Agents who don’t read the contract are committing ‘malpractice’

Frances Katzen and Courtney Poulos spoke with moderator Dana Cadena about the importance of buyer representation, challenges to professionalism in the industry and more during an ICNY panel on Thursday. Continue reading

With Fannie Mae’s adoption, AI’s role in real estate is solidified

Fannie Mae is rapidly adopting computer vision to speed and improve appraisals, and Restb.ai is poised to power the space. Continue reading

Computer vision pioneer Restb.ai unleashes its tech on valuations

The Valuation Product Suite is geared at modernizing the appraisal process and assisting in compliance with new Fannie Mae and Freddie Mac programs that make it easier to get loans approved without an appraisal. Continue reading

Quality control standards for AVMs may cover discrimination

Proposed standards would include random sample testing and reviews to ensure a “high level of confidence” in the estimates produced by AVMs. Continue reading

My home has a basement dungeon. Can I include it as part of the GLA?

“Barbarian” became a runaway hit in October, but the Airbnb-referencing horror flick also raises a thorny issue for agents: What rooms can be listed as part of a property’s total square footage? Continue reading

Minneapolis Realtors apologize for racial discrimination in real estate

“Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.” The trade group also releases policy changes designed to close the racial homeownership gap. Continue reading

Deals will hinge on negotiations this fall. Here’s how buyers’ agents win

“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table. Continue reading

The truth about Zillow’s ShowingTime acquisition: The Real Word

Byron Lazine and Nicole White discuss the real reason Zillow acquired ShowingTime, the hype behind the housing recession, and how “shrinkflation” could potentially change the game for consumers in 2023. Watch this week’s TRW to stay on top of this week… Continue reading

Why floor plans are a real estate agent’s next big opportunity

Transitioning from a nice-to-have marketing tool to a must-have closer, floor plans are having a moment, driven by widespread pandemic-era adoption. Continue reading

High profile firm to turn over info on Trump’s real estate deals

Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading