How to create a financial plan as a brand new team leader

With careful planning and strategic execution, you can achieve your financial objectives and lead your real estate team to long-term success, Verl Workman writes. Continue reading

Fair housing protections rolled back on Day 1 of Trump presidency

Having fair access and the opportunity to lease or own a home is paramount to the American dream, Dr. Lee Davenport writes. Here’s how new policies could impact that goal. Continue reading

CAR publishes open letter to support LA wildfire victims

The letter, to be published in the “LA Times” and other prominent news outlets, provides information for California residents impacted by the fires about price gouging, fraudulent activities and unsolicited offers. Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Texas-based mega MLS will no longer require Realtor membership

The Austin Board of Realtors’ Unlock MLS will offer non-Realtor subscriptions starting June 1. Continue reading

NYC real estate vet Scott Harris launches Magnetic firm with Side

After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service. Continue reading

Patterson Homes joins Century 21 as 1st Memphis-based firm

Under Patterson’s leadership at Century 21, the team will continue serving clients in Shelby and Desoto counties, specializing in residential and commercial buying and selling, while strengthening brand recognition in the Greater Memphis area. Continue reading

Wells Fargo closes 2 more consent orders in quest to shed asset cap

Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie. Continue reading

Commissions have fallen for homes above $500K, Redfin says

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading

Former Vegas Realtors CEO sues organization after election mishap

Wendy DiVecchio points to disagreement with the board over LVR’s ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week. Continue reading