Bill Murray’s former New York estate hits the market for $3.69M

Murray and his ex-wife, Corcoran broker Mickey Murray, built the Yellow House in the 1980s after buying the property for $305K. The 5,177-square-foot home sits on the site of a 19th-century barn. Continue reading

Premier Sotheby’s brings on Long & Foster vet as president

Jackie Thiel spent the majority of her 30-plus-year career with Long & Foster. With her move, Thiel will oversee day-to-day brokerage operations of 1,400 real estate advisors across 40 offices in Florida and North Carolina. Continue reading

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