Monthly Archives: July 2022

Seller’s market? Buyer’s market? The pendulum is swinging

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Homes are still selling, but the ongoing market shift is giving homebuyers more and more leverage everyday, agents and economists told Inman this week. Continue reading →

With East Coast merger, United Real Estate adds 1,000 agents

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Five years ago, Pearson Smith Realty had only 17 agents. It has since grown to conduct $4.1 billion annually in real estate transactions. Continue reading →

The typical home is lingering on the market a little longer than last year

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U.S. homes, on average, spent 19 days on the market during the four weeks ending July 17, a full day longer than the same period in 2021, according to data released Thursday by Redfin. Continue reading →

Keller Williams opens 10th South American master franchise

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This summer, Keller Williams is set to open its latest master franchise in Santa Cruz, Bolivia. With its opening, the Texas franchisor will have operations in South America’s top five countries. Continue reading →

These new MLS rules could kill future bombshell commission lawsuits

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A new policy by Northwest MLS offers a glimpse at changes that could make commissions easier to negotiate and more transparent. Trainer Bernice Ross outlines how widespread adoption of this policy change could help to circumvent current and future comm… Continue reading →

Over 1,000 tenants could lose homes over landlord’s unpaid water bill

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Tenants in four Indianapolis low-income apartment buildings thought their rent covered utilities. They’ll lose water and potentially homes if their landlord doesn’t pay a $1.7 million bill by October. Continue reading →

Northwest MLS to directly spell out homesellers’ commission obligation

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Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading →

Flyhomes lays off 20% of workforce, cites rising interest rates

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The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150 million Series C funding round. Continue reading →