Pending home sales fell in April but expected rate cuts offer some hope

Contract signings fell 7.7 percent between March and April to a score of 72.3 on the Pending Home Sales Index last month, according to data released Thursday by the National Association of Realtors. Continue reading

More delistings show buyers may have reached their limit on price

Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete. Continue reading

NWMLS opts out of NAR deal in bid to continue commission offers

Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs’ attorney Michael Ketchmark says “the fox is guarding the chicken house.” Continue reading

3 pillars of creating a sustainable and rewarding real estate business

You apply discipline to starting and growing your business, but how do you apply that same discipline to making it sustainable? Broker Pam Blair offers guidance for making your real estate business more meaningful and satisfying. Continue reading

Dominate documentation this summer with these 4 hot tips

Want to cover yourself and your clients while preventing miscommunication? Careful organization and documentation, Rachael Hite writes, can save your summer. Continue reading

Mortgage rates are bouncing back, and homebuyers don’t like it

As rates on conventional mortgages head back above 7 percent, homebuyer demand for purchase loans is wilting, with applications dropping for a third week in a row last week, according to an MBA survey. Continue reading

Nation’s largest MLS now allows listings to show seller concessions

The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees. Continue reading

Judge dismisses eXp Realty, Glenn Sanford from sexual assault suit

A judge dismissed eXp Realty and founder Glenn Sanford from a sexual assault lawsuit that claimed both entities ignored the alleged actions of two star agents — David Golden and Michael Bjorkman — for financial gain. Continue reading