The battle over private listings is playing out nearly everywhere—from statehouses and courthouses to brokerage offices and Wall Street boardrooms. As opponents and supporters of the practice make their cases, the debate looks vastly different depending on the venue. But one tool that is nearly always effective is data. And as the practice draws more…
A federal congressional committee sent letters to Compass CEO Robert Reffkin and MRED CEO Rebecca Jensen in relation to their partnership, scrutinizing the relationship between the nation’s largest brokerage and the Chicago-based MLS that is already at the center of a federal lawsuit. The letters were penned by a subcommittee of the House Judiciary Committee…
Want as many potential buyers as possible for a home with a pool? Shannon Murree, with REMAX Hallmark Chay Realty Brokerage in Barrie, Ontario, has some next-level advice. Schedule as many showings as possible on a scorching-hot day. And all the better if clients show up with kids, who can be very persuasive. “I generally…
Homeowners living in predominantly Black and Hispanic neighborhoods are paying hundreds—even thousands—more per year for the same homeowners insurance coverage as homeowners in white neighborhoods, according to a new research report from the Consumer Federation of America (CFA). The nonprofit research and advocacy group found that the average cost of homeowners insurance rose by 24%…
In May, housing construction starts bottomed-out to a six year low, according to the U.S. Census Bureau, attributed to ongoing challenges such as construction costs and high mortgage rates triggered by rising inflation. The newest monthly update, however, shows a recovery—for at least one sector of the housing market. The latest monthly new residential construction…
Editor’s note: this is the first of a two-part series on AI recommendations for agents. Look for part two in the coming days. When a prospective buyer asks someone they trust who is the best real estate agent to help them transact, you want your name to be the first one mentioned. What happens when…
The post AI Recommended These Agents. We Asked Them Why—And Whether It Matters appeared first on RISMedia.
Above: Rob Wolf. You may have heard Brazilian Jiu-Jitsu described as “the gentle art.” A more accurate description is involuntary yoga—or the art of folding clothes while people are still wearing them! I started my Brazilian Jiu-Jitsu journey later in life. I’m the oldest person in my gym by over 20 years. But that’s the…
In yet another major escalation in its effort to re-shape the foundations of real estate, Compass filed a cascade of state-level ethics complaints Tuesday through 30 Realtor associations, at least 50 MLSs and real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property designations on listings. A source with direct knowledge…
The last time Google dipped a toe into real estate search, it walked away. Now, it’s going all in. The search giant announced it was expanding its real estate listings pilot to all 50 states this summer, powered by a partnership with data firm HouseCanary. As more brokerages and MLSs sign on to the initiative…
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Successful social media content in today’s real estate landscape can sometimes take a bit of effort. Once you perfect your script, shoot your video, edit your post and…
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