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Howard Lorber disclosed broker relationships in board investigation

USA Real Estate News-Inman - Thu, 2024-11-07 13:52
In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen.

Women In Real Estate: Redefining Client-Centered Success

USA Real Estate News-RISMedia - Thu, 2024-11-07 13:46

Above, Lysi Bishop In Boise’s luxury real estate market, Lysi Bishop—founder of Lysi Bishop Real Estate of Keller Williams Realty Boise—has established a legacy of efficiency and client satisfaction. With over 30 years of experience and more than $2B in sales, she leads a full-service team of 20 agents and 30 support staff dedicated to…

The post Women In Real Estate: Redefining Client-Centered Success appeared first on RISMedia.

CRS Data’s MLS Tax Suite Empowers MLSs With Customized Data Sets to Meet the Needs of Their Customers

USA Real Estate News-RISMedia - Thu, 2024-11-07 13:41

As any real estate professional can attest, universal solutions often fall short given the distinct needs of industry professionals across the board. This is especially true for Multiple Listing Services (MLS), which frequently struggle with the complexities of property data.  While some standardized platforms may suit individual agents or brokers, they rarely cater sufficiently to…

The post CRS Data’s MLS Tax Suite Empowers MLSs With Customized Data Sets to Meet the Needs of Their Customers appeared first on RISMedia.

Mortgage Rates Move Up for Sixth Straight Week

USA Real Estate News-RISMedia - Thu, 2024-11-07 13:23

Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end of the year, experts noted.  The 30-year fixed-rate mortgage averaged 6.79% this week, up from the previous week’s average of 6.72%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday.…

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Zillow Reports Blowout Earnings, Touts Settlement Adaptations

USA Real Estate News-RISMedia - Thu, 2024-11-07 13:18

Addressing investors after a Q3 earnings report—in which the company greatly outpaced the broader industry and beat its own expectations—Zillow Chief Financial Officer Jeremy Hoffman said the portal giant is expecting continued tailwinds from broader changes to the real estate industry. “We work with the best partners, and we provide the most technology. So we…

The post Zillow Reports Blowout Earnings, Touts Settlement Adaptations appeared first on RISMedia.

How Industry Experts See Trump’s Return to the White House Impacting Housing

USA Real Estate News-RISMedia - Thu, 2024-11-07 12:41

As Trump’s victory over Democratic candidate Vice President Kamala Harris became apparent on Wednesday, bond markets reacted sharply. The benchmark 10-year Treasury yield jumped to 4.479%, its highest level since July, according to news reports. Mortgage rates responded in kind, with the average 30-year fixed rate rising to 7.13% on Wednesday, up nine basis points…

The post How Industry Experts See Trump’s Return to the White House Impacting Housing appeared first on RISMedia.

US home prices rose in 90% of metro areas in Q3, NAR says

USA Real Estate News-Inman - Thu, 2024-11-07 12:39
Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year.

Anywhere Q3: Sales Fall 3.1% YoY; Burnett Settlement Payments Proceeding

USA Real Estate News-RISMedia - Thu, 2024-11-07 12:05

In a Q3 2024 earnings call Nov. 7, Anywhere Real Estate reported financial results for the third quarter ended September 30, 2024, which included earnings of $7 million but sales falling 3.1% year on year to $1.54 billion. On a per-share basis, the Madison, New Jersey-based company said it had profit of 6 cents. Earnings,…

The post Anywhere Q3: Sales Fall 3.1% YoY; Burnett Settlement Payments Proceeding appeared first on RISMedia.

The Four Biggest Takeaways From the Copycat Settlement Approvals

USA Real Estate News-RISMedia - Thu, 2024-11-07 11:45

Last week, Judge Stephen Bough of the Western District of Missouri—who oversaw the Burnett case and trial—approved settlements struck by eight large brokerages in the largest Burnett commission copycat case. Those deals bring the total number of settlements that have received a final, court-required sign-off to 11, with the National Association of REALTORS® (NAR) still…

The post The Four Biggest Takeaways From the Copycat Settlement Approvals appeared first on RISMedia.

Creating a Workflow to Streamline Your Daily Tasks and Improve Client Communications

USA Real Estate News-RISMedia - Thu, 2024-11-07 11:02

Sometimes the best way to structure your day doesn’t spring immediately to mind—a “workflow,” or a planned series of activities that help you complete a task, is needed. You may need a way to organize your thoughts and tasks in order to maximize efficiency for both yourself and your clients’ benefit. To become a go-to…

The post Creating a Workflow to Streamline Your Daily Tasks and Improve Client Communications appeared first on RISMedia.

Anywhere unfazed by 3% revenue decline as luxury segment thrives

USA Real Estate News-Inman - Thu, 2024-11-07 10:08
Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4.

The Real Brokerage posts revenue gain as recruitment soars in Q3

USA Real Estate News-Inman - Thu, 2024-11-07 09:10
The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million.

Douglas Elliman sees revenue inch upward after tumultuous Q3

USA Real Estate News-Inman - Thu, 2024-11-07 08:54
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a "new era."
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