RIS Media Real Estate News

Job satisfaction, depending on your career, is not always easy to come by. It’s something many people seek out when deciding their life path. In fact, Pew Research found that 39% of workers say their job or career is very important to their overall identity.  Being a REALTOR®, as (hopefully) most agents can tell you,…

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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. As many lawsuits persist across the real estate industry, more and more settlements are in the works and being reached in order to bring an end to the madness. Here is a look…

The post COURT REPORT: More Settlements—and One ‘Framework’—Announced appeared first on RISMedia.

Realty of America (ROA), a new national residential real estate brokerage, has announced its official launch at the prestigious L’ATTITUDE event in San Diego. The founding team is composed of four real estate leaders and their shared vision for leveling up what a real estate company can be. ROA will deliver a comprehensive technology suite,…

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For agents still looking for a boom in their business in 2024, fear not! This year’s best time to buy looks to be the first week of October, according to a new report from Realtor.com®. Realtor.com’s 6th annual Best Time to Buy report predicts that Sept. 29 – Oct. 5 is going to be 2024’s…

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In this month’s podcast episode of “Estate of Mind,” hosts Tami Simms and Jack Miller welcomed special guest Will Hayes, the Senior Growth Strategist and Head of Paid Media at the Toby Agency, the Institute’s go-to expert on digital marketing, to discuss strategic marketing. We delve into the intricacies and practical aspects of strategic digital…

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Conventional wisdom has held that the housing market slows in the months leading up to a presidential election. However, data over the past three decades show that there’s no notable impact on the housing market in election years.  Could this year be different? So far, the 2024 presidential election cycle has been unusual by many…

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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. While mortgage rates reached a 19-month low this week, industry experts cautioned it still isn’t enough to significantly alter a hindered housing market for buyers and sellers, who are still facing over-inflated home prices and…

The post Mortgage Mix: Rates Hit 19-Month Low, but Will That Move the Needle for Buyers and Sellers? appeared first on RISMedia.

Jason Mitchell Group has announced that the Williams Mitchell Group, led by real estate veterans Bryan Mitchell and Shad Williams, have joined the brokerage. With a combined 35 years of experience in the real estate industry, the Williams Mitchell Group stated they will strengthen their operations in Las Vegas and expand into new markets through…

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Curbio, the Maryland-based pre-listing renovation company that offers pay-later services for home sellers upgrading or repairing their homes, is settling a lawsuit filed by the Attorney General of the District of Columbia that accused the company of violating consumer protection laws through “systematically” deceiving homeowners with its practices and marketing. According to a release from…

The post Curbio Pays $7.5M, Agrees to Practice Changes in D.C. Lawsuit Settlement appeared first on RISMedia.

Both real estate practitioners and lawmakers have been stressing inventory as one of the housing market’s major challenges. What changes has 2024 brought? Has supply caught up to demand? The latest Home Building Geography Index from the National Association of Home Builders (NAHB) tracks building rates across the U.S. during Q2 2024. Said rates show…

The post New-Home Construction Highly Concentrated in Small Metros, ‘Core’ Counties appeared first on RISMedia.

WASHINGTON, D.C.—Katie Johnson has undoubtedly had one of the toughest jobs in real estate over the past year. As chief legal counsel and chief member experience officer for the National Association of REALTORS® (NAR), Johnson has sat in countless court hearings defending the trade group and its 1.5 million members against allegations of collusion and…

The post NAR’s Chief Legal Counsel Reveals Path Forward appeared first on RISMedia.

Your brokerage’s success depends on the people who bring in business—your agents. With the right strategies in place, you can find and keep the right talent, which helps you close more deals and strengthen your entire brokerage’s brand in the long run.  But keeping the right agents is harder than it sounds. According to recent…

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Football, much like real estate and leadership, is a game of strategy, foresight, and adaptability. As leaders, we must anticipate challenges, navigate complex situations and make decisions that benefit the entire team. Interestingly, I learned that this NFL season has introduced several crucial rule changes aimed at protecting players while keeping the game fair, competitive…

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Real estate agents today face a marketplace with unprecedented conditions: higher interest rates, rising home prices and historically low inventory. The impact of the commission lawsuits exacerbates all this. More than at any time in history, sellers and buyers alike are scrutinizing the value that a REALTOR® brings to the transaction. These challenges mean your…

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Above, Jillian Young United Real Estate has announced that Jillian Young, president of its Naples, Florida affiliate, Premiere Plus Realty, has been named to Gulfshore Business Magazine’s 2024 Class of 40 Under 40. The honor is awarded to standout professionals in Southwest Florida who exhibit remarkable leadership, significant career achievements and a strong dedication to…

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Many Americans are renters—and while it’s still considered a more affordable option than buying a home, renting comes with its own cost burdens. These burdens are not limited to the lowest-income renters either. Harvard University’s Joint Center for Housing Studies recently published a paper tackling this very issue, titled “Subsidizing the Middle: Policies, Tradeoffs, and…

The post Harvard Study Investigates Renters’ Cost Burdens and Prescribes Solutions appeared first on RISMedia.

Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing market. The 30-year fixed rate mortgage averaged 6.20% this week, down from 6.35% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released…

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It’s never too early to plan for the future, especially when working in the fast-paced real estate industry. As we approach the end of the third quarter, now’s the time to map out the specific areas you want to focus on so that you’re set up for continued success. To get some perspective, we asked…

The post Preparing for the Future: The Fundamentals appeared first on RISMedia.

Everyone has strengths and weaknesses. The job of a real estate agent encompasses a great many skills, and you are unlikely to perfect every one of them. But, like with all professions, some skills are more important than others. And when you must showcase them over and over again in order to succeed with current…

The post 4 Skills You Must Excel at to Succeed as an Agent Going Forward appeared first on RISMedia.

Declining mortgage rates and more inventory are making the market slightly less challenging for homebuyers in the Mid-Atlantic, according to a recent report from Bright MLS. Bright MLS’s Housing Report for August found that an increase in inventory is providing more options for home buyers. Data shows a total of 37,340 active listings on the…

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