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New York real estate board names new president

John Banks, the five-year president of the Real Estate Board of New York announced Wednesday that he’s retiring to spend more time with his family and pursue philanthropic interests. Jim Whelan, the current executive vice president, has been confirmed to succeed Banks.  Source: click here

Bombshell suit against real estate firms could get even bigger

Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Source: click here

Growing cities losing affordable housing at alarming rate: Study

Rapidly growing American cities are losing affordable housing at an alarming rate, according to a study released Wednesday by Freddie Mac, a government-sponsored entity that buys mortgages and packages and resells them as mortgage-backed securities. The percentage of multi-family rental units affordable to households making 50 percent of the area median income in any given […]

May the footstool be with you? Disney collaborates with designer for ‘Star Wars’ furniture series

Darth Vader as an armchair? Disney has collaborated with Filipino designer Kevin Cobonpue for a Star Wars furniture series. The brains behind the collaboration, Cobonpue first launched a Star Wars-inspired furniture collection in the Philippines last fall. The series, which includes a fuzzy footstool modeled after Chewbacca’s hair and a spindly lamp made of mini lightsaber-wielding […]

EXp Realty sued for trademark infringement … by EXP Realty

Weeks after announcing an expansion into New York City, eXp Realty has been hit with a lawsuit by a very similarly named brokerage. Source: click here

Trump creates affordable housing council, taps Ben Carson as chair

Amid a growing sense of national crisis over the cost of housing, President Trump created a new government council Tuesday and tasked it with clearing “regulatory barriers,” such as zoning, that get in the way of building new homes. Ben Carson | Credit: HUD Ben Carson — who leads the U.S. Department of Housing and […]

Sellers: Don’t even think about listing till you answer these 10 questions

There are a ton of issues sellers need to consider before sticking that for-sale sign in the yard. As agents, if you get a lot of calls from wannabe sellers looking to simply plop their house on the market, here are 10 questions (with answers) that you can share with them for a dose of […]

How buyer’s agents must adapt to survive

Buyer’s agents must face some cold hard truths about what lies ahead for our industry and prepare to adapt their current business practices to thrive in the future. Here’s why. Source: click here

Light it up! 6 tips to make your home staging shine

Although furniture layouts and paint colors get a lot of attention in the staging process, one essential element is a home’s lighting. To ensure your clients have everything lit to perfection, here are six glow-related tips for any home stager. Source: click here

What’s in a name? How street names can impact a deal

Apparently, the question of whether street names matter to buyers hit a nerve with a number of real estate professionals across the nation. Here are some of the best stories we gathered. Source: click here

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