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HomeServices of America, after paying $250 million to settle seller suits and being dropped from the largest buyer suit, for a few short days was maybe the only large real estate company not directly facing commission litigation. That changed Monday, when lawyers behind the largest buyer suit (known as Batton) re-filed their accusations in a…

The post HomeServices Hit by New Buyer Suit Days After Seller Settlement appeared first on RISMedia.

The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation and employment cost data. In its familiar refrain, the central bank left the federal funds target range untouched at 5.25% to 5.5% after its monthly meetings on Tuesday and Wednesday. Most investors and analysts expected…

The post Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight appeared first on RISMedia.

REIT's Property Liquidation Shows Effects of Tough US Office Market  CoStar Group

First-time homebuyers need income of $120K to afford median house in the US  cbs4local.com

The Corcoran Group has announced three new agents will be joining the brokerage–recruited not from within the real estate industry, but from the National Football League (NFL). Andy Levitre and Marc Mariani will be joining Corcoran Reverie in Nashville, Tennessee. Gregory Senat will be joining Corcoran Infinity Properties’ The Klipper Group in New Jersey. Levitre…

The post Corcoran Affiliates Recruit NFL Players as Agents appeared first on RISMedia.

Cloze—a software company that delivers AI-powered real estate solutions—announced today that Parks | Pilkerton—Tennessee’s largest residential real estate company—has selected their platform for lead management, multi-channel marketing automation, and customer relationship management (CRM). Cloze’s robust AI capabilities will help Parks | Pilkerton agents and leadership increase productivity and lead conversion. “As an organization, we’re committed…

The post Parks | Pilkerton Adopts Cloze for AI-Powered Real Estate Platform appeared first on RISMedia.

Editor’s note: Join Premier today to access this exclusive report! Can there be a more time-worn adage than “The more things change, the more they stay the same?” As we navigate the complexities of a post-Burnett world, you’ll be putting those words to the test. How will things change for you? What strategies will you…

The post EXCLUSIVE REPORT: How to Succeed in the Post-Burnett Market appeared first on RISMedia.

The May issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at RE/MAX and how they continue to attract new agents and affiliates, and expand their network for peak success in the industry. We also take a look at Reliance’s AI solutions, FBS…

The post The May Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.

The courts are definitely in motion as a batch of preliminary settlement approvals were signed off on by Judge Stephen R. Bough on Apr. 30. Bough—who oversaw the Burnett case—granted preliminary approvals for the recent commission lawsuit settlements by Compass, The Real Brokerage, @properties and Realty ONE Group and Douglas Elliman. The official filing stated…

The post Several Recent Settlements Receive Preliminary Approval appeared first on RISMedia.

The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.

Revealed: the ultra-glamorous agents set to star in Netflix's new luxury property show, Buying London  Tatler

In a post-National Association of REALTORS® (NAR) settlement world, buyer agents know they will need more than a quick stat or a flashy presentation to win clients. More and more, people are being told that they can find all the guidance they need in a home search on the portals. Whether or not this is…

The post 4 Online Resources Buyer Agents Can Use to Impress Clients appeared first on RISMedia.

Swiss Firm Empira Eyes Long-Term Growth In US Housing  Law360

Good news for London's property market as US investment rebounds  Yahoo Finance UK

In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms.

Attention new agents and fans of new agents! RISMedia’s popular Real Estate Rookie of the Year contest is now accepting nominations for 2024. The deadline to nominate a deserving candidate is June 5, 2024.  Nominate a Rookie! The 2024 Rookie of the Year award, designed to honor real estate agents who are new to the…

The post Nominations Now Open for RISMedia’s 2024 Real Estate Rookie of the Year appeared first on RISMedia.

Edmond de Rothschild hires signal real assets push in Europe  Citywire Selector

Alameda County plans $50m commitment to Heitman's US property fund  IPE Real Assets

Meet the VERY glamorous estate agents in Britain's Selling Sunset: From 'Mr Super Prime', to Made in Chelsea s  Daily Mail

U.S. Home Price Appreciation Accelerated in February - WORLD PROPERTY JOURNAL Global News Center  The World Property Journal