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COURT REPORT: NAR, Douglas Elliman Settle Buyer Lawsuits in Copycat Case

USA Real Estate News-RISMedia - 2 hours 45 min ago

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR settles buyer lawsuits for $52.25 million The National Association of Realtors® (NAR) is settling buyer lawsuits for $52.25 million, opting into a copycat lawsuit in Illinois with what is being described as…

The post COURT REPORT: NAR, Douglas Elliman Settle Buyer Lawsuits in Copycat Case appeared first on RISMedia.

Drumming Up Leads and Listings Never an Issue for Nashville Team Leader

USA Real Estate News-RISMedia - 2 hours 48 min ago

Above: Ashton Real Estate Group of REMAX Advantage Co-Founders Gary Ashton and Debra Beagle. Talk about traveling to the beat of a different drum… Linda Ronstadt may have famously sung the words, but Gary Ashton has lived them, almost quite literally. While Ashton never garnered gold records as a rock band drummer, he’s achieved incredible…

The post Drumming Up Leads and Listings Never an Issue for Nashville Team Leader appeared first on RISMedia.

The Premarket Puzzle: What’s the Buzz on This Hot-Button Issue?

USA Real Estate News-RISMedia - 2 hours 54 min ago

“Premarket listings.” It’s the new industry catchphrase, thankfully replacing “commission lawsuits,” but, alas, it comes with its own controversy. The practice of promoting a property to potential buyers and agents before being listed on the Multiple Listing Service (MLS) has also made its way into the courtroom, most prominently via a tussle between Compass and…

The post The Premarket Puzzle: What’s the Buzz on This Hot-Button Issue? appeared first on RISMedia.

Buyer momentum builds, but it’s far from universal

USA Real Estate News-Inman - 3 hours 48 min ago
More than 60 percent of major U.S. housing markets are shifting toward buyers, as Realtor.com’s new Market Clock highlights a growing divide between regions and evolving local conditions.

CoStar scores win as activist investor drops Homes.com fight

USA Real Estate News-Inman - 4 hours 22 min ago
The hedge fund Third Point was one of two major players that was strongly critical of CoStar’s attempt to compete with three leading residential real estate portals

Existing-home sales fell 3.6% in March as buyer confidence erodes

USA Real Estate News-Inman - 4 hours 45 min ago
Sales dropped in every region of the country in March, yet the median existing-home price climbed to a record high for the month — the 33rd consecutive month of year-over-year price gains, according to NAR's latest existing-home sales report.

America’s debt problem could keep mortgage rates high

USA Real Estate News-Inman - 6 hours 1 min ago
The next obstacle to affordable housing may not be inflation or the Federal Reserve — it could be Washington's $38 trillion debt burden, experts say.

Why crypto-backed mortgages aren’t quite mainstream — yet

USA Real Estate News-Inman - 6 hours 10 min ago
Crypto-backed mortgages are emerging as an alternative for Bitcoin-rich buyers, but regulation and underwriting rules still constrain growth.

Serial scammer accused of defrauding real estate pros

USA Real Estate News-Inman - 6 hours 20 min ago
Sean McClay allegedly swindled 17 real estate investors out of more than $1.4 million. His victims have been described as a group of "sophisticated, knowledgeable real estate professionals."

New pre-marketing platforms face trust issues, adoption hurdles: Intel

USA Real Estate News-Inman - 11 hours 8 min ago
Many real estate agents tell Intel that newly announced partnerships to plug "coming soon" listings won't change how they do business.
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