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topStories Thursday, October 31, 2024
Just Released: 2024 Contract & Commission Study
Commissions are falling. For now. After months of speculation—and years of trepidation—RISMedia can say definitively that at least in the short term, the percentage of a home’s sale price that agents and brokers claim as their hard-earned compensation has shrunk. 
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articles
FHFA, HUD Add FHA Data to Appraisal Database to Reduce Home-Appraisal Bias

DENVER, Colo.—The FHFA and HUD announced the expansion of public appraisal data to include FHA loans, according to...
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Co-Living Could Be the Answer to Office Conversions
The residential real estate market has an inventory shortage, while commercial real estate is experiencing high vacancy rates due to shifts away from in-office mandates. The two birds with one stone solution has been to convert unused office buildings into multi-unit residential buildings. Cities such as Boston have even passed tax breaks to incentivize developers to convert offices into apartments.... More
Threat of Wildfire Balloons Insurance Costs, Shifts Markets Out West

How will the threat of wildfires affect real estate businesses in the western portion of the United States? The answer to the question...
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Existing-Home Sales Fall 1% in September, a 14-Year Low

In September, total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops...
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Homespun
From Doldrums to Deals: Keeping Your Prospecting Spirits High
Staying motivated in the real estate business can be a challenge, especially when it comes to prospecting. It’s easy to feel overwhelmed or uninspired, but staying on track is crucial for your success. Whether you’re a seasoned agent or just starting out, there are strategies you can adopt to keep yourself motivated, even when you don’t feel like it...
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articles
An Important Key to Your Long-Term Success: Retention
Buyer Agent Playbook: What Clients Insist on Knowing Right Now About the Market Climate
 
 
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