Estate agent

Slow Start to Spring Buying Season in March as Inventory Pressures Persist, Latest HouseCanary Report Shows

Retrieved on: 
Tuesday, April 2, 2024
Residential Building & Real Estate, Construction & Property, REIT, AVM, Entrepreneurship, Federal, Disclosure, Estate agent, Acquisition, Sale, Hope, MD, Trade name, Housing, CO, OK, Federal Reserve, Real estate

As we step into spring buying season, a time which many consider to be the most active homebuying period of the year, inventory pressures continue to pervade the housing market.

Key Points: 
  • As we step into spring buying season, a time which many consider to be the most active homebuying period of the year, inventory pressures continue to pervade the housing market.
  • While inventory is up 12.6% versus the same period in 2023, total housing stock continues to remain historically low.
  • Jeremy Sicklick, Co-Founder and Chief Executive Officer of HouseCanary, commented:
    “Over the past month, net new listings and contract volumes have continued to trend at multi-year seasonal lows.
  • The interest rate shock is the biggest factor responsible for sustaining inventory scarcity.

Tampa Bay Real Estate Company Eliminates Commission Offerings From Multiple Listing Service As A Result Of NAR's Settlement Agreement

Retrieved on: 
Saturday, March 23, 2024
Real estate, Plaintiff, Tampa Bay area, Fox 9, NAR, Sale, Interview, Local, Estate (law), MLS, National Association of Realtors, Multiple listing service, Estate agent, Multimedia

SPRING HILL, Fla., March 23, 2024 /PRNewswire-PRWeb/ -- The National Association Of Realtors last week announced a bombshell, NAR has agreed on a settlement of a lawsuit regarding real estate commissions to the tune of $418 Million. The Sitzer-Burnett case is a class action lawsuit that was filed in Missouri Federal Court by a group of Home Sellers against NAR and other defendants. On October 31st 2023 with just 3 hours of deliberation the jury in the case delivered a blow to NAR with a surprise verdict that sided with the Plaintiffs. NAR of course was to appeal the case, however just last week announced a settlement agreement with the plaintiffs. In part the settlement agreement will require NAR to pay out $418 Million over the next 4 years, and the Association has agreed to have all commissions removed from MLS as well as abolish cooperation rules that require listing agents to make an offer of compensation to a buyer's agent on MLS. These new rules go into effect Mid July, assuming the Judge signs off the settlement agreement, which has not happened just yet.

Key Points: 

RESAAS Launches Real Estate Agent Advisory Board

Retrieved on: 
Wednesday, March 13, 2024
Estate agent, Real, Real estate, Property management

"RESAAS is an Industry Platform for Real Estate.

Key Points: 
  • "RESAAS is an Industry Platform for Real Estate.
  • We are committed to providing solutions that fit the needs of today's Real Estate Agents," said John Allan, Director of Product at RESAAS.
  • "The formation of our inaugural Real Estate Agent Advisory Board will provide an important source of opportunities, data and insights to allow RESAAS to continue to deliver value to the Real Estate Industry."
  • A Global Real Estate Agent Advisory Board will follow, underscoring RESAAS's commitment to Global Real Estate Activity and Referrals.

JPAR® - Real Estate 2024 Star Awards Winners

Retrieved on: 
Tuesday, March 12, 2024
TEAM, Real estate, Social media, NP-hardness, PAMELA, JAM, Rookie, DAN, Star Awards, REAL, Internet, Partnership, SAN, Team, Empowerment, CITY, Volume, Best, Estate agent, ERICA, Affiliation, Closed, Intermediary, Property management

FRISCO, Texas, March 12, 2024 /PRNewswire/ -- JPAR® - Real Estate, a leading real estate brand, is thrilled to unveil the recipients of the 2024 Star Awards, spotlighting the exceptional accomplishments of our top performers across diverse categories.

Key Points: 
  • FRISCO, Texas, March 12, 2024 /PRNewswire/ -- JPAR® - Real Estate, a leading real estate brand, is thrilled to unveil the recipients of the 2024 Star Awards, spotlighting the exceptional accomplishments of our top performers across diverse categories.
  • Renowned as the pinnacle event in the real estate sphere, the STAR Awards, inspired by the iconic star in our JPAR® logo, commend the industry's brightest stars.
  • Team Production by Closed Sides: PECHIN REAL ESTATE GROUP - WICHITA, KS
    Pechin Real Estate Group, has been awarded the Team Production award for their exceptional teamwork and achievements.
  • "I couldn't be more proud and excited for our 2024 Star Award recipients," said Chris Sears, President of JPAR® - Real Estate, Texas.

Montreal Resale Market Turns Around Earlier Than Anticipated

Retrieved on: 
Wednesday, March 6, 2024
Bank, Sale, Estate agent, CMA, Greater Montreal, Arms industry

L’ÎLE-DES-SOEURS, Quebec, March 06, 2024 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of February 2024. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • Prices steadily climbing while market conditions continue to favour sellers despite an 18 per cent increase in total listings.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • The median price increases were more pronounced for Vaudreuil-Soulanges (+11 per cent) and the South Shore of Montreal (+9 per cent).
  • The Island of Montreal, Laval, the North Shore of Montreal and Saint-Jean-sur-Richelieu follow with a similar increase of 5 per cent.

