Washington’s law restricting private home listings took effect June 11—and both sides of the state’s high-profile fight over listing policy have very different takes on the new rules. Senate Bill 6091, signed in March, requires that any residential property publicly marketed in Washington be concurrently marketed to the general public and all real estate brokers. …
A six-year legal battle over a stolen commission in Miami-Dade County concluded last month with a jury awarding a broker $47.8 million in damages, one of the highest wherein a jury authorized and awarded punitive damages in a Florida broker commission dispute, according to the plaintiff’s attorney. The case dates back to 2018, long before…
As we usher in the next phase of artificial intelligence in real estate, Lofty is shifting the focus from siloed, task-oriented tools to proactive, goal-oriented autonomy with Lofty AOS—the industry’s first agentic AI operating system. While most AI used by agents and brokerages has, until now, primarily responded to prompts and offered insight—still requiring manual…
Above, from left, Ginger Holmes and Tonya Hamilton Ginger Holmes Owner/Managing Broker Tonya Hamilton Vice President, Relocation and Business Development Berkshire Hathaway HomeServices Woodmont Realty Brentwood, Tennessee https://www.bhhs.com/woodmont-realty-tn301 Region served: Middle Tennessee Years in real estate: 35 (36 as a company) Number of offices: 2 Number of agents: Approx. 120 Favorite relationship-building strategy: Stay in…
Following a slight average mortgage rate increase this week, economists are pointing to a slow summer housing market ahead and even a possible interest rate increase, but recent housing reports show the market continues to hold steady. The average 30-year fixed mortgage rate increased to 6.52% from 6.48% last week, according to the latest Primary…
Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historically better. Zillow’s May Market Report saw monthly mortgage payments on a typical home (currently valued at $368,720) clock in at $1,861 (assuming…
Google’s effort to embed listings directly into its world-dominant search engine just expanded nationally as the tech mega-company leans into the scramble for listing control and display. Starting this summer—but currently limited only to mobile—consumers across the country will see entire listings with photos, pricing, home characteristics and the identities of listing agent and brokerage…
As the market continues to shift heading into the second half of the year, with rising home prices and growing inventory shaping the landscape amid broader economic uncertainty, real estate leaders are riding the wave of momentum as they plan for the months ahead. To gain insight into how real estate professionals are guiding their…
For Danny Hernandez, real estate has never been only about closing deals—it’s about the families on the other side of them. Over 36 years in the industry, he has helped thousands of them reach the closing table, an experience that now informs how he leads Realty ONE Group’s expansion beyond U.S. borders. As Vice President,…
Above, Jessica Edgerton (courtesy of CMLS) Amid a fundamental reorganizing of the MLS space, the Council of Multiple Listing Services (CMLS) announced that Jessica Edgerton, a lawyer who previously served in high-profile leadership roles at Leading Real Estate Companies of the World® (LeadingRE) and as a lawyer for the National Association of Realtors® (NAR) will…
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