The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved, but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R. Bough was issuing his final approval of NAR’s settlement, the plaintiffs in the Batton 2 homebuyer commission suit filed…
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Mortgage applications increased 2.8% on a seasonally adjusted basis during the week ending Nov. 29 as borrowers took advantage of improved inventory levels and the lowest mortgage rates in a month, according to data released Wednesday by the Mortgage Bankers Association (MBA). Purchase loan activity drove total applications higher last week, which included an adjustment…
In this week’s episode of the RealTrending podcast, host Tracey Velt is joined by Danielle Wilkie, co-founder of The Helm, to discuss emerging trends in real estate, female representation in real estate coaching and artificial intelligence. This interview has been edited for length and clarity. To kick off the conversation, Wilkie explores her career path…
Life hasn’t been easy lately for U.S. real estate brokerages. Unaffordable housing has been exacerbated by constrained inventory levels, stubbornly high mortgage rates, historically low home sales, potential commission rate compression and a never-ending string of legal threats. To adjust to the stagnant and shrinking housing market, brokerages are trying to add real estate agents…