The bidding war is over. Some of the decisions made are harder to undo. As an agent or broker, is it part of your professional obligation to discuss where the buyer might be in five years financially and family-wise? Probably, even if it might occasionally put them off a purchase. A recent survey of 1,000…
The post How Agents Can Chart a Course for No Buyer Remorse appeared first on RISMedia.
Compass has announced a new Broker-to-Broker Cooperation Policy in order to “support cooperation.” The new Broker-to-Broker Cooperation Policy requires all agents of the brokerage to cooperate with other brokers and agents—including listings earmarked as Private Exclusives or Coming Soons—unless otherwise instructed by the client in writing, the brokerage stated. The policy—which is now added to…
The National Association of Home Builders (NAHB) reported that remodeling activity was flat in the second quarter amid a broader nationwide housing slowdown, in its latest State Projections of Remodeling (SPR). The SPR showed a near-even split in the second quarter: Remodeling spending declined in 26 states and increased in 24 states, according to a…
AI-tech firm SERHANT. has announced the launch of SERHANT. Utah, bringing its proprietary AI platform, S.MPLE, and the largest media reach in real estate to Salt Lake City and Park City. According to a release, SERHANT. Utah opens with more than 40 agents from firms including Berkshire Hathaway HomeServices, Engel & Völkers, Real, Sotheby’s International…
The announcement of Open Real Estate was welcome news. It also raised an uncomfortable question: How did we reach the point where keeping the housing market open required an announcement? Buyers should be able to find available homes. Sellers should understand who can see their property and what they may sacrifice by limiting its exposure.…
(TNS)– The deluge of wealth the artificial intelligence boom has brought into San Francisco has already pushed luxury home prices to record heights. Now, with Anthropic’s initial public offering poised to bring even more money into the city, could things get even worse? Real estate professionals say yes—but that a lot of the growth is…
Inflation picked up speed in October, as the latest Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS) accelerated faster than predictions from economists. The October CPI saw the all-items index grow 0.4%, a slight decrease from last month’s 0.6% rise, but “hotter than expected,” according to Navy Federal Chief Economist Heather Long.…
More than one in five U.S. home listings received a price cut in August, but a lower asking price does not necessarily mean the property has become a good deal. Price reductions are becoming harder for homebuyers to ignore. In August, 20.4% of U.S. listings had a price cut, matching the rate recorded a year…
The post How Buyers Can Tell if a Home Price Cut Signals a True Deal appeared first on RISMedia.
At its Nov. 9 meeting during NAR NXT in New Orleans, the National Association of Realtors®’ (NAR) board of directors approved a 2027 budget and installed new leadership. The board approved an operating budget projecting approximately $280 million in revenue and $247 million in expenses. Under the new approach, NAR departments were required to evaluate…
Homes are getting smarter, but the people who live in them are craving space to unplug. Zillow’s 2027 Home Trends Report finds sellers are increasingly highlighting technology that works quietly in the background, along with rooms designed for both connection and escape. From AI-powered appliances to color-drenched walls and catios, these rising trends signal homes…
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