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Agent/broker perspective: Can agents challenge their brokerage’s philanthropic pursuits?

In this monthly column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic: An experienced top agent at a Miami real estate office has serious concerns about a social position taken by the company’s longtime charitable recipient. Source: click here

21 contract terms every agent should be able to explain with ease

As we go about our business, we sometimes forget that clients might not be familiar with common terms agents throw around without thinking (aka Realtor speak). Here are the 21 terms we consider most crucial for agents to explain to buyers and sellers without benefit of crib notes. Source: click here

The referral system that’ll land you 30 more deals per year

Most agents aren’t asking for referrals the right way or sometimes at all. If you’re not actively (and strategically) asking for referrals, you’re likely missing out on dozens of deals each year. Here’s how to effectively leverage your sphere of influence to close more referral deals. Source: click here

Bombshell NAR lawsuit: How much did sellers pay in buyer-side commission?

A recently filed lawsuit against NAR, among other big industry players, alleges that NAR-member agents, along with many of the country’s various multiple listing services, colluded to inflate Realtor commissions. Here’s a look at the commission numbers involved. Source: click here

Rent in southwestern region rising fast: CoreLogic

Rent prices in southwestern states continue to soar to unprecedented heights, according to new CoreLogic data released Tuesday. The cost of renting a single-family home increased by 2.9 percent nationwide and by 8 percent in Phoenix in February, according to the new analysis. The average single-family home now rents for $1,430. While prices rose by only 2 […]

Builder confidence rises in April

Builder confidence rose in April after two months of static, according to data from the National Association of Home Builders (NAHB) and Wells Fargo. Builder confidence is at 63 on a 0-100 scale, up one point from last month. Builder confidence has held in the low 60’s for three straight months. The Housing Market Index (HMI) […]

Redfin finds most affordable cities are also the least disaster-prone

Redin is helping prospective homeowners understand the risks associated with a high-cost home in certain cities. A new study from the tech-focused brokerage maps how disaster-prone certain metros are, while also factoring the cost of buying a home in that city. The study found that metros with low disaster scores tend to be more affordable […]

The home of a Titanic survivor has hit the market for $1.8M

A New York home that once belonged to a woman who was saved from the sinking Titanic has hit the market for $1.795 million. Courtesy of Ellis Sotheby’s Realty The property, which is located at 159 River Rd Grandview in Nyack, New York, was built in 1916. Margaret Welles Swift, of the Swift Meatpacking Company, had the home […]

NAR hit with yet another antitrust suit over buyer commissions

Another homeseller is challenging the sharing of real estate sales commissions between listing and buyer’s brokers, according to a new lawsuit. Source: click here

Realtor and congressional hopeful Leigh Brown files suit against FEC

The Federal Election Commission is barring Brown from running ads for her RE/MAX franchise before the election. Source: click here

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