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Yoshikami: Expect US banks to flag fewer real estate defaults  CNBC

Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others.

More than 8 in 10 Americans still said it was a bad time to buy a home, and mortgage rates have been climbing again since Fannie Mae conducted the monthly National Housing Survey.

In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics.

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies.

Above, Matt Fetick Matt Fetick loved being a police officer. Helping is in his DNA. But when he realized that his REALTOR® friends were earning more money than he could ever earn as a cop, he traded in his ‘cuffs for a CRM. Licensed in 2004, he still does a shift as a paramedic now…

The post Success Is a Two-Way Street for Tri-State Team appeared first on RISMedia.

Above, Darryl Davis In today’s real estate world, critical and creative thinking is not just an advantage—it’s essential. Our industry is inherently dynamic, demanding that agents continuously adapt, innovate and tackle challenges in ways that distinguish them from the competition. These twin engines of creativity and critical thinking fuel success, enabling agents to deliver exceptional…

The post Plot Twists and Property Lists: The Art of Creative Real Estate appeared first on RISMedia.

Cheapest Places To Buy A Home In The U.S.  Bankrate.com

The real estate landscape is shifting, and with it, the conversations agents are having with their clients. Traditionally, in-depth discussions about compensation, services and pricing were reserved for sellers. However, with the new settlement changes, these conversations are taking place with both buyers and sellers. Change can be intimidating, but it’s important to remember that…

The post Navigating New Buyer Conversations with Confidence: A Guide for Real Estate Agents appeared first on RISMedia.

Papanii Okai will help the mortgage giant harness artificial intelligence and build out fintech platform connecting its real estate, lending and personal finance subsidiaries.

Homeownership used to mean stable housing costs. That's a thing of the past.  USA TODAY

Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, has announced an agreement with Arab MLS to enhance its real estate practices across the Arab region and beyond. UCO will advise Arab MLS to further drive efficiency, transparency, user experience and the way people connect with properties, starting with Egypt, Dubai, Kuwait, Bahrain, Qatar, and…

The post Stellar MLS Subsidiary Working With Arab MLS to Enhance Practices in the Arab Region appeared first on RISMedia.

California-based proptech leader RealScout has partnered with T3Sixty and Tom Ferry to release its inaugural Teams Report, which dives into the intricacies of developing a successful team and the unique challenges surrounding technology, marketing, lead generation, recruiting and retention, brokerage relationships, and long-term goal-setting.

With recent changes to REALTOR® rules, buyer agents must remember to be extra transparent and communicative with their clients. If you’re on a team, then practice sessions with your teammates during meetings are a must. Even better, center each of these roleplays around a specific theme or likely concern buyer agents might have. Some suggestions:…

The post Team Tactics: 3 Likely Buyer Concerns to Put at Ease appeared first on RISMedia.

The National Association of REALTORS® (NAR) has announced five winners of the 2024 Good Neighbor Awards. Celebrating its 25th year, the awards spotlight REALTORS® who are not only experts in their field but also champions of volunteerism. The 2024 Good Neighbor Award winners are as follows: Ed Gardner, Gardner Real Estate Group (Portland, Maine) Stacy…

The post NAR Announces 5 2024 Good Neighbor Award Winners appeared first on RISMedia.

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. John L. Scott and Real Estate One settle Two independent brokerages have added to the pool of settlements in commission lawsuits, as reported on Oct. 3.  John L. Scott Real Estate—which does business…

The post COURT REPORT: Three More Settlements Reached, One Delayed appeared first on RISMedia.

Embrace the full spectrum of thoughts — positive and negative — and you'll find a more profound sense of freedom and power in your career, author, coach and broker Aaron Hendon writes.

European stocks eke out small gains, Orsted shines  Reuters.com

European stocks eke out small gains, Orsted shines  Reuters

eXp has joined the list of real estate brokerages and organizations settling the many commission lawsuits filed by homesellers that have impacted the industry. The company had been a longstanding holdout of the U.S.’s largest brokerages—ones not covered in NAR’s settlement—to settle in the commission cases. The brokerage has agreed to pay $34 million and…

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