An annual study out by the the National Association of Realtors® today reveals some alarming homebuyer statistics, namely the number of first-time buyers has dropped to a record low while the age of those same buyers has reached an all-time high, posing some dire implications for younger buyers trying to enter the housing market. According…
Pending home sales in September showed no change from the prior month and fell 0.9% year-over-year, according to the National Association of Realtors® (NAR) Pending Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales under contract. Month-over-month and year-over-year pending…
Weichert Real Estate Affiliates, Inc. hosted hundreds of the brand’s brokers, owners and associates from offices across the United States and from international markets in Portugal and Aruba at its national conference, Weichert SPARK, Oct. 7-9 at Loews Royal Pacific Resort at Universal Studios in Orlando. The event featured keynote presentations and opportunities for attendees…
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in September, and a 4.1% year-over-year increase in sales–key factors that could signal growing buyer confidence and demand as mortgage rates ease. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Economist Lawrence…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Road to Housing bill passes Senate On Friday, October 10, 2025, the U.S. Senate passed the Road to Housing Act as part of a larger legislative package. The bipartisan bill is a comprehensive housing…
A protracted legal battle over whether real estate professionals can create and share floor plans when marketing homes finally ended Monday after the Supreme Court declined to revisit an appellate court’s decision allowing the practice. The high court’s refusal to hear the case reconfirms the January ruling from the Eighth U.S. District Court of Appeals…
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…
If you’ve ever applied for a mortgage, you may have been bombarded by calls, texts and emails from competing lenders and brokers after applying. At best, these messages are a nuisance; at worst, they’re nearly enough reason to change your phone number entirely. However, National Association of Realtors® (NAR)-supported legislation will put an end to…
Above, Nykia Wright Reaffirming a commitment to “transparency, accountability, discipline and focus,” National Association of Realtors® (NAR) CEO Nykia Wright recently published a letter to membership that introduced the organization’s value proposition for 2026 – 2028 and the development of its 2026 – 2028 Strategic Plan. Wright also announced that NAR will be publishing its…
Above: Rick Haase and Marco Fregenal Despite legal changes that came about due to the Burnett v. National Association of Realtors® et al. lawsuit settlement, commissions remain central to the real estate industry, driving $1.5 trillion in annual transactions and shaping how professionals earn and brokerages attract highly productive agents, brokerages and teams. With increased…
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