New York Real Estate Blog
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NAR Vows to Appeal Sitzer/Burnett Verdict
NAR to Appeal Burnett Trial Verdict: A Closer Look at the MLS Rules and Real Estate Compensation Model In a recent press release, the National Association of REALTORS® (NAR) announced its intention to appeal the verdict in the Sitzer/Burnett trial. The jury found...
NYS 75 Hour Real Estate Broker Licensing Course Classroom Instructor Led
Embark on your journey to becoming a licensed New York State Real Estate Broker with our comprehensive 75-Hour Pre-Licensing Course! Fully updated to mirror the latest legal modifications and practical shifts in the New York Real Estate sector, our course is your...
Mortgage Applications Decrease in Latest MBA Weekly Survey while ARMs Increase 10%
As a real estate agent, staying up to date with the latest trends and market insights is crucial for success. The Mortgage Bankers Association (MBA) survey provides valuable data on mortgage applications, offering valuable insights into the current state of the...
NAR CEO Bob Goldberg’s Unexpected Retirement and Nykia Wright Appointment as Interim CEO
The real estate industry was taken by surprise when Bob Goldberg, the CEO of the National Association of REALTORS (NAR), announced his immediate retirement. Previously expected to retire at the end of 2024, Goldberg's sudden decision has raised questions and sparked...
New Class Action Complaint Filed Against New Batch of Brokers Minutes After the Guilty Verdict
A Closer Look at the Legal Action in the Aftermath of the Sitzer/Burnett Class Action Lawsuit In the wake of the recent guilty verdict in the Sitzer/Burnett class action lawsuit, the real estate industry continues to feel the reverberations. Following closely on the...
Real Estate Stocks Tumble Following Sitzer/Burnett Lawsuit Verdict
Real Estate Stocks Tumble Following Sitzer/Burnett Lawsuit Verdict How the Guilty Verdict is Shaking the Publicly Traded Real Estate Sector The recent guilty verdict in the Sitzer/Burnett class-action lawsuit has sent shockwaves through the real estate industry....
Federal Jury Finds NAR and Brokers Guilty in Class Action Lawsuit
In a landmark decision that has sent ripples through the real estate industry, a federal jury has found in favor of the plaintiffs in the Sitzer/Burnett class-action lawsuit, a case closely watched by real estate professionals across the nation. The jury has ruled...
Adjustable Rate Mortgages (ARMS): Pros and Cons for Real Estate Agents
In the current housing market, with mortgage rates on the rise, many homebuyers are considering adjustable-rate mortgages (ARMs) as a way to afford a home. ARMs offer lower introductory interest rates than fixed-rate mortgages, which can make monthly payments more...
Impact of Increasing Mortgage Rates on Homebuyers and the Housing Market
Insights for Real Estate Agents In recent times, the housing market has been facing significant challenges due to the relentless rise in mortgage rates. As a real estate agent, it is crucial to understand the implications of these increasing rates on homebuyers and...