An Early Spring for Quebec City: Sales and Prices Are Up in February

Retrieved on: 
Wednesday, March 6, 2024
Estate agent, PLEX, Acceleration, CMA, Cryptocurrency

The most recent market statistics for the Quebec City Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • The most recent market statistics for the Quebec City Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • Residential sales in the Quebec City CMA territory totalled 967 in February 2024.
  • The South Shore of Quebec City (190 sales) follows with a significant increase of 19 per cent.
  • The median price of single-family homes in Quebec City’s Northern Periphery reached $377,000, up sharply by 14 per cent.

Franchise Fee Waived: AI-Powered "FLAT FEE" Real Estate Brokerage Offering Its First 20 Franchise Opportunities at No-Cost

Retrieved on: 
Monday, March 4, 2024
Estate agent, Interest, DOSS, Commit, Innovation, Movement, Property management

HOUSTON, March 4, 2024 /PRNewswire-PRWeb/ -- In a groundbreaking move that is designed to make an instant impact, DOSS, an innovative AI-powered real estate brokerage, announces the launch of its franchise accelerator with an unprecedented offer: The first 20 franchises will be awarded at no cost*.

Key Points: 
  • by Buckminster Fuller
    With the real estate landscape evolving rapidly, DOSS is empowering agents, brokers, and entrepreneurs to embrace the future of real estate with its AI-driven " flat fee " brokerage model.
  • "This is a game-changer for aspiring and progressive real estate professionals," says CEO/Founder Bobby Bryant .
  • "We believe that everyone should have access to this opportunity, support, systems, and technological tools needed to thrive in any real estate market.
  • "This opportunity is not just about owning a real estate franchise; it's about becoming part of a movement," adds CEO/Founder Bobby Bryant.

LEADING WITH INTEGRITY: ANYWHERE RECOGNIZED FOR 13 YEARS AS ONE OF THE WORLD'S MOST ETHICAL COMPANIES®

Retrieved on: 
Monday, March 4, 2024
Certification, Recognition, National Association, Ethics, Culture, Empowerment, ESG, Diversity, Estate agent, Woman, Organization, NAREB

"I am incredibly proud that for 13 years in a row Anywhere has been designated one of the World's Most Ethical Companies," said Ryan Schneider, Anywhere chief executive officer and president.

Key Points: 
  • "I am incredibly proud that for 13 years in a row Anywhere has been designated one of the World's Most Ethical Companies," said Ryan Schneider, Anywhere chief executive officer and president.
  • Embracing high ethical standards as noted by employees in the annual Anywhere Employee Engagement Survey.
  • Helping entrepreneurs across our industry leading brands build an ethical and solid foundation for their businesses.
  • That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants.

CHARLOTTE MAYOR VI LYLES AND WELLS FARGO EVP GEORGETTE DIXON JOIN NAREB FOR "A FIRESIDE CHAT WITH WOMEN OF IMPACT"

Retrieved on: 
Thursday, February 29, 2024
Real estate, National Association, Committee, WIRE, Woman, Conference, Estate agent, Wells Fargo, NAREB, HERE, Employment, Education

CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ --

Key Points: 
  • Led by NAREB President Dr. Courtney Johnson Rose and NAREB 3rd Vice President Courtney Jones, the session will focus on the tremendous impact of women engaged in real estate, finance, and community engagement based on findings in the newly released W.I.R.E report.
  • The report can be downloaded HERE .
  • Friday's session will include:
    10:40 a.m.
  • Partner Moment - Ewunike Brady, Wells Fargo
    10:45 a.m.  Faith-Based Committee Updates – LaDonna Parker, FB-CE Chair
    10:55 a.m. W.I.R.E Report Introduction - Sheryl Merrit, WIRE Chair
    11:00 a.m. 11:15 a.m. W.I.R.E Report Overview  - Dr. Vickie McBride and Dr. Sheri Smith

Julia B. Fee Sotheby's International Realty Expands Westchester County Presence With New Brokerage in Bedford, N.Y.

Retrieved on: 
Wednesday, February 21, 2024
Estate agent, Social media, Senior, Education, IBM, Growth, Sotheby, Hudson Valley, Anywhere Real Estate, Coldwell Banker, Sotheby's International Realty, Internet, Real estate

BEDFORD, N.Y., Feb. 21, 2024 /PRNewswire-PRWeb/ --  Julia B. Fee Sotheby's International Realty, the largest Sotheby's International Realty firm in the Northeast, has opened a new brokerage in Bedford, N.Y. The new office reinforces the company's commitment to serving buyers and sellers throughout Northern Westchester County.

Key Points: 
  • Fee Sotheby's International Realty, the largest Sotheby's International Realty firm in the Northeast, has opened a new brokerage in Bedford, N.Y.
  • The new office reinforces the company's commitment to serving buyers and sellers throughout Northern Westchester County.
  • The firm is now set to become an integral part of the community with a dedicated presence on Bedford's historic Village Green, located at 4 Court Road.
  • In addition, the Sotheby's International Realty brand's presence across social media reaches more than 1.25 million followers, making the brand virtually unmatched in the industry for online reach.