New suit accuses eXp Realty, team leader of sexual harassment

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The suit claims that Chris Nevada offered to pay an employee for sex, made inappropriate comments and, ultimately, fired the woman. Continue reading →

Falling mortgage rates should boost home sales: Fannie Mae

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Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent. Continue reading →

Too much too soon? AI is now ‘nearly ubiquitous’ in real estate

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As many as 80 percent of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about “guardrails” for the tech. Continue reading →

Marketing your listing by exploiting Anne Frank is just gross

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When New Mexico builder Abrazo Homes named its floor plans after iconic historical women, it ignited a social media firestorm. Here’s why using celebrities and cultural figures without permission to market your business is such a bad idea. Continue reading →

Pacaso’s Marnie Blanco on why co-ownership is poised for a big 2024

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Pacaso’s senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform’s big expansion plans for the new year. Continue reading →

Billionaires’ Row penthouse goes under contract for over $100M

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The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million. Continue reading →

Real estate coaches who preyed on Spanish speakers banned by FTC

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The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns. Continue reading →

Purchase loan applications soar 9% following drop in mortgage rates

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Trend could bode well for the spring homebuying season, the Mortgage Bankers Association said Wednesday, but Fed may take its time before cutting rates. Continue reading →

Brokerage firm MV Realty has been barred from North Carolina

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MV Realty was under scrutiny for deceiving homeowners in financial distress into signing exclusive listing agreements that lasted 40 years in exchange for cash. Continue reading →