Lawsuits, housing and AI: What to watch as NAR’s ‘midyear’ unfolds

The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtor members. Here’s everything to look for as the conference starts. Continue reading

Buying a home is hard. For first-timers, it’s never been tougher

Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading

Home sales are cooling — but the competition is red hot. What gives?

New listings plunged 21.8 percent from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin. Continue reading

Rivals to allies: Foster healthy competition with these 4 rules

Healthy competition should be the foundation upon which we strive to provide our clients with the highest level of customer service and care. Team leader Carl Medford outlines the difference between healthy and toxic ways of engaging. Continue reading

NAR-DOJ ruling divides agents over commission, pocket listing rules

Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether changes to the controversial rules are necessary. Continue reading

7 things your competition hopes you won’t do

If you slack off or lose focus on certain aspects of your business, your competition will benefit — and they know it. Here is Jimmy Burgess’ list of the top things your competition hopes you slack off on. Continue reading

What’s wrong with training your competition?

Lately, one of the big fears that real estate team leaders have is about investing time and money into training new agents who may eventually leave. The fear is that they are training their future competition, all while wasting time and resources. But … Continue reading

Home offers facing competing bids have plunged over the past 6 months

Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin. Continue reading

Half of Redfin home offers now face no competing bids, new report says

In the month of June, just under 50 percent of home offers written by its agents faced competition on a seasonally-adjusted basis, the lowest rate in over two years, the brokerage reported. Continue reading