Median down payment slides $2,400 as affordability improves

Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com. Continue reading

The real estate industry is more politically split than you think

Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading

The new redlining: Paying a buyer agent is just part of the challenge

Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good. Continue reading

8 tips for preparing your first real estate agent business plan

A well-prepared business plan, Darryl Davis writes, will help you set a clear direction, stay focused and increase your chances of success. Continue reading

Pacaso fundraising campaign continues apace despite critique

The campaign’s transparency was questioned following a decision to post “cumulative” financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst. Continue reading

9 ways agents should be using AI to drive real estate sales

Creating content for your website, communicating with your sphere of influence and marketing your latest listing are all easy with the help of artificial intelligence, Luke Babich writes. Continue reading

Broker files multimillion-dollar suit over ‘forced’ NAR membership

Maurice Muhammad alleges a “monopoly” by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents. Continue reading

Mortgage rates bounce back to July levels on inflation worries

Another worry for bond market investors is “quantitative tightening,” the Fed’s program to trim its massive holdings of government debt and mortgages. Continue reading

Century 21 strengthens presence in Las Vegas with 1st Priority Realty

Now operating as Century 21 1st Priority Realty, Duc Lu and his team will have access to the brand’s technology, marketing, lead generation and agent coaching tools and platforms. Lu plans to initially streamline internal operations at his brokerage be… Continue reading