PPSF yields a figure that ostensibly facilitates direct comparisons across diverse properties. Its appeal lies in its simplicity, allowing a quick snapshot of value to…

The post Challenges and Limitations of Price Per Square Foot in Real Estate Valuation appeared first on RISMedia.

Mortgage Rates Dip Down This Week

Thu, 03/07/2024 - 09:20

Mortgage rates dipped slightly this week edging down from last week’s average of 6.94%, to 6.88% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:  The 30-year FRM averaged 6.88% as of March 7, 2024, down from last week when it averaged 6.94%. A year…

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Plaintiffs’ Lawyers Request $82 Million From Burnett, Moehrl Settlements

Thu, 03/07/2024 - 09:06

Although the legal battle over commissions and anti-trust in real estate is far from over, lawyers representing plaintiffs in the two oldest commission suits are hoping their payday comes sooner rather than later, as last week they filed their official request for “reasonable attorney fees” to be drawn from settlements. Just under $70 million of…

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