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Integrity in Real Estate
Updated: 1 hour 51 min ago

THE PLAYBOOK: How to Turn the Burnett Trial Conversation Into a Positive

Wed, 01/03/2024 - 11:09

Editor’s Note: The Playbook is an RISMedia ongoing segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series.  It’s the new…

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LendingTree Takes a Look at 2024

Wed, 01/03/2024 - 11:00

2023 has come to the end with a positive outlook. The Fed paused rates for two consecutive months, unemployment is low, GDP growth has been on the up, mortgage rates have been going down, and so on. The question on everyone’s minds is: will this positive trend continue in 2024? LendingTree’s latest report, penned by…

The post LendingTree Takes a Look at 2024 appeared first on RISMedia.

Plaintiffs Seek Consolidation of Class-Action Cases Under Burnett Judge

Wed, 01/03/2024 - 10:22

Lawyers representing plaintiffs in two commission lawsuits are petitioning to have nine of the largest class-action lawsuits consolidated in a single district to be overseen by the same judge who presided over the Burnett case. The petition, filed just before the new year, asks the United States Judicial Panel on Multidistrict Litigation to centralize the…

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After Brief Surge, Mortgage Applications Continued Decreasing Over Two-Week Period

Wed, 01/03/2024 - 09:57

Mortgage applications decreased a notable 9.4% this week from two weeks earlier (the last report before the Christmas holiday), when they dipped slightly 1.5%, but after a 7.4% surge in mid-December, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 29, 2023. The results…

The post After Brief Surge, Mortgage Applications Continued Decreasing Over Two-Week Period appeared first on RISMedia.

NAR Seeks to Delay Major Commission Suit Until After Burnett Appeal

Wed, 01/03/2024 - 09:42

The National Association of REALTORS® (NAR), joined by several other large corporate brokerages, is asking the judge in one of the largest commission lawsuits to pause all proceedings pending an appeal in the Burnett case, in which a jury found in favor of plaintiffs and levied $1.8 billion in damages against NAR and two other…

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An Open Letter to Judge Stephen Bough and the U.S. Judicial System

Tue, 01/02/2024 - 11:21

I am a real estate agent with over a decade of experience working in Southern California. Many lawsuits have recently been ruled on or filed regarding the state of real estate agent commissions.  Although I cannot speak as a legal professional, I can speak as the elected President of the largest Asian American, Native Hawaiian,…

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Is an Escalation Clause a Good Idea When Buying a House?

Tue, 01/02/2024 - 10:52

Have you been trying to buy a home for months without any luck? Do you find yourself constantly losing out to other buyers? Have you made several offers on houses? Over the last several years, potential buyers have faced an extremely challenging environment. Few houses and high demand lead to a significant percentage of bidding…

The post Is an Escalation Clause a Good Idea When Buying a House? appeared first on RISMedia.

Top 10 Topics Homebuyers and Sellers Are Focused on in 2024

Tue, 01/02/2024 - 10:43

Better Homes and Gardens Real Estate has published a list of 10 topics that homebuyers and sellers must consider in 2024. The list is as follows: Understand that owning a home helps your overall financial picture. “Homeownership is the fastest and most reliable way to stabilize your housing expense and build wealth at the same…

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Zillow Claims MLSs Abused ‘Monopoly’ Power in Vendor-Focused Lawsuit

Tue, 01/02/2024 - 09:27

Real estate behemoth Zillow is suing three regional MLSs over an alleged effort to steer their members away from using the company’s ShowingTime software and toward a competing product owned by the MLSs, which the company claims violated federal antitrust statutes. Filed at the end of December in the U.S. Federal District Court for Arizona,…

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Erin Cestero to Lead Panel on Generating Inventory at RISMedia’s 2024 Rocking in the New Year

Tue, 01/02/2024 - 08:09

RISMedia is excited to announce that Erin Cestero will be heading up an industry-leading panel of real estate experts at the 2024 Real Estate’s Rocking in the New Year, the company’s fourth-annual all-virtual conference to be broadcast live on Jan. 11, 2024.  Click here to register!  Cestero’s panel, How to Generate Inventory When There Is…

The post Erin Cestero to Lead Panel on Generating Inventory at RISMedia’s 2024 Rocking in the New Year appeared first on RISMedia.

The January Issue of Real Estate Magazine Is Now Live

Tue, 01/02/2024 - 08:05

The January 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 how Realty Alliance has grown their resource network to provide all 50 companies it’s comprised of with the best tools for success. In addition, we look at Colibri’s approach to…

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