Compass cuts losses in Q3, addresses commission lawsuit threat
Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew by 26 basis...
Opinion: Bank capital requirements would put squeeze on mortgage market
In September, the nation’s banking regulators released a proposal to increase the capital required of banks with more than $100 billion in assets. The effort was...
Freddie Mac elects Lance Drummond as next board chair
Freddie Mac announced Tuesday that Lance Drummond will be the chair of its board of directors due to Sara Mathew’s retirement in February 2024, as required by...
5 ways to provide overwhelming value to buyer clients
It’s a fact: Buyer-side commissions are no longer a guarantee and no longer an entitlement. You can’t just assume you’ll be receiving a set percentage on...
Agent commission lawsuits cast long shadow over VA, FHA borrowers
The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. In the aftermath, one of the most contentious issues...
Is this the beginning of the end of the housing market recession?
https://www.youtube.com/watch?v=JzxUujdIf5s
While home prices in the U.S. held up in 2023, sales volume in the housing market cratered. Consumers care about home prices and mortgage rates; the...
28 real estate circle prospecting ideas, tips, tools & scripts
In an ever-changing real estate market, agents are looking for the best way to generate leads. In light of the recent NAR lawsuit outcome, seller leads...
Homebuyers faced high mortgage rates, worsening affordability in October: ICE
Stubbornly elevated mortgage rates created more affordability pressures for homebuyers in October, according to ICE Mortgage Technology’s November Mortgage Monitor report.In October, the monthly payment needed...
10 ways for real estate agents to stay compliant with fair housing laws
The last thing homebuyers and sellers expect to encounter on their real estate journey is discrimination. But until 1968, unethical practices in real estate prevented thousands...
AI could improve racial equity in homeownership, but there’s work to be done
The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in...