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topStories Wednesday, November 01, 2023
COURT UPDATE: Judge Again Denies Defendants in Burnett Trial
The plaintiffs’ case hinges on convincing a jury that the major corporate brokerages conspired with the National Association of REALTORS® (NAR) on rules that limited competition and harmed consumers, focused specifically on buyer agent compensation and the fact that sellers pay both agents. Along with NAR, HomeServices and Keller Williams are also defendants in the case, with RE/MAX and Anywhere settling before the trial...
New Home Sales Reverse Course, See Growth in September

New-home sales reversed course from their 8.7% dip in August and grew 12.3% in September, according to a new report from the National Association of Home Builders...
New York City Proposes Shifting Broker’s Fees From Renters to Landlords

New York renters also face broker’s fees, where they must pay the transaction’s broker a percent of their annual rent cost (usually 10% – 15%)...
Rent Prices Dip for Fifth Straight Month’s September Rental Report found that rent prices, while still significantly higher than pre-pandemic levels, dipped on an annual basis...
Mortgage Applications Dip Again After Long-Time Low

After a 6.9% decrease the previous week and hitting a 28-year low, mortgage applications dipped another 1.0% from one week earlier...
How to Triple Your Company Profits Through Recruiting
As a real estate broker, the need for growth and new top-line revenue is never-ending. One powerful strategy to achieve these goals is by recruiting new agents who can become an integral part of your team. Not only does this approach help grow company dollars...
Which Cities Are the Most Ready for the Future?
Existing-Home Sales Continue to Decline in September
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