Katie Kossev: ‘Mass confusion’ common in the wake of NAR’s rules

The managing broker of Texas at Side said that luxury buyers in particular seem to understand the value of compensating their real estate agents. Continue reading

EXp Realty to host AI-powered Hackathon in Miami Beach

The brokerage is set to host its inaugural Hackathon on Oct. 26. In addition to prizes, participants will have the chance to network with industry leaders. Continue reading

Existing-home sales continue to slide as buyers bide their time: NAR

Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed’s decision to cut rates, according to National Association of Realtors data Continue reading

9 proven ways to keep retention rates high when business is slow

Chris Pollinger shares powerful strategies to retain and motivate your real estate agents, even as listings hit all-time lows. Learn how to keep your team engaged and thriving during tough market conditions. Continue reading

How to motivate, inspire and train your team amid disruption

Great team leaders focus on business development and agent development, and the results can be staggering, coach Verl Workman writes. Continue reading

OceanFirst Bank settles DOJ redlining allegations for $15M

Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million. Continue reading

Buyer commission suit against Hanna adds new, familiar plaintiffs

There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits. Continue reading

Fed begins rate-cutting campaign with reduction in federal funds rate

Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may already be priced in to mortgage rates. Continue reading

The top 35 agents in Hollywood today are still setting records

LA’s top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy. Continue reading

UWM and Rate join the $802K conforming loan limit party

With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA’s official announcement. Continue reading