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New forms aim to sidestep NAR settlement, law professor warns
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer.
Calque unveils ‘light’ version of its ‘buy before you sell’ offering
Touted as faster and more affordable, Calque's new "Contingency Buster" product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say.
Social Skills: The Basics of Boosting Your Posts
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The most effective way to implement social media to grow your business is to branch out into ads across your platforms. The perfect social media strategy not only…
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Award-Winning Massachusetts Brokerage Joins the CENTURY 21 Brand
Century 21 Real Estate is expanding the brand’s presence in Southern Massachusetts with its latest affiliation: Custom Home Realty with offices in Mendon and Framingham. The dual office brokerage was originally founded in late 2017 by broker/owners Deborah Flanagan and Naomi Vogt. Together, the duo have guided their company to become one of the premier…
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Meet the Southeast Region Real Estate 2024 Rookie of the Year Finalists
From left, Jessica Bauer, Daniele Lundin, Micah Smith, Jorge Torres Romero and Sasha Valdes. RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet…
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Karlie Kloss, Joshua Kushner make waves with $29.5M Malibu home
The supermodel and her husband are the proud new owners of the iconic $29.5 million Malibu, California, "Wave House," sold for the first time in 36 years.
Borrowers clash on how far rates need to fall before they’re ‘Golden’
How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped.
US home-price gains outpace inflation with 5.4% annual increase - The Dallas Morning News
US home-price gains outpace inflation with 5.4% annual increase The Dallas Morning News
OpenAI leaves San Francisco HQ after Elon Musk stops paying rent
The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.
Consumer Confidence Up Slightly in August Due to Economy and Inflation
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1. The Expectations…
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Home Price Growth Continues to Slow, but Experts Are Hopeful
Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual gain in home prices, down from the 5.9% annual gain last month. The 10-City…
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Rocket funding 2-year rate buydowns for low-income buyers
Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires.
Which companies saw ‘rich and famous’ cash flow in H1 2024?
Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent.
Case-Shiller Index keeps breaking records as HPI growth curbs pace
Although home price growth is slowing, S&P CoreLogic's report also showed that first-time homebuyers are being impacted most by rising prices, since in the last five years, prices in the lower end of the market have risen more quickly than other tiers.
