Survey supports Realtors’ claims that commissions are negotiable

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Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds. Continue reading →

LeFrak sues NYC housing court as evictions slow to ‘surreal’ crawl

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The LeFrak Organization claims that the courts have failed in their duty to hear housing disputes efficiently and fairly. Continue reading →

Gary Keller says ‘right now, real estate is in a recession’

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The real estate industry took a beating in 2023 — rising mortgage rates froze home sales, consumer sentiment slid to new lows, several landmark lawsuits threatened buyer-broker commissions, and the National Association of Realtors couldn’t keep itself … Continue reading →

LoanDepot hackers had access to Social Security numbers, DOBs

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The lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9 million consumers affected by the January cyberattack. Continue reading →

Rent is falling fastest in markets that added the most new supply

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Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading →

Home prices hit high in December as ‘solid, steady growth’ wins out

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Home prices rose 5.5 percent on an annual basis in December, up from 5 percent in November, according to dueling data points released Tuesday by S&P Global and the Federal Housing Finance Agency. Continue reading →

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

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California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court. Continue reading →

How to use mindfulness to build gratitude in your business each day

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Aaron Hendon shares some strategies to keep negative thoughts away and visualize good things for our businesses, especially when things are difficult. Continue reading →

Rookie to rockstar: The essential guide to real estate marketing

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Implement an A to Z branding and marketing plan from expert Marci James to establish yourself as a knowledgeable and trusted real estate adviser. Continue reading →

Offerpad narrows Q4 loss, expects to be back in black later this year

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The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year. Continue reading →