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Florida broker sues ex over snubbed $1M+ commission

USA Real Estate News-Inman - Fri, 2024-10-11 12:04
While repping their former marital home, Alyssa Morgan presented her ex, John Jansheski, with a $70 million offer, which he declined. Several months later, he accepted a $57 million offer from the same buyer after he had assigned a new listing agent.

Clear Cooperation (and eXp settles commission suit): Inman’s Top 5

USA Real Estate News-Inman - Fri, 2024-10-11 11:57
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Consumer Sentiment Shifts From Gains to Slight Decline

USA Real Estate News-RISMedia - Fri, 2024-10-11 11:44

A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale?  Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median…

The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on RISMedia.

Yannaccone: Reform, not repeal, is the wise path for Clear Cooperation

USA Real Estate News-Inman - Fri, 2024-10-11 11:37
Anywhere Brands President and CEO Sue Yannaccone offers a measured, thoughtful assessment of the Clear Cooperation Policy debate.

Navigating the New NAR Rules: Best Practices for Helping Consumers

USA Real Estate News-RISMedia - Fri, 2024-10-11 10:54

Above, Tony Delgado Recent changes in the real estate industry have introduced new ways of doing business for brokers and agents. These changes demand strong leadership, transparency and adaptability to navigate the evolving landscape successfully. A fundamental change in the new NAR rules requires buyers to have a written agreement with a broker or agent…

The post Navigating the New NAR Rules: Best Practices for Helping Consumers appeared first on RISMedia.

Buyer Sentiment Hits 2-Year High, but Affordability Remains a Barrier

USA Real Estate News-RISMedia - Fri, 2024-10-11 10:46

While a plurality of homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, new data from Fannie Mae shows increasingly positive attitudes towards purchasing a home, primarily due to the recent declines in mortgage rates. The latest Home Purchase Sentiment Index (HPSI) report from Fannie Mae shows purchase sentiment…

The post Buyer Sentiment Hits 2-Year High, but Affordability Remains a Barrier appeared first on RISMedia.

Fannie Mae Tracks Uptick in Buyer Sentiment, but Affordability a Bigger Barrier

USA Real Estate News-RISMedia - Fri, 2024-10-11 10:46

A plurality of potential homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, according to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI). The data highlights a number of troublesome trends, the most eyebrow-raising of which is that respondents’ perception of home-buying conditions continues to linger near its all-time…

The post Fannie Mae Tracks Uptick in Buyer Sentiment, but Affordability a Bigger Barrier appeared first on RISMedia.

Mike DelPrete: Is Pacaso duping retail investors?

USA Real Estate News-Inman - Fri, 2024-10-11 09:56
Industry analyst Mike DelPrete writes that manipulating the display of data has the potential to mislead individual retail investors, eroding long-term trust.

DOJ’s 14th redlining settlement is its first with a credit union

USA Real Estate News-Inman - Fri, 2024-10-11 08:30
Citadel Federal Credit Union "respectfully disagrees" with allegations, agrees to invest $6.5 million and open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia.

Local Realtor association won’t enforce NAR Clear Cooperation

USA Real Estate News-Inman - Fri, 2024-10-11 07:52
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation.
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