Supreme Court Justice Oliver Wendell Holmes Jr. once wrote, “Taxes are the price we pay for a civilized society.” As a real estate agent, though, you know to always look for possible price deductions. One of the most common taxes homeowners face is a property tax, one of many increasing carrying costs when it comes…
Fathom Holdings Inc. has acquired START Real Estate, a residential brokerage dedicated to serving first-time homebuyers. Headquartered in Colorado with recent expansion into Utah, START Real Estate’s 70 agents are expected to close approximately 400 transactions this year with a mortgage attach rate exceeding 70%. Founded by Randy and Terri Bell, START Real Estate has…
Rechat has announced a new integration with Loft47, a back office automation and commission management platform. Rechat says that together, the companies will deliver a seamless brokerage experience connecting a scalable, secure and fast commission management platform. Brokerages can now manage deals, compliance, commissions and payouts in one workflow. “Our integration with Loft47 reinforces our…
Above, Duff Rubin Vitals: Coldwell Banker Realty, Southeast Region Years in business: 119 Size: 112 offices, 13,000 agents Regions served: Southeast and Mid-Atlantic 2024 Sales Volume: $30 billion 2024 Transactions: 50,045 https://www.coldwellbankerhomes.com Growing up in Canada, Duff Rubin wanted to be a professional hockey player, but when he realized that dream wasn’t going to come…
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, David Deza Agents and brokerages today are balancing unprecedented industry change while guiding clients who are under tremendous pressure from economic and market conditions. In this environment, clarity of purpose is not a luxury, it’s essential. The most important question for any agent is not, “How many homes can I sell?” but rather, “Why…
Continuing a pattern of small movements expected as the government shutdown continues, rate saw only a slight downward trend this week. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average 30-year fixed-rate mortgage (FRM) slid three basis points to 6.27% from last week’s average of 6.30%. “Mortgage rates…
A federal judge yesterday temporarily blocked the Trump administration from laying off thousands more workers during an ongoing government shutdown, including around 442 from the Department of Housing and Urban Development (HUD). Granting a request in a lawsuit by federal labor unions, Judge Susan Illston in the Northern District of California cited President Donald Trump’s…
According to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI), which gauges builder perceptions of current and future single-family home sales, homebuilder sentiment levels increased in October, as future sales expectations surpassed the 50 point breakeven mark for the first time in almost 10 months. “The HMI gain in October is a…
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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