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Sexual assault complaint stresses Sanford’s ‘control’ over eXp agents

USA Real Estate News-Inman - 1 hour 47 min ago
Judge finds four agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a "cover up" of alleged rapes by top agent recruiters in order to financially benefit.

Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain

USA Real Estate News-RISMedia - 2 hours 8 min ago

California-based Loan Factory and its CEO Thuan Nguyen are in hot water over allegedly using competitors’ names, photos and likenesses who had no affiliation with the company to attract business, according to a new class-action lawsuit filed Thursday in a California court. This news was first reported by National Mortgage Professional. Loan Factory is accused…

The post Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain appeared first on RISMedia.

Compass, eXp notch more big recruiting wins

USA Real Estate News-Inman - 2 hours 31 min ago
Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks.

Better Homes and Gardens Real Estate Names VP of Learning

USA Real Estate News-RISMedia - 2 hours 46 min ago

Better Homes and Gardens Real Estate LLC has announced the appointment of Karrie-Ann Sheppard as vice president of learning.   In her new role as VP of Learning, BHGRE stated that Sheppard will focus on creating and implementing strategic initiatives to foster the growth of agents and brokers within the Better Homes and Gardens Real Estate®…

The post Better Homes and Gardens Real Estate Names VP of Learning appeared first on RISMedia.

Scarce inventory, falling rates could boost home prices

USA Real Estate News-Inman - 2 hours 48 min ago
In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4 percent in 2024. Now they're predicting prices will go up by 3.8 percent.

A CRM and TM System to Measure True ROI (and Everything Else)

USA Real Estate News-RISMedia - 2 hours 52 min ago

Above, REW CEO Morgan Carey Imagine if your CRM could tell you exactly which sources are providing the best return on investment, and which ones aren’t. Imagine a true measurement of each of your marketing channels that calculates the return on your marketing spend all the way through from the first dollar spent to how…

The post A CRM and TM System to Measure True ROI (and Everything Else) appeared first on RISMedia.

Mortgage rates ease for 2nd consecutive day on inflation data

USA Real Estate News-Inman - 2 hours 56 min ago
The Federal Reserve's moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year.

Using paid leads? Here’s the FCC change you need to know now

USA Real Estate News-Inman - 4 hours 5 min ago
Whether your lead gen leans into cold calls, direct mail, door knocking or portals, Bernice Ross talks to REDX CEO Curtis Fenn to find out what changes are afoot.

Mexicali becomes a tiny home capital with new Samara factory

USA Real Estate News-Inman - 4 hours 22 min ago
The accessory dwelling unit startup launched in 2022 by an Airbnb cofounder announced this week that it is taking its manufacturing operations in-house.

How far would you go to protect your buyer clients? The Download

USA Real Estate News-Inman - 4 hours 22 min ago
The Consumer Federation of America, an industry watchdog, says that the buyer agreements you're depending on are woefully inadequate to properly protect homebuyers.

‘Selling the Hamptons’ is back — and the competition is fierce

USA Real Estate News-Inman - 4 hours 48 min ago
Two new cast members make their entrance in Season 2 of "Selling the Hamptons," which premieres on Max on Friday. Season 1 vets Bianca D'Alessio and Peggy Zabakolas told Inman the newbies are ready to ruffle some feathers.

Survey Finds Seller Concessions Are Making a Comeback in Some Markets

USA Real Estate News-RISMedia - 4 hours 54 min ago

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint. Close to two in five of agents’ clients offered credit for needed repairs that were discovered during…

The post Survey Finds Seller Concessions Are Making a Comeback in Some Markets appeared first on RISMedia.

ERA Announces 2023 Circle of Success Winners

USA Real Estate News-RISMedia - 5 hours 5 min ago

ERA Real Estate announced its 2023 Circle of Success Award recipients, recognizing affiliated brokerages and agents for their outstanding accomplishments, commitment to service and professional triumphs. The announcement came during ERA Real Estate’s annual all-network conference—Fuel 2024—held in Nashville, Tennessee.  “We are extremely proud of our ERA affiliated companies and agents who have exceeded their goals…

The post ERA Announces 2023 Circle of Success Winners appeared first on RISMedia.

United Mortgage Turns to Refinances to Fight Mortgage Market Challenges

USA Real Estate News-RISMedia - 5 hours 9 min ago

United Wholesale Mortgage (UWM) continues to fight through the tides of the mortgage market. Despite some pitfalls in their Q4 2023 and full-year earnings, the company remains hard on their stance of success and is taking turns to adjust for the future. “2023 was one of the best years in UWM’s history. It wasn’t the…

The post United Mortgage Turns to Refinances to Fight Mortgage Market Challenges appeared first on RISMedia.

Redfin and NAR the Targets of Yet Another Commission Suit

USA Real Estate News-RISMedia - 5 hours 27 min ago

Another commission lawsuit is facing the National Association of REALTORS® (NAR), this time including Redfin and the California Association of REALTORS® (CAR). Referred to as the Freedlund suit, brought by sole Plaintiff Andrea Freedlund, the case, filed Tues., Feb. 26 in U.S. District Court in the Central District of California, alleges—yet again—that defendants conspired to…

The post Redfin and NAR the Targets of Yet Another Commission Suit appeared first on RISMedia.

Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel

USA Real Estate News-RISMedia - 6 hours 8 min ago

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Rocket, the largest lender in the country by most metrics, is shuttering Rocket Pro Originate, a platform for insurance agents, financial advisors, tax professionals and real estate agents to originate mortgages with the company. According…

The post Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel appeared first on RISMedia.

Contracts, crosshairs, commissions: Inman’s Top 5

USA Real Estate News-Inman - 6 hours 17 min ago
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Plaintiffs Seek Partial Summary Judgment in Moehrl Commission Case

USA Real Estate News-RISMedia - 7 hours 15 min ago

In an attempt to counter the defendants’ Dec. 19 request for summary judgment in their favor in the ongoing commission case known as Moehrl, the plaintiffs on Feb. 26 filed their own motion, essentially countering the defendants’ ‘No, we didn’t’ insistence on whether they conspired to fix commissions with their ‘Yes, you did.’ Appealing to…

The post Plaintiffs Seek Partial Summary Judgment in Moehrl Commission Case appeared first on RISMedia.

Here’s how Zillow’s new ‘super app’ is driving revenue growth: DelPrete

USA Real Estate News-Inman - 10 hours 8 min ago
Zillow is diversifying its revenue along the transaction — what it calls its super app — and is outperforming a depressed market, Mike DelPrete writes.
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