NAR Files Lawsuit of Its Own Against REX
Who says you can’t sue the same folks that are suing you? The National Association of Realtors® (NAR) filed a lawsuit on Jan. 28 against REX-Real Estate Exchange Inc., alleging that the Texas-based real estate startup deceived consumers by making false and misleading advertisements and statements about its services. “NAR will oppose attempts to mislead […]
5 Tips to Jump-Start Sales in 2022
It’s a new year and time to ramp up. Some agents completed their business plans months ago and are already focused on having a profitable year. However, it’s never too late to develop a plan to keep you on track. If you fell short of your goals last year, here are five strategies to help […]
2021 Price Surges Yield Record-Level Profits for Home Sellers, Report Says
It’s no secret that 2021 was a banner year for real estate sales, but a new report from ATTOM Data Solutions indicates that homeowners that were willing to sell last year reeled in a profit that hasn’t been seen in more than a decade. ATTOM released its Year-End 2021 U.S. Home Sales Report on Jan. […]
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How to Navigate the Modern Era of Real Estate Leads
I’ve been in the real estate technology space for a long time and distinctly recall the beginnings of the “leads tsunami” that was created by the likes of Zillow and realtor.com as they worked to keep agents paying monthly fees and revenue flowing. They “rang the bell” for agents and subscribing brokerages by moving further […]
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Fathom Realty Welcomes Four District Directors to Leadership Team
Fathom Realty has announced the recent appointment of four new members of its leadership team including David Karas in Jacksonville, Florida, Marie Wilson in central Montana, Keilani Rolls in Tulsa, Oklahoma, and Richard (Rick) Roat in Nashville, Tennessee. Fathom issue the following information about the new members. David Karas Karas has been a licensed REALTOR® […]
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Berkshire Hathaway HomeServices Florida Network Realty Achieves Record $1.87 Billion Sales Volume in 2021
Berkshire Hathaway HomeServices Florida Network Realty has announced the company achieved $1.87 billion sales volume in 2021, a 30% increase from its sales volume in 2020 and exceeding all previous sales records. Among properties priced $750,000 and above in Duval, Clay and St. Johns counties, Berkshire Hathaway HomeServices Florida Network Realty ranked No. 1 in […]
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Homebuyers Kick-off 2022 Ready to Compete
Homebuyers are kicking-off 2022 ready to compete, according to realtor.com’s Weekly Data Report, which shows listing prices continue to rise at a double-digit pace and time-on-market remains historically low. Key findings: The U.S. median listing price increased 11.7% over last year, making the sixth straight week of double-digit gains and the highest annual growth rate […]
Broker Confidence Dips Slightly in January Amidst Inventory and Pandemic Concerns
Editor’s note: On a monthly basis, we will be checking in with more than 3,000 of the U.S.’s top residential real estate brokers to gauge their confidence in their own business and the overall market, on a scale from 1 – 10. Additionally, we will ask relevant questions pertaining to the current state of the […]
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Tight Supply Drives Pending Home Sales Down in December
As 2021 ended, pending home sales tallied another month of declines in December, according to recent data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, dropped by 3.8% in December, sliding to 117.7. All regions saw year-over-year contract signings decline […]
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Mortgage Rates Remain Flat
After a month of rising mortgage rate increases, this week’s data shows a flattening, according to Freddie Mac’s Primary Mortgage Survey. The rate increases have not significantly impacted demand in the real estate market, although gradual increases are expected to continue soon. Freddie Mac suggest that now is still a good time for homeowners to […]