A judge has ruled in defendants’ favor over the class certification dispute in the largest homebuying commission case: Batton vs. The National Association of Realtors® (NAR). Judge LaShonda A. Hunt granted a motion by defendants in the case, who include big brokerages along with NAR, ruling that the plaintiffs’ motions for Class Certification “stricken without…
In a legal filing Nov. 12 in New York’s U.S. District Court ahead of a high-stakes hearing starting Nov. 18 to address Compass’s preliminary injunction motion, Zillow defended its new rules around private listings amid its ongoing court battle with Compass. The standards, which took effect in June, prohibit listings on Zillow that are publicly…
Rhode Island-based top agent Kyle Seyboth is facing intense scrutiny over allegations that he called U.S. Immigration and Customs Enforcement (I.C.E.) on a buyer after a deal turned sour. Seyboth is also under a federal investigation by the Attorney General’s Office for allegedly conducting a foreclosure rescue scheme targeting vulnerable homeowners—also immigrants—based on an incident…
Keeping in touch with homeowner clients from the past is a no-brainer. Maintaining relationships can often lead to new business and referrals. There are certain times of the year when communicating comes naturally, and the holiday season is probably No. 1. Getting back in touch through emails or notes can provide a subtle reminder that…
Since taking office on the Federal Reserve Board of Governors in September, Stephen Miran has pushed for a looser monetary policy. At both the September and October Federal Open Market Committee (FOMC) meetings, Miran dissented from the majority vote to cut interest rates by a quarter point, in favor of a higher cut by half…
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. Being a local expert in real estate is not just about knowing the ins and outs of your market, it’s about being a pillar of your community. You…
The post How to Give Back and Gain Clients This Holiday Season appeared first on RISMedia.
The National Association of Realtors® (NAR) has faced significant criticism following the events of the Burnett trial and settlement, leaving many still dissatisfied with how the organization has responded to issues the association, and the real estate industry at large, continue to face. In response to ongoing concerns involving NAR, a group of 15 industry…
In a Q3 earnings call Nov. 11, Fathom Holdings, which includes Fathom Realty, the tech-focused, full-service brokerage under its corporate umbrella, reported 38% year-over-year revenue growth, a 24% increase in agent count and 23% transaction growth. “In the third quarter, we continued to build on the momentum achieved in the first half of the year,”…
Above, from left, Lisa O’Brien and Carrie Mellon Arizona real estate agents Lisa O’Brien and Carrie Mellon had never met before that fateful time in 2019, when O’Brien had a seller, Mellon had a cash buyer, and they closed the deal in a record six days. “It was amazing from the beginning how much we…
Government-sponsored enterprise (GSE) Fannie Mae employs an automated Desktop Underwriter (DU) system. Now, with a recent change in policy, lenders will face one less hurdle in giving loans out processed through the system. Previously, the DU system required that a borrower have a minimum credit score of 620 (or a cumulative minimum of 620 for…
| Newer Posts | Older Posts |