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…

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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.

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When Thomas Jefferson noted that all men (and women) are created equal, he didn’t mean real estate agents. Since you’ve gone to the trouble of reading this, you’re clearly serious about your craft. Not so for many others. They are the ones who will find that clients today are much savvier than they used to…

The post 6 Reasons Clients Walk Away From Their Real Estate Agent appeared first on RISMedia.

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Todd Luong knows all the usual gripes regarding the current state of residential real estate, and is quick to shrug his shoulders. Elevated mortgage rates? No big deal. Limited inventory? Whatever. High home prices? Get serious. As with so many other industry professionals, those factors can affect sales for the longtime agent with REMAX DFW…

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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…

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According to a regulatory filing yesterday, Real’s bid to purchase REMAX for $880 million is moving forward—as far as the Department of Justice (DOJ) is concerned—with a waiting period created to allow antitrust review of big corporate mergers passing today. In the statement filed with the Securities and Exchange Commission (SEC), Real said that the…

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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…

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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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