Buying a home involves multiple steps, including providing an earnest money deposit. This deposit is a sign of good faith between the buyer and seller. It indicates the buyer’s commitment to purchasing the property. However, losing this deposit can be a significant financial setback. I will guide you with the following information so you don’t…
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Above, Laura Roman Six years ago, I left the corporate world to join my husband in the real estate industry. With a background in human resources, operations management, commercial insurance and customer service, I brought a well-rounded perspective to better serve our clients. Our goal was clear: to focus on serving our clients, building relationships…
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Above, Ryan Platzke Growing up in Michigan, Ryan Platzke took an interest in a neighbor’s real estate and insurance business—so much so that he majored in Real Estate Sales and Marketing at Ferris State University. An invitation by his uncle took him to Minnesota, where he joined Coldwell Banker in 2002 and the rest, as…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Settlements from large brokerages have continued to cause ripples as copycat lawsuits of Burnett and other commission lawsuits persist. While some pending or approved settlements have caused proceedings to be paused in some…
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The deadline to submit nominations for RISMedia’s 2024 Rookie of the Year is quickly approaching. Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5. RISMedia’s Rookie of the Year program, sponsored by industry education leader, Colibri Real Estate, is designed to honor real estate agents who are new to the business…
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The June issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at Jason Mitchell Group’s brokerage model and how its difference from the industry standard has bred success. In addition, we look at Premiere Plus Realty’s merger with United Real Estate, what…
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ATTOM’s latest second quarter 2024 Vacant Property and Zombie Foreclosure Report showed that there are nearly 1.3 million vacant residential properties in the U.S—the same as the first quarter of 2024. The report also indicated that 237,208 residential properties nationwide are in the process of foreclosure in this year’s second quarter, down 2.3% from Q1,…
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Above, Jason Mitchell Forget the traditional real estate agent model. The Jason Mitchell Group has built a different kind of brokerage with strategic referral partnerships at its center. In the process, JMG is scaling its growth, redefining the agent-client relationship and showing why its model is the real estate brokerage of the future. The real…
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Two of the nation’s fast-growing REALTOR® associations have announced that their members voted and approved a unification that forms the third-largest local REALTOR® association in Florida, and the sixth-largest association in the nation. The Pinellas REALTOR® Organization (PRO/CPRO) and Greater Tampa REALTORS® (GTR) will merge to become Tampa Bay REALTORS® (pending NAR approval), serving over…
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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. –Mortgage rates ticked back up above 7% after weeks of declines, according to the latest data from Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 7.03%, up from 6.94% last week, and the 15-year FRM…
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When two competing corporations face off aggressively and publicly, it can often make for great theater, which is what’s happening in the residential real estate realm. Realtor.com® and Homes.com have taken to launching broadsides at each other as the two portal giants battle for second place behind Zillow for home-search site-traffic supremacy. But as with…
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The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a similar gain in March. It’s not a wholly positive sign for those hoping that the U.S. central bank will cut interest rates soon, as it suggests the elevated pace of price increases could last longer…
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It’s no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According to a recent analysis by Clever Real Estate, the median household can only afford the typical home in four states: West Virginia, Ohio, Iowa and Indiana. The latest homeowner affordability data is based on the…
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