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Meet the new owners of the Menendez family mansion

USA Real Estate News-Inman - Wed, 2024-10-09 14:48
The Iranian-American Lahijani family is practiced in real estate investment and acquired the property in March for $17 million. The family has reportedly begun a complete renovation of the home.

Thoughts on Leadership: The True Meaning of Hard Work in Today’s World

USA Real Estate News-RISMedia - Wed, 2024-10-09 14:35

As we embraced the unique start of our Real Estate New Year last week, marking the final 90-day sprint with strategic enthusiasm, we now delve deeper into what truly drives our success during these critical months. It’s not just about meticulous planning and aligning our calendars—it’s about the essence of hard work. This week, as…

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Survey: 42% of Agents Say Mandatory NAR Membership Is ‘Unfair,’ but Majority Will Stay Members

USA Real Estate News-RISMedia - Wed, 2024-10-09 14:15

In the wake of ongoing class-action settlements, REALTORS® are assessing the role associations play in the industry. Alabama REALTORS®, for instance, has put forth a proposal to end mandatory membership in the National Association of REALTORS® (NAR). To further assess this trend, the MLS-consulting firm WAV Group conducted a national survey back in August, polling…

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Real estate is still processing Aug. 17 and Clear Cooperation

USA Real Estate News-Inman - Wed, 2024-10-09 13:54
During a panel at Inman Connect Austin on Wednesday, Rachel Hocevar of Compass and Romeo Manzanilla of @properties Christie's International Real Estate discussed the implications of industry shakeups.

Leveraging the Value of the MLS to Successfully Serve Appraisers

USA Real Estate News-RISMedia - Wed, 2024-10-09 13:52

Above, Warren B. Boizot III Today, approximately 76% of all real estate transactions in Colorado are facilitated by REcolorado, according to InfoSparks—as brokers, agents and others in the industry rely on the MLS’s data, technology and intelligence to successfully serve their clients. REcolorado is also a great fit for appraisers, many of whom have experienced…

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Industry Veteran Bill Helton Joins Pillar To Post as Franchise Recruiting Director

USA Real Estate News-RISMedia - Wed, 2024-10-09 13:39

Above, Bill Helton Pillar To Post has announced the addition of Bill Helton, CFE, as its new Franchise Recruiting Director. With over 20 years of franchise experience, the home inspection company says Helton’s extensive background will further bolster the brand’s commitment to its unique executive-driven franchise model.. According to the company, Pillar To Post’s Executive…

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Plaintiffs in eXp Sexual Assault Cases Spar Over Definitions, Facebook Messages

USA Real Estate News-RISMedia - Wed, 2024-10-09 12:31

With mega-brokerage eXp facing multiple civil lawsuits accusing the company of being complicit in a “scheme” of druggings and sexual assaults by top recruiters, lawyers representing the company butted heads with plaintiffs on multiple issues at a court hearing for two of the cases on Tuesday, Oct. 8.  Several women (and most recently, shareholders) have…

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Realtor.com CEO Damian Eales urges caution on Clear Cooperation

USA Real Estate News-Inman - Wed, 2024-10-09 12:24
Eales said the U.S. model of cooperation remains the gold standard — but declined to take a stance on NAR's policy. "Beware what you wish for," he said on Wednesday at Inman Connect Austin.

Mortgage Companies, Trade Groups Launch New Program to Address Racial Homeownership Gap

USA Real Estate News-RISMedia - Wed, 2024-10-09 12:10

The Mortgage Bankers Association (MBA) and 13 industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap. Over the next three years, the CONVERGENCE Collaborative will deploy more than $1 million annually to build on the existing network of location-based CONVERGENCE…

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Agents ‘not buying’ industry pleas to keep Clear Cooperation rule

USA Real Estate News-Inman - Wed, 2024-10-09 12:04
Inman Connect Austin kicked off with a spirited debate about Clear Cooperation and the disconnect between brokerage leaders and agents over whether to keep it.

Mortgage Applications Down for Second Week After Slight Uptick in Rates

USA Real Estate News-RISMedia - Wed, 2024-10-09 11:57

Applications for home purchases dipped again this week following mortgage rates moving higher, according to the Mortgage Bankers Association’s (MBA) latest Weekly Applications Survey for the week ending October 4, 2024.  MBA reported that mortgage applications decreased 5.1% from one week earlier, when they dipped 1.3%. Overall applications are still up over this time last…

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Coldwell Banker, RE/MAX, eXp Realty swept up in Section 8 sting

USA Real Estate News-Inman - Wed, 2024-10-09 11:50
A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state.

Real Estate Professionals Offer Help, Hope to Hurricane Helene’s Victims

USA Real Estate News-RISMedia - Wed, 2024-10-09 11:36

Above, Hurricane Helene caused a tree to crash on the home of Savannah Pope in western North Carolina (photograph courtesy of Savannah Pope). Savannah Pope and her family are navigating the unknown after furious winds from Hurricane Helene sent a tree crashing through the second story of the roof of their western North Carolina home.…

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Super App stronger, Zillow acquires Virtual Staging AI

USA Real Estate News-Inman - Wed, 2024-10-09 11:30
Another online space editor means the portal leader continues to focus on helping agents better serve sellers and buyers better grasp the potential of a prospective home.

Forbes Global Properties Announces Merger of Telluride Properties and Telluride Real Estate Corp.

USA Real Estate News-RISMedia - Wed, 2024-10-09 11:29

Above, 851 Wilson Way, Telluride, Colorado listed by Telluride Properties/Forbes Global Properties. Listed as “One of the most stunning residences ever constructed in the Telluride region, including floor-to-ceiling glass, soul stirring views, infinity edge pond and flowing floor plan, creating an immersion in nature like no other home.” Listing price: $22,500,000 and represented by Steve…

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REALTOR® Realities: Job Insights From Longtime Pros to Prospective Agents

USA Real Estate News-RISMedia - Wed, 2024-10-09 11:07

Most everyone likes to talk about what they do professionally. Well, maybe not lawyers worried they’ll be cornered for free legal advice. But inquire of people you meet about how they earn a living, and you’ll usually get a positive response. What about your job as a REALTOR®? You know the deal. Anything to turn…

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