Prior to the summer of 2024, home sellers were typically responsible for paying the commission for both their own agent and the buyer’s agent, and both sides of the transaction usually involved a traditional full-service agent. Agent commissions also remained (somewhat) consistent, generally hovering around 5% – 6% of a home’s sales price. Following the…
Much like you as an agent, your listings only get one chance to make a good first impression. Standing out in the real estate market takes more than just a great property. It takes strategic, visually compelling media that not only grabs attention, but also holds it long enough to spark real interest and action.…
Homes.com and CoStar Group have become embroiled in another lawsuit, this time as the defendants, over an alleged breach of contract. REcore Solutions LLC—the vendor who provides licensing services for California Regional Multiple Listing Service (CRMLS) and other MLSs—announced it has filed a lawsuit in San Bernardino County against Homes.com and its parent company CoStar…
BeachesMLS, operated by Broward, Palm Beaches & St. Lucie Realtors®, has announced an exclusive partnership with RetroRate, a South Florida-based intelligence platform designed to help Realtors® and homebuyers unlock the advantages of properties with assumable loans. These loans let qualified buyers take over a seller’s existing mortgage at its original interest and terms, often lower…
In a statement released this morning, the National Association of Realtors® (NAR) appeared to defer on the question of whether Zillow’s new ChatGPT app complies with MLS policies regarding use and display of data, as real estate continues to grapple with big questions around AI technology. “For enforcement, each MLS is individually responsible for conducting…
REsides has announced a partnership with technology firm Amplify Systems to launch a proprietary MLS platform that reimagines how agents and brokers interact and distribute their real estate data. This collaboration marks a major milestone in REsides’ mission to modernize the MLS experience, the company stated. By leveraging Amplify Systems’ advanced technology, the new REsides…
When asked about the secret to his success at REMAX Island Realty on Hilton Head Island, South Carolina, Robert “Moose” Rini is quick to note that his bottom line is being driven by his frontline. As he approaches 33 years in real estate, Rini recalls his journey from the frontline to where he stands today…
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Above, the Ben Affleck/Jennifer Lopez estate for sale, and luxury agent Shauna Walters If there was one thing Ben Affleck and J.Lo knew for sure when they moved into their $60 million, 38,000-square-foot love nest back in 2022, it was that neither would ever have to wait to use the bathroom. How could they, considering…
Artificial intelligence is showing up everywhere in real estate—from listing descriptions and content creation to property search and showing apps. But not all AI is created equal. The real question for MLSs, brokerages and agents isn’t whether to use AI, but how to use it safely. Because what most professionals don’t realize is this: If…
Above, Art Carter The following is an open letter from Art Carter, CEO of California Regional MLS (CRMLS) to Compass CEO Robert Reffkin regarding Reffkin’s recent statement on social media claiming CRMLS’s end user license agreement forces agents to surrender ownership of content, which RISMedia covered Oct. 14. Okay, Mr. Reffkin, you got some people’s…
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